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Understanding and knowing management terminology is important for managers to know in order to be a successful and well understood manager. In order for a manager to be successful, liked and well understood by his employees, the manager has to know what he is discussing and have an answer for virtually every challenge that my occur within his department. Organizational behavior is defined as the study of individuals and groups in organizations. The study of organizational behavior helps a manager better understand his employees and the different personalities within his department. There are five sources of scientific methods of organizational behavior which are, field studies, which has to do with real-life organizational settings, laboratory studies which is simulated in a controlled environment, case studies, which occurs when one particular situation is looked at in-depth , survey studies which occurs when questionnaires and interviews are done in a sample population and last is meta analyses, which is the use of statistics to pool results of different studies.
Contingency plans are always in need by managers, no manager knows the challenges one might face on day to-day situations within the business. At Centex homes contingency plans are made by all of the managers of every department within Centex. Within the accounts payable department of Centex Homes there are two check runs a month the first is on the fifteenth of the month and the second is on the last day of the month. At Centex are lien releases are required from all are vendors in order to process payment to them. If a vendor is reluctant to send a release before the check run then they will not get a check sent out to them. Centex Homes work ...