Grapevine, Social Network, Informal Communications, Principles of Management Quiz, BMGT
The key terms in this Business Management course include Grapevine, Social Network, Informal Communications, Maslow’s Need Hierarchy, Alderfer’s ERG Theory, Balance Sheet, Performance Level, Standard, Systematic Management, Administrative Management, Principles of Management Quiz, BMGT
The _____ is the social network of informal communications.
grapevine
mailroom
meeting room
“water cooler”
Facebook page
The Maslow’s need hierarchy is different from Alderfer’s ERG theory in that
ERG theory states that various needs operate simultaneously.
Maslow’s hierarchy has more scientific validity.
Maslow’s hierarchy states that once a need is satisfied, it acts as a powerful motivator.
ERG theory focuses on five levels of need.
ERG theory reminds managers of the types of reinforcers that can be used to motivate people.
A(n) _______ is a report that shows the financial picture of a company at a given time and itemizes assets, liabilities, and stockholders’ equity.
profit and loss statement
expense report
income statement
budget report
_______ is the level of expected performance for a given goal: a target that establishes a desired performance level, motivates performance, and serves as a benchmark against which actual performance is assessed.
Standard
Liability
Asset
Audit
Systematic Management
structured, formal network of relationships among specialized positions; rules and regulations to standardize behavior and; authority resides in positions not individuals; therefore organizations will realize efficiency and success by following established unbiased rules.
build internal procedures and processes into operations to improve coordination efforts.
applied scientific methods to analyze work and determine how best to complete production tasks in an efficient manner in order to improve production efficiency.
emphasizes perspective of senior managers and that management, as a profession, can be taught.
was the first approach to emphasize informal work relationships and worker satisfaction.
Administrative Management
emphasizes perspective of senior managers and that management, as a profession, can be taught.
applied scientific methods to analyze work and determine how best to complete production tasks in an efficient manner in order to improve production efficiency.
structured, formal network of relationships among specialized positions; rules and regulations to standardize behavior and; authority resides in positions not individuals; therefore organizations will realize efficiency and success by following established unbiased rules.
build internal procedures and processes into operations to improve coordination efforts.
was the first approach to emphasize informal work relationships and worker satisfaction.