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Chapter 7

5 Functions ETC.

TermDefinition
Management is the process of accomplishing the goals of an organization through the effective use of people and other resources.
Planning involves analyzing information, setting goals & making decisions about what needs to be done.
Organizing means identifying & arranging the work & resources needed to achieve the goals that have been set.
Staffing includes all of activities involved in obtaining, preparing, and compensating the employees of a business
VISION
VISION
MISSION Our mission: to inspire and nurture the human spirit – one person, one cup and one neighborhood at a time.(starbucks)
MISSION Serving Others For Customers A Better Life For Shareholders A Superior Return For Employees Respect and Opportunity(dollar general)
Implementing is the effort to direct and lead people to accomplish.
Controlling determines to what extent the business is accomplishing.
Management Style is the way a manager treats & involves employess
Leadership the ability to motivate indiviuals
Human Relations is the way people get along with each other
Influence enables a person to affect the actions of others
Informal Influence leadership role is not part of a formal structure
Formal Influence leadership position is part of the organization structure
Ethical Business Practices ensure that the highest standards of conduct are observed in a company
Core Values are the important principles that will guide decisions and actions in the company.
Created by: MakaylaB
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