Management

Line Authority: Authority Exercised Over Line Personnel in an Organization
Line authority is the direct supervisory authority conferred to managers over their subordinates within an organization. This type of authority ensures operational effectiveness and adherence to organizational objectives.
Line Function: Direct Contribution to Organizational Output
Line Functions are activities directly contributing to an organization's output. In service organizations, these functions often include operations and sales.
Line Management: Administration of Line Functions Within an Organization
A comprehensive guide to Line Management, its roles, its distinctions from other forms of management, historical context, applicability, related terms, frequently asked questions, and more.
Line Organization: An Overview
Comprehensive definition and details about Line Organization, explaining its structure, types, special considerations, historical context, and applicability in modern businesses.
Lockout: A Strategic Management Action in Labor Disputes
Lockout is a management action that prevents employees from performing their work until a labor settlement is reached. It involves physically barring employees from entering the workplace.
Long-Range Planning: Planning Beyond Five Years
Detailed exploration of long-range planning, which involves planning beyond five years, accounting for the future as a consequence of present, short-range, and intermediate-range events.
Loose Rein Management: Encouraging Individual Creativity
An explanation of Loose Rein Management, a relaxed supervisory style where individual creativity and contributions are encouraged.
Loss Reduction Management Methods: Minimizing the Impact of Losses
An in-depth look into loss reduction management methods, their importance, and practical applications in limiting the extent of losses through compliance, safety procedures, and public relations.
Maintenance: Necessary Care and Management of Equipment and Operations
Long Description of Maintenance: The essential practice of preserving equipment and operational systems through systematic checks and repairs to prevent breakdowns and ensure optimal performance.
Make-Work: Uneconomic Utilization of Workforce
Make-Work refers to the practice of employing workers in jobs that have little to no economic value, primarily to create employment opportunities.
Man-Hour: Unit of Labor or Productivity
A comprehensive overview of the man-hour, a unit of labor or productivity that measures the work one person can produce in one hour's time. Understand its applications, calculations, and significance in project management.
Management: Combining Policy and Administration for Organizational Success
Management involves the combined fields of policy and administration, encompassing the decisions and supervision necessary to implement business objectives, ensure stability, and drive growth. It extends to key individuals in an organization, particularly top management, responsible for critical decisions.
Management Assessment and Performance (MAP) Simulation: A Key Technique in Management Development Training
The Management Assessment and Performance (MAP) Simulation is a technique that enables group members to define their task groups by choosing the most appropriate people for specific tasks, optimizing team dynamics, and enhancing management development training.
Management by Crisis: Short-Sighted Policy in Administration
Management by Crisis refers to a reactive method of administration where strategies are formulated as events occur. This often leads to organizational confusion due to its shortsighted nature.
Management by Exception: A Critical Administrative Policy
Management by Exception (MbE) is an administrative policy focusing on addressing only those events that deviate from established standards, optimizing managerial efficiency and effectiveness.
Management by Walking Around (MBWA): Effective Management Technique
An insightful overview of Management by Walking Around (MBWA), a management method emphasizing interpersonal contact and real-time understanding of operational developments in an organization.
Management Consultant: Professional Advisory Role
A detailed exploration into the role of a management consultant who assists organizations in analyzing and resolving management problems through professional advisories and practical recommendations.
Management Game: Simulation Exercise for Management Training
A comprehensive exploration of management games as simulation exercises designed for management training purposes, incorporating both group and individual exercises, with increasing use of computer applications.
Management Guide: Comprehensive Organizational Policy Manual
A management guide is a detailed manual or collection of organizational policies that provide guidance to managers on resolving specific situations. These guides outline policies to ensure consistent and effective management practices.
Management Information System (MIS): Streamlined Organizational Decision-Making
A comprehensive guide to understanding Management Information Systems (MIS), including their role in supporting organizational control, operations, and planning through a well-developed data management system.
Management Ratio: An Overview
Understanding the Management Ratio, its significance, and its breakdown into top and middle management personnel metrics per 1,000 employees.
Management Science: The Quantitative Approach to Decision Making
An in-depth exploration of Management Science, emphasizing the use of mathematics and statistics in resolving production and operations problems, and providing a quantitative basis for managerial decisions.
