Flashcards on Management Fundamentals

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What is management?

Management involves planning, organizing, staffing, directing, and controlling resources such as financial, physical, human, and informational, to achieve organizational goals.

What are the levels of management?

There are three levels of management: top level, middle level, and lower or first-level management.

What are the functions of management?

The functions of management include planning, organizing, staffing, directing, and controlling.

What is the purpose of planning in management?

Planning is essential in management as it helps in defining goals, objectives, and strategies to achieve those goals.

What is the importance of staff management in an organization?

Staff management is crucial for an organization because it ensures effective utilization of available resources and helps in achieving the desired goals.

What is controlling in management?

Controlling includes monitoring and evaluating organizational performance and making necessary changes to ensure that organizational goals are achieved.

Who is responsible for setting organizational goals?

Top level management is responsible for setting organizational goals.

What is the role of middle-level management?

Middle-level management is responsible for implementing and executing the plans formulated by the top level management.

What is a SWOT analysis?

SWOT analysis is an assessment tool used in management to evaluate an organization's strengths, weaknesses, opportunities, and threats.

What is the importance of delegation in management?

Delegation is important in management because it helps in effective utilization of available resources and helps in achieving organizational goals efficiently.

What is the objective of staffing in management?

The objective of staffing is to ensure that the right person is placed in the right job at the right time, to achieve organizational goals efficiently.

What is the role of a manager?

The role of a manager includes planning, organizing, staffing, directing, and controlling resources to achieve organizational goals.

What is the importance of communication in management?

Communication is important in management because it helps in effective coordination and cooperation among various departments and individuals to achieve organizational goals.

What is the importance of motivation in management?

Motivation is important in management because it helps in improving employee morale and productivity, leading to the achievement of organizational goals.

What is the role of technology in management?

Technology plays a crucial role in management by facilitating communication, coordination, and decision-making processes, leading to the achievement of organizational goals.

What is management?

Management involves planning, organizing, staffing, directing, and controlling resources such as financial, physical, human, and informational, to achieve organizational goals.

What are the levels of management?

There are three levels of management: top level, middle level, and lower or first-level management.

What are the functions of management?

The functions of management include planning, organizing, staffing, directing, and controlling.

What is the purpose of planning in management?

Planning is essential in management as it helps in defining goals, objectives, and strategies to achieve those goals.

What is the importance of staff management in an organization?

Staff management is crucial for an organization because it ensures effective utilization of available resources and helps in achieving the desired goals.

What is controlling in management?

Controlling includes monitoring and evaluating organizational performance and making necessary changes to ensure that organizational goals are achieved.

Who is responsible for setting organizational goals?

Top level management is responsible for setting organizational goals.

What is the role of middle-level management?

Middle-level management is responsible for implementing and executing the plans formulated by the top level management.

What is a SWOT analysis?

SWOT analysis is an assessment tool used in management to evaluate an organization's strengths, weaknesses, opportunities, and threats.

What is the importance of delegation in management?

Delegation is important in management because it helps in effective utilization of available resources and helps in achieving organizational goals efficiently.

What is the objective of staffing in management?

The objective of staffing is to ensure that the right person is placed in the right job at the right time, to achieve organizational goals efficiently.

What is the role of a manager?

The role of a manager includes planning, organizing, staffing, directing, and controlling resources to achieve organizational goals.

What is the importance of communication in management?

Communication is important in management because it helps in effective coordination and cooperation among various departments and individuals to achieve organizational goals.

What is the importance of motivation in management?

Motivation is important in management because it helps in improving employee morale and productivity, leading to the achievement of organizational goals.

What is the role of technology in management?

Technology plays a crucial role in management by facilitating communication, coordination, and decision-making processes, leading to the achievement of organizational goals.

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