Penn Foster Principles of Management Final Exam Essay

1. In order to implement an agreements fealty to social responsibility it is necessary to identify what social problem the organization intends to address, develop policies on what the organization plans to do to successfully fulfill its responsibility and ensure stakeholder buy-in. The main obstacles an organization faces when implementing socially responsible policies is pressure from stockholders and byplay analysis who want steady change over magnitude in earnings. Without steady increase in profits, it becomes difficult to reinvest money in these beas. The following follow throughs can be taken toward increased social responsibility1. Examine expectations and past responses2. dress out objectives and prioritize3. Plan and implement strategies4. Set budgets for resources ingested for social action5. Monitor progress2. Departmentalization is the practice in which grouping or cartel jobs that are related to form a specialized area that is distinct from other areas in a n organization.Work or functional departmentalization is a system of separating the activities performed within an organization into groups by the nature or function of the manoeuvre they perform. For example, functional departmentalization would tend to group together lag outgrowths that perform a specialized function in an organization, like accounting.Product departmentalization is the grouping of melodic phrase activities that are necessary to produce a particular product and/or market a product or service define chthonic the direction of one manager. An example of product departmentalization would be a hulky multiproduct organization like an automotive distributor.Geographic departmentalization is when organizations are physically stray to geographical regions. An example of geographical departmentalization is a manufacturing company that has locations in northerly and Southern locations that deal with consumers within their region.Customer departmentalization is when an organization is divided into units that hairgrip specific customer needs. Examples of customer departmentalization in a manufacturing plant are Assembly, shipping, billing, etc.3. The acronym SWOT stands for an organizations strengths, weaknesses, opportunities and threats. A SWOT analysis is strategic homework method that evaluates the internal and external performance of an organization to see if its favorable or unfavorable to achieve whatever objective you are set out to accomplish. Strengths and weaknesses usually arise from the internal aspect of an organization, whereas opportunities and threats recrudesce from external components. By performing a SWOT analysis it provides info to managers to help formulate a successful strategy to achieve goals. pop out B1. Six Sigma is a management philosophy that sets objectives, collects data and analyzes results as a way to remove wasted expenses from its processes and help reduce the do of defective products produced. Six Sigma uses quality measures to strive for near perfection by eliminating errors and variables. 2. The balance of trade is the point where the difference between exports and imports is favorable for the surface area. When the country imports more than than it exports, it results in a trade deficit and when the country exports more than it imports, the country runs into a trade surplus. The balance of trade for a countries miserliness is a very fine balance. The economic condition can change and a deficit or surplus may be an exemplar situation. 3. In the context of communication, cognition is based on the individual that is on the receiving end of the training. Perception is a process in which stimulation of the senses, whether written, vocal or non-verbal, is translated into a meaningful experience. Each person perceives the same information differently and they tend to only listens to part of the message before perception distorts the intended message.4. The term organizational de centralization refers to the increased amount of endorsement given to lower train management by upper level management. By allowing lower level management to be involved in decision making, it enables actions to happen in a timelier manner and promotes higher employee morale, as well as relieves upper management from time consuming projects. 5. Simons theory, principle of bounded rationality as it applies to satisficing can be summarized as a decision making strategy that selects the best alternative rather than continuing to search for the optimal solution to any given situation. 6. In relations to leadership, consideration and initiating structure both contribute positively to staff motivation and satisfaction, as well as, effectiveness.7. Positive reinforcement is to add a positive outcome as a result of a craved conduct. Negative reinforcement is to give the person the opportunity to avoid a negative consequence by increasing the likelihood that the desire behavior will reoc cur. Both are used to increase the frequency of the desired behavior. 8. Planning The manager sets objectives and decided what needs to be done to witness those goals. Organizing The manager divides work into manageable activities and selects people to accomplish the task that need to be done. Staffing The manager determines how many and what kind of staff is needed to accomplish the organizations goals and then recruits and trains the appropriate people. Leading The manager motivates and communicates with staff and also directs them towards coming together the organizational goals. Controlling The manager measures and analyzes the organizations performance, and makes changes if financial standards are not beingness met.9. A manager would use the critical-incident appraisal method for assessing employees written genius of both satisfactory and unsatisfactory work performances. Performance is documented as it occurs and can aid in preparing performance evaluations to identi fy strengths and areas that need improvement. 10. radical norm is an informal set of rules a group takes on to bewilder group behavior, whereas group cohesiveness is the overall attraction each member has for the group. collection norm example Employees that work on assembly line 1 at the local factory always sit at the same lunch table and dont interact with others. Group cohesiveness example Employees on assembly line 2 seduce beaten the monthly production record for the 10th month in a row.