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TTU / Business Administration / BA 3305 / How does a successful organization achieve future outcomes?

How does a successful organization achieve future outcomes?

How does a successful organization achieve future outcomes?

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Homework 1We also discuss several other topics like What isf ammonia is removed?

  • How does a successful organization achieve future outcomes?
  • By working together & coordinating actions among employees.

  • What is the planning, organizing, & controlling of resources to achieve goals in a way that is cost-effective and efficient?
  • Management

  • What is a compelling reason to study management?
  • You will learn from others & equip yourself to help a future employer succeed.

  • Why is it important to complete the 3rd step in planning?
  • B/c deciding how to allocate resources to best achieve goals determines the performance level.
  • It is important how managers decide how to organize resources.

  • What refers to evaluating how well an organization is achieving its goals & taking action to maintain or improve performance?
  • controlling

  • What is the role of leading in the essential management task model?
  • It is articulating a clear vision for organizational members to achieve goals.

  • A department is a group of people who work. together, & is made up of a group of managers & employees who all have a similar skill set & who use similar tools to perform their job.

  • A first line manager is responsible for the daily supervision of non-managerial employees

  • Henry Mintzberg identified io kinds of specific roles which he grouped into decisional, interpersonal, & informational.

  • Which level of management is responsible for finding the best way to organize resources to achieve goals?
  • Middle

  • Which level of management has cross-departmental responsibility?
  • Top

  • Managers need to master conceptual, technical and human skills.

  • The ability to analyze & diagnose a situation & distinguish b/w cause & effect are known as conceptual skills

  • What managerial skills are defined as the abilities associated with understanding, altering, leading & controlling the behavior of other individuals?
  • Human.

  • When managers have job specific knowledge and techniques required to perform them, their requisite skills are technical.

  • Often, restructuring involves simplifying, Shrinking, or downsizing operations to lowest operating costs.

  • T/F Restructuring can result in an increased level of customer complaints?
  • True

  • Where do companies tend to outsource they previously performed in-house?
  • Low-cost countries.

  • Self-managed teams are made up of employees who assume collective responsibility for organizing controlling, & supervising their own work activities

  • Positive outcomes of a self-managed team? -
  • Better utilization of workforce
  • Accomplishing tasks more quickly & efficiently

  • What are 2 essential characteristics of global organization?
  • operate & compete in multiple countries.

  • 4 building blocks of competitive advantage are superior efficiency, quality; speed; flexibility; & Responsiveness to customers

  • The process of creating new / improved goods or finding better ways to produce or provide them is known as: innovation.

  • Assets such as people, machinery, raw materials, and computers are examples of organizational resources.

  • Once organizational structures are in place, they help determine how to use resources to create goods / services

  • What is the measure of the appropriateness of an Organizational goal & the degree to which an organization achieves that goal? -
  • Effectiveness
  • It is the managers responsibility to take corrective action to improve an organization's performance isn't meeting its desired outcomes.

 

  • Crises that can arise from natural causes
  • earthquakes, famine, hurricanes.

  • Success or failure of the company ultimately rests with top managers.

  • Innovation is generally provided: by small groups or teams.

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