Management Chapters 1-8
Artificial intelligence - ANS The ability of a computer system to perform tasks that normally
require human intelligence
Attitude - ANS Pre-existing liking for something
Big Data - ANS Stores of data so vast that conventional database management systems
cannot handle them
Career readiness - ANS Represents the extent to which you possess the knowledge, skills, and
attributes desired by employers
Cloud Computing - ANS The storing of software and data on gigantic collections of computers
located away from a company's principal site
Collaborative Computing - ANS Using state-of-the-art computer software and hardware, to help
people work better together
Competitive Advantage - ANS The ability of an organization to produce goods or services more
effectively than competitors do, thereby outperforming them
Conceptual Skills - ANS Skills that consist of the ability to think analytically, to visualize an
organization as a whole and understand how the parts work together
Controlling - ANS Monitoring performance, comparing it with goals, and taking corrective action
as needed
Core Competencies - ANS Competencies that are vital across jobs, occupations, and industries
Databases - ANS Computerized collections of interrelated files
Decisional Roles - ANS Managers use information to make decisions to solve problems or take
advantage of opportunities. The four decision-making roles are entrepreneur, disturbance
handler, resource allocator, and negotiator
E-Business - ANS Using the Internet to facilitate every aspect of running a business (think of
electronic business)
E-commerce - ANS The buying and selling of goods via internet
, Effective - ANS To achieve results, to make the right decisions, and to successfully carry them
out so that they achieve the organization's goals
Efficient - ANS To use resources-people, money raw materials, and the like-wisely and cost
effectively
First-line managers - ANS One of four managerial levels; they make short-term operating
decisions, directing the daily tasks of non managerial personnel
Four Management Functions - ANS The management process that "gets things done":
planning, organizing, leading, and controlling
Functional Manager - ANS Manager who is responsible for just one organizational activity
General Manager (GM) - ANS Someone who runs a companies branch and oversees most of
the responsibilities of the organization
Human Skills - ANS Skills that consist of the ability to work well in cooperation with other people
to get things done
Information technology application skills - ANS The extent to which you can effectively use
information technology and learn new applications on an ongoing basis
Informational Roles - ANS Managers as monitors, disseminators, and spokespersons
Innovation - ANS Introduction of something new or better, as in goods or services See also
Organizational change
Interpersonal Roles - ANS Of the three types of managerial roles, the roles in which managers
interact with people inside and outside their work units. The three interpersonal roles include
figurehead, leader, and liaison activities
Knowledge Management - ANS Implementation of systems and practices to increase the
sharing of knowledge and information throughout an organization
Leading - ANS Motivating, directing, and otherwise influencing people to work hard to achieve
the organization's goals
Management - ANS The pursuit of organizational goals efficiently and effectively by integrating
the work of people through planning, organizing, leading, and controlling the organization's
resources
Meaningfulness - ANS Is characterized by a sense of being part of something you believe is
bigger than yourself
Artificial intelligence - ANS The ability of a computer system to perform tasks that normally
require human intelligence
Attitude - ANS Pre-existing liking for something
Big Data - ANS Stores of data so vast that conventional database management systems
cannot handle them
Career readiness - ANS Represents the extent to which you possess the knowledge, skills, and
attributes desired by employers
Cloud Computing - ANS The storing of software and data on gigantic collections of computers
located away from a company's principal site
Collaborative Computing - ANS Using state-of-the-art computer software and hardware, to help
people work better together
Competitive Advantage - ANS The ability of an organization to produce goods or services more
effectively than competitors do, thereby outperforming them
Conceptual Skills - ANS Skills that consist of the ability to think analytically, to visualize an
organization as a whole and understand how the parts work together
Controlling - ANS Monitoring performance, comparing it with goals, and taking corrective action
as needed
Core Competencies - ANS Competencies that are vital across jobs, occupations, and industries
Databases - ANS Computerized collections of interrelated files
Decisional Roles - ANS Managers use information to make decisions to solve problems or take
advantage of opportunities. The four decision-making roles are entrepreneur, disturbance
handler, resource allocator, and negotiator
E-Business - ANS Using the Internet to facilitate every aspect of running a business (think of
electronic business)
E-commerce - ANS The buying and selling of goods via internet
, Effective - ANS To achieve results, to make the right decisions, and to successfully carry them
out so that they achieve the organization's goals
Efficient - ANS To use resources-people, money raw materials, and the like-wisely and cost
effectively
First-line managers - ANS One of four managerial levels; they make short-term operating
decisions, directing the daily tasks of non managerial personnel
Four Management Functions - ANS The management process that "gets things done":
planning, organizing, leading, and controlling
Functional Manager - ANS Manager who is responsible for just one organizational activity
General Manager (GM) - ANS Someone who runs a companies branch and oversees most of
the responsibilities of the organization
Human Skills - ANS Skills that consist of the ability to work well in cooperation with other people
to get things done
Information technology application skills - ANS The extent to which you can effectively use
information technology and learn new applications on an ongoing basis
Informational Roles - ANS Managers as monitors, disseminators, and spokespersons
Innovation - ANS Introduction of something new or better, as in goods or services See also
Organizational change
Interpersonal Roles - ANS Of the three types of managerial roles, the roles in which managers
interact with people inside and outside their work units. The three interpersonal roles include
figurehead, leader, and liaison activities
Knowledge Management - ANS Implementation of systems and practices to increase the
sharing of knowledge and information throughout an organization
Leading - ANS Motivating, directing, and otherwise influencing people to work hard to achieve
the organization's goals
Management - ANS The pursuit of organizational goals efficiently and effectively by integrating
the work of people through planning, organizing, leading, and controlling the organization's
resources
Meaningfulness - ANS Is characterized by a sense of being part of something you believe is
bigger than yourself
