click below
click below
Normal Size Small Size show me how
business 101
key terms 3.02
Term | Definition |
---|---|
benefits | an advantage or profit gained from something. |
compliance | the action or fact of complying with a wish or command. |
conceptual skills | thinking skills which let you grasp complex ideas and come up with answers for difficult problems |
controlling | determine the behavior or supervise the running of. |
data processing | a series of operations on data, especially by a computer, to retrieve, transform, or classify information. |
directing | control the operations of; manage or govern. |
first-line management | managers at the lower levels of management |
human resources | the personnel of a business or organization, especially when regarded as a significant asset. |
information management | the collection and management of information from one or more sources and the distribution of that information to one or more audiences |
information | the collection and management of information from one or more sources and the distribution of that information to one or more audiences |
interpersonal skills | the behaviors and tactics a person uses to interact with others effectively. |
management function | social process involving responsibility for economical and effective planning & regulation of operation of an enterprise |
management information system (MIS) | the study of people, technology, organizations, and the relationships among them |
material resources | are materials found in nature that can be used for practical, human purposes that are considered to have value |
mid-level management | the intermediate management level of a hierarchical organization that is subordinate to the executive management |
organizing | arrange into a structured whole; order. |
planning | the process of making plans for something. |
professional development | to continuing education and career training after a person has entered the workforce in order to help them |
proprietary information | information (whether now existing or hereafter created or acquired) developed, created, or discovered by the Company |
staffing | provide (an organization, business, etc.) with staff. |
strategic planning | process in which an organization's leaders define their vision for the future and identify their organization's goals and objectives |
tactical planning | a written outline of the specific actions you're going to take to address a problem or achieve a goal |
technical skills | the specialized knowledge and expertise required to perform specific tasks and use specific tools and programs in real world situations |
top-level management | consists of an organization's board of directors and the chief executive or managing director |
trade secret | a secret device or technique used by a company in manufacturing its products. |