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d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] FDIC [Definition]
|
Federal Deposit Insurance Corporation, a body that underwrites most private bank deposits
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Fees [Definition]
|
A payment made for professional advice or services
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Financial Literacy [Definition]
|
knowing about money
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Financial Security [Definition]
|
A security is a fungible, negotiable instrument representing financial value.
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Fixed Expense [Definition]
|
Costs of owning and operating a property that are not discretionary and, except for occasional increases,
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Income [Definition]
|
Money received, esp. on a regular basis, for work or through investments.
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Interest [Definition]
|
The state of wanting to know or learn about something or someone: "many people lose interest in history".
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Loan Overdraft [Definition]
|
Loan arrangement under which a bank extends credit up to a maximum amount overdraft limit against which a current checking account customer can write checks or make withdrawals/
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Memo [Definition]
|
A written message, esp. in business; a memorandum.
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Needs [Definition]
|
something you can't live without
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Non-sufficient funds (NSF) [Definition]
|
A term used to indicate when an item such as a check, or other transaction presented for payment is returned unpaid
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Online Banking [Definition]
|
Online banking (or Internet banking) allows customers to conduct financial transactions on a secure website
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Payee [Definition]
|
A person to whom money is paid or is to be paid, esp. the person to whom a check is made payable.
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Payer [Definition]
|
a person who pays money for something.
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Reconcile [Definition]
|
Cause to coexist in harmony; make or show to be compatible.
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Savings [Definition]
|
An economy of or reduction in money, time, or another resource. The money one has saved, esp. through a bank or official scheme
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Variable Expenses [Definition]
|
Variable expense) Variable costs are expenses that change in proportion to the activity of a business.
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Wants [Definition]
|
something you would like to have but don't need to survive.
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
d429e739_cards_about_Budget_and_Banking__Definition
|
[Term] Withdrawal [Definition]
|
An act of taking money out of an account.
|
[] |
Flashcards about Budget and Banking
|
Definition
|
http://www.studystack.com/flashcard-1211735
|
38/1438042981969.11_20150728002301-00154-ip-10-236-191-2_731704188_3.json
|
60861e58_shcards_about_Accounting_Bonds__Question
|
[Answer] Interest bearing note [Question]
|
Bond
|
[] |
Flashcards about Accounting Bonds
|
Question
|
http://www.studystack.com/flashcard-546563
|
38/1438042981969.11_20150728002301-00326-ip-10-236-191-2_720761708_3.json
|
60861e58_shcards_about_Accounting_Bonds__Question
|
[Answer] income earned by each share of common stock [Question]
|
Earnings Per Share
|
[] |
Flashcards about Accounting Bonds
|
Question
|
http://www.studystack.com/flashcard-546563
|
38/1438042981969.11_20150728002301-00326-ip-10-236-191-2_720761708_3.json
|
60861e58_shcards_about_Accounting_Bonds__Question
|
[Answer] the underlying contract between the company issuing bonds and the bondholders [Question]
|
Bond/Trust Indenture
|
[] |
Flashcards about Accounting Bonds
|
Question
|
http://www.studystack.com/flashcard-546563
|
38/1438042981969.11_20150728002301-00326-ip-10-236-191-2_720761708_3.json
|
60861e58_shcards_about_Accounting_Bonds__Question
|
[Answer] Face value of each bond [Question]
|
Principal
|
[] |
Flashcards about Accounting Bonds
|
Question
|
http://www.studystack.com/flashcard-546563
|
38/1438042981969.11_20150728002301-00326-ip-10-236-191-2_720761708_3.json
|
60861e58_shcards_about_Accounting_Bonds__Question
|
[Answer] when all bonds of an issue mature at the same time [Question]
|
Term Bond
|
[] |
Flashcards about Accounting Bonds
|
Question
|
http://www.studystack.com/flashcard-546563
|
38/1438042981969.11_20150728002301-00326-ip-10-236-191-2_720761708_3.json
|
60861e58_shcards_about_Accounting_Bonds__Question
|
[Answer] when all bonds mature over several dates [Question]
|
Serial Bond
|
[] |
Flashcards about Accounting Bonds
|
Question
|
http://www.studystack.com/flashcard-546563
|
38/1438042981969.11_20150728002301-00326-ip-10-236-191-2_720761708_3.json
|
60861e58_shcards_about_Accounting_Bonds__Question
