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managers

TermDefinition
Conceptual skills The ability to see the bigger picture
Controlling Controlling involves monitoring the work effort
Directing Directing involves providing guidance to workers and work projects
Financial resources Financial resources are all of the sources of money available to the business
First-line management the ones who are concerned with actually carrying out the actions and plans that the middle managers identified
Goals
Human resources The side of business that deals with people
Information the management of facts, statistics, and opinions
Interpersonal skills The ability to communicate different ideas and subjects
Management the logical process of coordinating resources, such as money and employees, to accomplish an organization’s goals
Management function groups of activities related to management, ie., planning organizing, staffing, directing, and controlling
Manager They decide how to use the business’s resources to make things happen. Managers make sure the work gets done
Material resources the management of the equipment and supplies that businesses need to produce and/or sell their products.
Mid-level management This level of management is responsible for implementing the goals set by top management. District managers, etc.
Organizing Organizing involves setting up the way the business’s work will be done
Planning Planning involves deciding what work will be done and how it will be accomplished
Resources items that can be used to produce goods and services
Staffing Managers identify the types of skills that employees need to have, and they develop ways to recruit and hire the most qualified people
Strategic planning
Strategies
Tactical planning
Technical skills The ability to understand the technical aspects of the business
Top-level management Managers at this level are responsible for the operation of the entire organization. owners, CEOs, presidents, etc.
Created by: Panou
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