Manager: Administration and Direction of Organizational Activities
A manager is a person charged with the responsibility of administering and directing an organization's activities, ensuring the achievement of set goals and objectives.
Managerial Integrator: Coordinator of Functional Departments
A managerial integrator is a staff manager responsible for coordinating the activities and functions of various departments to achieve maximum cooperation and productivity, without having direct operational responsibilities.
Mandatory Subject: Essential Topics in Collective Bargaining
A comprehensive look at mandatory subjects in collective bargaining such as hours, medical benefits, pensions, and wages, and their implications when one party refuses to negotiate.
Manufacturing Inventory: An Essential Asset for Production
Manufacturing Inventory encompasses the parts or materials on hand, needed for the manufacturing process. Adjusting manufacturing inventory to current production needs is a critical management responsibility to ensure efficient production and minimize costs.
Matrix Organization: Definition and Overview
Matrix Organization - A management approach that integrates functional and project-based team structures, enabling greater flexibility and resource utilization in organizations.
Mentor: Experienced Guide and Advisor
An experienced manager or employee who guides and advises new employees and managers about the dynamics of an organization and its procedures.
Merchandise Control: Process of Collecting and Evaluating Retail Data
Comprehensive overview of Merchandise Control, detailing the process of data collection and evaluation in retail, including sales, costs, shrinkage, profits, and turnover.
Merchandising Director: Key Role and Responsibilities
The individual responsible for directing the merchandise sales effort for a manufacturer, retailer, wholesaler, distributor, dealer, or advertising agency.
Middle Management: Essential Roles and Responsibilities
Middle management plays a vital role in organizations by acting as a bridge between top management and operational staff. Learn about the responsibilities, types, historical context, and importance of middle managers in this comprehensive entry.
Mismanagement: Poorly Managed Activities in an Organization
Mismanagement refers to the failure in achieving organizational goals due to poorly managed activities, excessive wastefulness, and inadequately directed administrative procedures.
Motion Study: Process of Analyzing Work for Cost-Efficiency
Motion study involves analyzing work to determine the most cost-efficient motions for performing tasks, developed principally by Frederick W. Taylor and Frank and Lillian Gilbreth.
Multiple-Management Plan: Integrating Top, Middle, and Lower Management
An in-depth look into Multiple-Management Plans, their structure, benefits, and processes for integrating top, middle, and lower-level managers in corporate planning and administration.
Negotiation: Process of Bargaining that Precedes an Agreement
An in-depth look into the negotiation process, its types, applicability, and related terms such as contracts, arbitration, and mediation.
NLA: Net Leasable Area
Net Leasable Area (NLA) refers to the portion of a commercial property that is available for tenant use, typically measured in square feet or meters, excluding common areas.
Nonproductive: Understanding Inefficiency in Efforts and Investments
A comprehensive analysis of nonproductive activities and elements that do not contribute to the production of desired goods or outcomes. It covers the definitions, types, special considerations, examples, historical context, applicability, comparisons, related terms, frequently asked questions, and more.
One Minute Manager: Simplified Management for Quick Results
An exploration of the 'One Minute Manager' by Kenneth Blanchard and Spencer Johnson, which simplifies management issues into short, actionable practices such as one-minute praise and reprimand.
Operational Control: Power of Management Over Daily Activities
A comprehensive overview of the power of management over the daily activities of a business, including types, examples, historical context, and related terms.
Operational Objectives: Short-Term Organizational Goals
Operational objectives are short-term organizational goals necessary to achieve longer-term tactical and strategic goals, usually managed by supervisory personnel concerned with immediate results.
Organization Development: Planned and Systematic Process
A detailed overview on Organization Development, its principles, practices, and its role in improving organizational functioning. Includes definitions, examples, historical context, and FAQs.
Organization Man, Organization Woman: Conformity within Organizations
An in-depth exploration of individuals whose behaviors and lifestyles rigidly align with the social mores of their organizations, stemming from William F. Whyte's seminal work, 'The Organization Man.'