|
[Answer] bond that may be exchanged for other securities, such as common stock [Question]
|
Convertible Bond
|
[] |
Flashcards about Accounting Bonds
|
Question
|
http://www.studystack.com/flashcard-546563
|
38/1438042981969.11_20150728002301-00326-ip-10-236-191-2_720761708_3.json
|
60861e58_shcards_about_Accounting_Bonds__Question
|
[Answer] bond that a corporation reserves the right to redeem before their maturity [Question]
|
Callable Bond
|
[] |
Flashcards about Accounting Bonds
|
Question
|
http://www.studystack.com/flashcard-546563
|
38/1438042981969.11_20150728002301-00326-ip-10-236-191-2_720761708_3.json
|
60861e58_shcards_about_Accounting_Bonds__Question
|
[Answer] bond issued on the basis of the general credit of the corporation [Question]
|
Debenture Bond
|
[] |
Flashcards about Accounting Bonds
|
Question
|
http://www.studystack.com/flashcard-546563
|
38/1438042981969.11_20150728002301-00326-ip-10-236-191-2_720761708_3.json
|
60861e58_shcards_about_Accounting_Bonds__Question
|
[Answer] interest to be paid on the face amount of the bond [Question]
|
Contract/Stated/Coupon Rate
|
[] |
Flashcards about Accounting Bonds
|
Question
|
http://www.studystack.com/flashcard-546563
|
38/1438042981969.11_20150728002301-00326-ip-10-236-191-2_720761708_3.json
|
60861e58_shcards_about_Accounting_Bonds__Question
|
[Answer] rate determined from sales and purchases of other bonds [Question]
|
Market/Effective Rate of Interest
|
[] |
Flashcards about Accounting Bonds
|
Question
|
http://www.studystack.com/flashcard-546563
|
38/1438042981969.11_20150728002301-00326-ip-10-236-191-2_720761708_3.json
|
60861e58_shcards_about_Accounting_Bonds__Question
|
[Answer] face amount of the bonds less any unamortized discount or plus any unamortized premium [Question]
|
Carrying Amount of Bonds Payable
|
[] |
Flashcards about Accounting Bonds
|
Question
|
http://www.studystack.com/flashcard-546563
|
38/1438042981969.11_20150728002301-00326-ip-10-236-191-2_720761708_3.json
|
60861e58_shcards_about_Accounting_Bonds__Question
|
[Answer] debt that requires the borrower to make equal periodic payments to the lender for the term of the note [Question]
|
Installment Note
|
[] |
Flashcards about Accounting Bonds
|
Question
|
http://www.studystack.com/flashcard-546563
|
38/1438042981969.11_20150728002301-00326-ip-10-236-191-2_720761708_3.json
|
60861e58_shcards_about_Accounting_Bonds__Question
|
[Answer] An installment note that is secured by a pledge of the borrower’s assets [Question]
|
Mortgage Note
|
[] |
Flashcards about Accounting Bonds
|
Question
|
http://www.studystack.com/flashcard-546563
|
38/1438042981969.11_20150728002301-00326-ip-10-236-191-2_720761708_3.json
|
60861e58_shcards_about_Accounting_Bonds__Question
|
[Answer] corporation issuing bond must transfer cash to a special cash fund over the life of the bond-ensures cash to pay at maturity date [Question]
|
Sinking fund
|
[] |
Flashcards about Accounting Bonds
|
Question
|
http://www.studystack.com/flashcard-546563
|
38/1438042981969.11_20150728002301-00326-ip-10-236-191-2_720761708_3.json
|
60861e58_shcards_about_Accounting_Bonds__Question
|
[Answer] value assigned to every share of stock [Question]
|
Par
|
[] |
Flashcards about Accounting Bonds
|
Question
|
http://www.studystack.com/flashcard-546563
|
38/1438042981969.11_20150728002301-00326-ip-10-236-191-2_720761708_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] The process of achieving objectives through people and other resources. The manager's job is to combine human and technical resources in the best way possible to achieve the company's goals. [Term]
|
Management
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] The highest level of management including such positions as CEO, CFO and Executive Vice President. Top managers spend most of their time developing long-range plans for their organizations. [Term]
|
Top Management
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] The second tier of the management hierarchy, includres positions such as general managers, plant managers, division managers and branch managers. Middle managers' attention focus on specific operations, products or customer groups within an organization. [Term]
|
Middle Management
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] invisible barrier that resists the efforts of women in moving up the corporate hierarchy beyond a certain point [Term]
|
Glass ceiling
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] first-line management – includes positions such as supervisor, line manager, and group or team leader. Directly responsible for assigning nonmanagerial employees to specific jobs and evaluating their performance every day [Term]
|
Supervisory management
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] ability to understand and apply the techniques, knowledge, and tools and equipment of a specific discipline or department [Term]
|
Technical skills
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] interpersonal skills that enable a manager to work effectively with and through people [Term]
|
Human skills
