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Manage This
Managerial This
Term | Definition |
---|---|
Conceptual skills: | The abilty to see the 'big picture' and think about how things will work together |
Controlling: | The management funvtion that monitors the work effort |
Directing: | The management function of providing guidance to workers and work projects |
Executive management: | Top-level mamagement |
Financial resources: | All the sources of money available to a business |
Firts-line management: | Supervisors who work directly with the employees who carry out the business's routine work |
Goals: | Objectives |
Human resources: | People who work to produce goods or services |
Information: | Knowledge, facts, or data |
Interpersonal skills | The ability to comunicate, interact, and build relationships with others |
Management: | The process of coordinating resources to accomplish an organization's goals |
Management function: | Groups of activities realeted to management (i, e., planning, organizing, staffing, directing, and controlling) |
Manager: | Individual whose job involves carrying out management functions |
Material resources: | Equipment and supplies used by business in their operation |
Mid-level management: | Managers who report to top-level management and who have supervisors who report to them |
Middle management: | Mid-level management |
Organizing: | The management function of setting up the way the business's work will be done |
Planning: | The management function of deciding what will be done and how it will be accomplishid |
Resources: | Items that can be used to produce goods and services |
Staffing: | The management function of finding workers for the busines |
Strategic planning: | Long-range planning (three to five years) for the company as a whole |
Strategies: | Plans of action for achieving goals and objectives |
Supervisory management: | First-line management |
Tactical planning: | Short-range planning (one year) of specific actions the business will take |
Technical skills: | Ability to understand the specialized aspects of jobs |
Top-level management: | All managers who are responsible for the operation of the company or a business unit |