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302 Manage This
Objective 302
Term | Definition |
---|---|
Conceptual Skills | The ability to se the "big picture" and think about how things will work together. |
Controlling | The management function that monitors the work effort |
Directing | The management function of providing guidance to workers and work projects |
Executive management | Top-level management |
Financial resources | All the sources of money available to a business |
First-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 o communicate, interact, and build relationships with others |
Management | The process of coordinating resources to accomplish an organization's goals |
Management function | Groups of activities related to management |
Manager | Individual whose job involves carrying out management functions |
Material resources | Equipment and supplies used by businesses 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' work will be done |
Planning | The management function of deciding what will be done and how it will be done |
Resources | Items that can be used to produce goods and services |
Staffing | The management function of finding workers for the business |
Strategic planning | Long-range planning for the company as a whole(3-5 yrs.) |
Strategies | Plans of action for achieving goals and objectives |
Supervisory management | First-line management |
Tactical planning | Short-range planning of specific actions the business will take |
Technical skills | Ability to understand the specialized aspects of jobs |
Top-level management | All mangers who are responsible for the operation of the company or business unit |