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] ability to see the organization as a unified whole and to understand how each part of the overall organization interacts with other parts [Term]
|
Conceptual skills
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] Must learn local languages, cultural customs, and practices and expectations of foreign business environments - Awareness of differences among cultures - Able to handle culture shock [Term]
|
Special Skills for Overseas Managers
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] process of anticipating future events and conditions and determining courses of action for achieving organizational objectives [Term]
|
Planning
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] means by which managers blend human and material resources through a formal structure of tasks and authority [Term]
|
Organizing
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] guiding and motivating employees to accomplish organizational objectives [Term]
|
Directing
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] evaluating an organization’s performance and determining whether it is accomplishing its objectives [Term]
|
Controlling
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] perception of marketplace needs and the methods an organization can use to satisfy them - Helps to direct the company toward opportunities . . . and differentiates it from competitors - Helps unify the actions of far-flung divisions, keep customers satis [Term]
|
Vision
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] takes the firm’s objectives and specifies the activities and resources required to achieve them [Term]
|
Business plan
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] process of determining the primary objectives of an organization and adopting courses of action in allocating resources to achieve these objectives [Term]
|
Strategic planning
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] involves implementing the activities specified by strategic plans - Guides the current and near-term activities required to implement overall strategies [Term]
|
Tactical planning
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] creates the detailed standards that guide implementation of tactical plans - Involves choosing specific work targets and assigning employees and teams to carry out plans [Term]
|
Operational planning
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] developing courses of action that are fluid and forward-looking enough to adapt to changes in the business environment - Emphasizes focus and flexibility [Term]
|
Adaptive planning
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] allows a firm to resume operations as quickly and as smoothly as possible after a crisis while openly communicating with the public about what happened - Usually designates a chain of command for crisis management [Term]
|
Contingency planning
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] written explanation of an organization’s business intentions and aims [Term]
|
Mission statement
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] Involves an examination of the factors that may help or hinder the organization in the future [Term]
|
Assessing Competitive Position
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] organized method of assessing a company’s internal strengths and weaknesses and its external opportunities and threats [Term]
|
SWOT analysis
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] process of estimating or predicting a company’s future sales or income - Can focus on Short-Term, Intermediate term or Long Term [Term]
|
Forecasting
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] guideposts by which managers define the organization’s desired performance in such areas as profitability, customer service, growth, and employee satisfaction [Term]
|
Objectives
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] unique combination of a company’s abilities and approaches to place it ahead of competitors [Term]
|
Competitive differentiation
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] Human resources, Product Innovation, Technology and Financial Management [Term]
|
Sources of competitive differentiation include
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] Turning Strategy Into Action - Strategy put into action by identifying the specific methods and deploying the resources needed to implement the intended plans [Term]
|
Implementation
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] process of recognizing a problem or opportunity, evaluating alternative solutions, selecting and implementing an alternative, and assessing the results [Term]
|
Decision making
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] involves simple, common, and frequently occurring problems for which solutions have already been determined [Term]
|
Programmed decision
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] involves a complex and unique problem or opportunity with important consequences for the organization [Term]
|
Nonprogrammed decision
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] ...involves taking risks [Term]
|
Making good decisions...
