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managemnt
leaving cert business
Term | Definition |
---|---|
management | refers to the ability to achieve results through people. It involves planning, organising and controlling |
managers | are the people specifically responsible for achieving the objectives set for the business |
management skills: 1. leading staff | effective managers must be able to influence people and get them to work towards the goals for the business |
2. motivating staff | must be capable of getting their staff to contribute to their best by providing suitable incentives and rewards |
3. communicating with staff | are good communicators. this means being good listeners and clear communicators |
management activities: 1. planning | managers must be capable of setting objectives for a business. It involves identifying trends, prepare plans to take advantage of opportunities |