Organization Structure: Roles and Responsibilities Functioning to Accomplish Objectives
A comprehensive look at the arrangement of roles and responsibilities within an organization, explaining how different parts work together to achieve predetermined objectives.
Organizational Behavior: Understanding Human Behavior in Organizations
The academic study focused on human behavior in organizational settings, encompassing motivation, group dynamics, leadership, organization structure, decision making, careers, conflict resolution, and organizational development.
Organizational Chart: Interrelationships and Structures
A comprehensive guide on organizational charts, explaining their patterns and structures used to depict the interrelationships of positions within an organization in terms of authority and responsibility.
Organizational Planning: Process of Transforming Organizational Objectives
Organizational Planning is the process of transforming organizational objectives into specific management strategies and tactics designed to achieve the objectives. It is one of the most important management responsibilities.
Organizational Structure: Apportionment of Responsibility and Authority
Organizational Structure refers to the apportionment of responsibility and authority among the members of an organization. Functional Organization, Matrix Organization, and Line Organization are three common types of organizational structure.
Outsourcing: Having A Service or Product Supplied or Manufactured By Another
Outsourcing entails delegating specific tasks, services, or product manufacturing to external entities such as manufacturers, merchant wholesalers, agents, or brokers. This practice is a strategic approach in business management aimed at improving efficiency and reducing costs.
Overbooked Condition: Business Reservations
An analysis of the overbooked condition in businesses like hotels and airlines, where more reservations are accepted than available accommodations.
Overrun: Production Beyond the Production Limits
Overrun refers to production beyond the established limits, often due to estimating errors, reductions in order sizes, or attempts to utilize excess materials.
Participative Management: An Open Decision-Making Approach
Participative management is an open form of management where employees play a strong decision-making role, fostering productivity, quality, and cost efficiency.
Pattern Bargaining: Collective Bargaining Basis
Pattern Bargaining involves individual employee unions and employers reaching negotiated agreements based on a collective bargaining settlement developed elsewhere. It can be national, regional, strong, or weak, affecting the uniformity of agreements.
Pay for Performance: Incentive-based Salary Scheme
A salary scheme where employees accept a lower base pay in exchange for bonuses that are contingent upon meeting production or other organizational goals.
People Intensive: A Focus on Human Labor
A comprehensive definition and exploration of people-intensive processes that require significant human participation, such as those in healthcare organizations.
Per Diem: Daily Allowance Explanation
A comprehensive explanation of Per Diem, its applications, types, and significance in business and employee compensation.
PERK: See PERQUISITE
An overview explaining the concept of 'Perk' which redirects to 'Perquisite'.
Personal Data Sheet: Comprehensive Overview
A detailed exploration of the Personal Data Sheet, including its purpose, structure, applications, and considerations for both organizations and individuals.
Personnel: Integral Workforce of an Organization
Detailed exploration of personnel, who compose an organization's workforce, focusing on their roles, importance, management, and historical context.
Personnel Department: Key Organizational Unit
An overview of the Personnel Department, now commonly known as the Human Resources (HR) Department, responsible for personnel administration within organizations.
Peter Principle: Understanding Career Advancement and Incompetence
The Peter Principle is a theory which suggests that employees in a hierarchical organization rise to their level of incompetence. Originating from Laurence J. Peter's book, it provides crucial insights into organizational dynamics.
Physical Life: Expected Period of Physical Existence for an Asset
Physical Life refers to the expected period of time for an asset, such as real estate improvement, to exist physically. It differs from Useful Life, which considers functional utility.
PIM: Personal Information Manager
A Personal Information Manager (PIM) is a software application dedicated to managing an individual's personal information, such as contacts, appointments, reminders, and tasks.
Plan B: Alternative Plan for Unforeseen Circumstances
Plan B refers to an alternative plan or strategy implemented if the primary plan fails. It involves having a backup plan to ensure objectives can still be met even under adverse conditions.
Planning: Organizing a Sequence of Actions to Meet Objectives
Planning is the function of organizing a sequence of predetermined actions to complete future organizational objectives, one of the primary management functions.
Policy: Comprehensive Coverage of its Different Aspects
A detailed exploration of the term 'Policy,' covering its management and insurance contexts, types, historical context, and applicability.

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