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] ability to direct or inspire people to attain organizational goals: Empathy, Self-awareness, Objectivity [Term]
|
Leadership
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] Courage, Ability to inspire, Passion, Commitment, Flexibility, Innovation, Willingness to experiment [Term]
|
Other traits of a good leader may include:
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] boss makes decisions on their own without consulting employees [Term]
|
Autocratic leadership
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] involves subordinates in making decisions [Term]
|
Democratic leadership
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] leader believes in minimal supervision, leaving most decisions to subordinates [Term]
|
Free-reign leadership
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] practice in which managers lead employees by sharing power, responsibility, and decision making with them [Term]
|
Empowerment
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] Depends on function of the leader, subordinates, and situation [Term]
|
Which Leadership Style is Best?
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] organization’s system of principles, beliefs, and values [Term]
|
Corporate culture
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] structured grouping of people working together to achieve common goals [Term]
|
Organization
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] visual representation of a firm’s structure that illustrates job positions and functions [Term]
|
Organization chart
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] process of dividing work activities into units within the organization [Term]
|
Departmentalization
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] Product, Geographic Area, Customer, Function, Process [Term]
|
Major forms of departmentalization subdivide work by:
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] Organizes work units based on the goods and services offered [Term]
|
Product departmentalization:
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] units organized by geographic region within a country - For a multinational firm, units organized by regions throughout the world [Term]
|
Geographic departmentalization:
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] organization that offers a variety of goods and services targeted to different types of customers might structure itself based on customers served [Term]
|
Customer departmentalization:
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] work units organized according to business functions such as finance, marketing, human resources, and production [Term]
|
Functional departmentalization:
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] units organized by work processes required to complete production of goods [Term]
|
Process departmentalization:
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] act of assigning activities to subordinates [Term]
|
Delegation
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] number of subordinates a manager can supervise effectively [Term]
|
Span of management (span of control):
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] retains decision-making at the top of the management hierarchy [Term]
|
Centralization:
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] locates decision-making at lower levels [Term]
|
Decentralization:
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] establishes a direct flow of authority from the chief executive to subordinates [Term]
|
Line organization:
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] set of relationships that indicates who directs which activities and who reports to whom [Term]
|
Chain of command:
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] combines the direct flow of authority of a line organization with staff departments that serve, advise, and support the line departments [Term]
|
Line-and-staff organization:
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] interacts directly with the functions of production, finance, or marketing – the functions needed to produce and market goods and services [Term]
|
Line manager:
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] provides information, advice, or technical assistance to aid line managers [Term]
|
Staff manager
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] structure that places authority and responsibility jointly in the hands of a group of individuals rather than a single manager [Term]
|
Committee organization
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
fca461fd_hcards_about_MGT_161_Chapter_8__Term
|
[Description] links employees from different parts of the organization to work together on specific projects [Term]
|
Matrix, or project management, structure:
|
[] |
Flashcards about MGT 161 Chapter 8
|
Term
|
http://www.studystack.com/flashcard-1314
|
38/1438042981969.11_20150728002301-00293-ip-10-236-191-2_731040503_3.json
|
d55b87a9_Flashcards_about_Chapter_1__Term
|
