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Chpt. 7 Managment
Question | Answer |
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Management | The process of achieving company goals by planning, organizing, directing, controlling. and evaluating the effective use of resorces |
Planning | The planning act or process of creating goal and objectives as well as the stratigies to meet those goals and objectives |
Organizing | Getting resources arranged in an orderly and functions way to accomplish goals and objectives. |
Organizational chart | A chart that shows how to firm is structured and who is in charge of whom |
Top-level manager | Managers who are responsible for setting goals and planning for the future as well as leading and controlling the of others |
Middle manager | Managers who carry out the decisions of top managment |
operational manager | Managers who are responsible for the daily operations of a business |
Leading | Providing direction and vision |
Controling | Keeping the company on track and making sure goals are met |