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Management
Management and Leadership
Term | Definition |
---|---|
Management | the process of accomplishing the goals of an oganizaton through the effective use of people and other resources. |
Planning | involves analyzing information, setting goals, and making decisions about what needs to be done. |
Organizing | means identifying and arranging the work and resources needed to achieve the goals that have been set. |
Staffing | includes all of the activities invoved in obtaining, preparing, and compensating the employees of a business |
Implementing | is the effort to direct and lead people to accomplish the planned work of the organization |
Controlling | determines to what extent the business is accomplishing the goals it set out to reach in the planning stage |
Management Styles | is the way a manager treats and involves employees |
Leadership | is the ability to motivate individuals and groups to accomplish important goals |
Human Relations | is the way people get along with each other |
Influence | enables a person to affect the actions of others |
Informal influence | a leadership role that is not part of a formal structure |
Formal influence | a leadership role that is part of the organization's structure |
Ethical Business Practices | ensures that the highest standards of coduct are observed in a company's relationships with everyone who is part of the business or is affected by the business' activities |
Core Values | the important principles that will guide decisions and actions in the company |