[Definition] a man-made object [Term]
|
Artefact
|
[
[
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"r",
"t",
"e",
"f",
"a",
"c",
"t"
],
[
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[
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[
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[
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"/",
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[
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],
[
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"e",
"u",
"m"
],
[
"A",
"r",
"c",
"h",
"i",
"v",
"e"
]
] |
Flashcards about Chapter 1
|
Term
|
http://www.studystack.com/flashcard-1347299
|
38/1438043062723.96_20150728002422-00163-ip-10-236-191-2_732163904_3.json
|
d55b87a9_Flashcards_about_Chapter_1__Term
|
[Definition] a method used by archaeologists to find out about the past [Term]
|
Carbon dating
|
[
[
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"r",
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"e",
"f",
"a",
"c",
"t"
],
[
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[
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[
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[
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[
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"c",
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"/",
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"o",
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"o",
"g",
"y"
],
[
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"n",
"s",
"u",
"s"
],
[
"M",
"u",
"s",
"e",
"u",
"m"
],
[
"A",
"r",
"c",
"h",
"i",
"v",
"e"
]
] |
Flashcards about Chapter 1
|
Term
|
http://www.studystack.com/flashcard-1347299
|
38/1438043062723.96_20150728002422-00163-ip-10-236-191-2_732163904_3.json
|
d55b87a9_Flashcards_about_Chapter_1__Term
|
[Definition] a source made or written at the time the event took place [Term]
|
Primary source
|
[
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[
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[
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[
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[
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"-",
"h",
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],
[
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"/",
"s",
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"v",
"a",
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"a",
"r",
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"o",
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],
[
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"s",
"u",
"s"
],
[
"M",
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"s",
"e",
"u",
"m"
],
[
"A",
"r",
"c",
"h",
"i",
"v",
"e"
]
] |
Flashcards about Chapter 1
|
Term
|
http://www.studystack.com/flashcard-1347299
|
38/1438043062723.96_20150728002422-00163-ip-10-236-191-2_732163904_3.json
|
d55b87a9_Flashcards_about_Chapter_1__Term
|
[Definition] a second hand source, written or made by someone who was not a witness to the event [Term]
|
Secondary source
|
[
[
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"r",
"t",
"e",
"f",
"a",
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[
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[
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"a",
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" ",
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"o",
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"c",
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],
[
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"c",
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"r",
"c",
"e"
],
[
"P",
"r",
"e",
"-",
"h",
"i",
"s",
"t",
"o",
"r",
"y"
],
[
"R",
"e",
"s",
"c",
"u",
"e",
"/",
"s",
"a",
"l",
"v",
"a",
"g",
"e",
" ",
"a",
"r",
"c",
"h",
"a",
"e",
"o",
"l",
"o",
"g",
"y"
],
[
"C",
"e",
"n",
"s",
"u",
"s"
],
[
"M",
"u",
"s",
"e",
"u",
"m"
],
[
"A",
"r",
"c",
"h",
"i",
"v",
"e"
]
] |
Flashcards about Chapter 1
|
Term
|
http://www.studystack.com/flashcard-1347299
|
38/1438043062723.96_20150728002422-00163-ip-10-236-191-2_732163904_3.json
|
d55b87a9_Flashcards_about_Chapter_1__Term
|
[Definition] this is the period in history before written records were kept [Term]
|
Pre-history
|
[
[
"A",
"r",
"t",
"e",
"f",
"a",
"c",
"t"
],
[
"C",
"a",
"r",
"b",
"o",
"n",
" ",
"d",
"a",
"t",
"i",
"n",
"g"
],
[
"P",
"r",
"i",
"m",
"a",
"r",
"y",
" ",
"s",
"o",
"u",
"r",
"c",
"e"
],
[
"S",
"e",
"c",
"o",
"n",
"d",
"a",
"r",
"y",
" ",
"s",
"o",
"u",
"r",
"c",
"e"
],
[
"P",
"r",
"e",
"-",
"h",
"i",
"s",
"t",
"o",
"r",
"y"
],
[
"R",
"e",
"s",
"c",
"u",
"e",
"/",
"s",
"a",
"l",
"v",
"a",
"g",
"e",
" ",
"a",
"r",
"c",
"h",
"a",
"e",
"o",
"l",
"o",
"g",
"y"
],
[
"C",
"e",
"n",
"s",
"u",
"s"
],
[
"M",
"u",
"s",
"e",
"u",
"m"
],
[
"A",
"r",
"c",
"h",
"i",
"v",
"e"
]
] |
Flashcards about Chapter 1
|
Term
|
http://www.studystack.com/flashcard-1347299
|
38/1438043062723.96_20150728002422-00163-ip-10-236-191-2_732163904_3.json
|
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