MGT501 Midterm Handouts by VU Oxford

Also Added Today Qu · Som · PLANNING

Planning is specifyi advance to achieve th

ORGANIZING

Organizing is the co needed to achieve the

LEADING

Leading is directing employees, individual

CONTROLLING Controlling means

EFFICIENCY

It is a ratio of input

EFFECTIVENESS

It is the degree to w

MGT501

Mid-Term

Quiz By VU OXFORD HANDOUT SHOP

100 % CORRECT MCSQ · AND Many MoRe · MGT 501 · uiz · 30-june-2022 · me Important Notes from · LEC 1 TO 22

ing and deciding of appropriate actions he goals.

oordination of all organizational resour

goals.

g, encouraging, motivating and communic lly and in groups.

to get job done in the given time?

and output. (Doing things right).

which the organizations output correspond

in

rces

cating with

d to the needs SYNERGY

This concept states 2+2=5 (fifth unit is sy

PERSONALITY

The unique combin person?

PERCEPTION

Perception is the m

ATTITUDE

It consists of feeling

ETHICS

Rules and principle

STAKE HOLDERS

All individuals and organization’s decisio

INDIVIDUALS

Individuals are imp

PROACTIVE RESPONSE It involves taking actio

REACTIVE RESPONSE It involves simply reac

AUTHORITY that the whole is greater than the sum of ynergic affect)

nation of physical behavior/traits that desc

mental process to pay attention.

gs, believes and behaviors?

es that define right and wrong conduct.

d groups that are directly or indirectly affec on.

portant units of any organization.

on in anticipation of environmental chang

cting to environmental changes after they its parts. e.g.

cribes a

cted by an

ges

y occur. It is the right to make decisions, to direct the work of others, and to give orders.

EXECUTIVES Executives are the top-level managers who report directly to the corporation’s chief executive officer.

HR GENRALIST Are people who perform tasks in wide variety of human resource related areas.

HR SPECIALIST Specialist may be a HR executive, manager or non-manager who typically is concerned with only one of the functional areas of HRM.

FAIR EMPLOYMENT A situation in which employment decisions are not affected by discrimination

EMPLOYMENT DISCRIMINATION To make an employment decision, not on the basis of legitimate jobrelated factors. Or a situation in which employment decisions are affected by discrimination

GROUP

A group is defined as two or more interacting individuals who come together to achieve particular goal.

Type of Groups I. Formal (a work group that is established by organization for specific assignment or task) ii. Informal (a group i.e. formed naturally due to social relations)

TEAM

A group of highly independent members, committed to accomplish a common goal.

Types of Teams I. Self-managed ii. cross departmental iii. quality circles (problem solving)