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    Principles of Management Study Guide

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    I do not need long explanations. The shorter the better.

    Example would be:

    What is the "Scanlon" plan? A gainsharing plan designed to link employee rewards to the firms performance.

    1. What are the levels of management
    2. What is the Scanlon plan
    3. Define communication skills
    4. Difference between decision making and problem solving
    5. How do organization efforts help social responsibilities
    6. What is strategic planning
    7. Phases of strategic management process
    8. What is unity of command principle
    9. Difference between inside and outside board of directors
    10. How to build productive teams
    11. Types of employment interviews
    12. (5) methods of training
    13. Methods of management development
    14. What is scientific management
    15. What is the equity theory
    16. What is the hierarchy means of approach
    17. What are the major components of job satisfaction
    18. What is the managerial grid
    19. What are leadership theories
    20. What are the stages of conflict
    21. What are the categories of change and how do they apply to the organization
    22. What is the Lewin's model for change
    23. (10) methods of performance appraisals
    24. Performance appraisal errors
    25. Define job method
    26. (2) Basic operating methods
    27. Categories of cost that concern management
    28. What is six sigma
    29. What is Reengineering
    30. What is the definition of fixed and variable overhead

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    Solution Preview

    Principles of Management:

    1. The levels of management refer to a line of demarcation between various positions of management in an organization. These levels are the top level, middle level and low level (Management study guide, n.d).

    2. A Scanlon plan is a cost-saving productivity-incentive plan in which any saving that is computed per unit of output is compared with a standard labor cost that is agreed upon and is shared equally between the firm and workers (Business dictionary, 2011).

    3. Communication skills are the techniques and art of persuasion through the use of written and oral language (Definition of communication skills, n.d).

    4. Decision making is the process of action plan whereas problem solving involves looking at the potential causes of the problem (Olivia, 2011).

    5. Organizations acknowledge social responsibility by exercising social responsibility toward general social welfare, toward the natural environment and their stakeholders by striving diligently to meet each of them (Griffin, 2008).

    6. Strategic planning is a management tool that helps an organization to assess and adjust the organization' direction in response to a changing environment, ensures that members of the organization are working towards the same goals and also helps an organization focus its strategies (Alliance for non-profit management, n.d).

    7. There are four phases of strategic management process which are defining the vision, broad objectives, purpose and business mission. The others are formulating of strategies, implementation of strategies and evaluation of strategies (Bhasin, 2010).

    8. Unity of command principle is a principle that an employee should have only one supervisor to whom he or she is responsible (concepts of organizing, n.d).

    9. The inside board of directors have a tie to the organization whereas the outside directors are independent from the organization (Sims, 2003).

    10. A productive team can be built by considering team members' ideas as valuable, establishing ground rules for your team, gaining commitment to the objectives and setting realistic expectations (Building a productive and collaborative team, n.d).

    11. There are two types of employment interviews which are the screening and the call-back interviews (Employment interviews, 2008).

    12. The five methods f training are on-the-job training, skill lesson, discussion, computer based training and lecture (Principles and methods of training, n.d).

    13. The methods of management development are behavioral and cognitive methods (Methods of training and development, n.d).

    14. Scientific management is an early 20th century school of management thought that is primarily concerned with the physical efficiency of an individual worker (Business dictionary, n.d).

    15. Equity theory is the concept that people derive motivation and job satisfaction by comparing their outputs and inputs with those of other ...

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