Nature of Management
What is interpersonal skills
Money a business makes (after expenses of course)
What are profits
Kim Jon-un is this type of leader
What is interdependence
People that are hired to offer advice for managers
What are management consultants
Ability to read a person through body language
What is non-verbal communication
What is share price
A pyramid to represent the structure of a business
What is a hierarchy
Key business function about making the good and/or service
What is operations
Aspects of the business that can be controlled
What are internal influences
Ability to see what is needed in the future interests of a business
What is vision
Being motivated by money
What is extrinsic motivation
The leadership style that focuses on team work
What is the participative/democratic approach
Key business function about selling the good and/or service
What is marketing
What are external influences
The ability for a manager to think ahead and make good decisions
What are strategic thinking skills
A person who shows a new employee how to do their job
What is a mentor
What is the classical approach
What is human resources
When employees find it difficult to adapt to change
What is resistance to change
Ability to change when needed
What is flexibility
The portion of a market controlled by a particular company or product.
What is market share
This management approach requires leaders to adapt to changing circumstances
What is the contingency approach
Financial statement - ALOE
What is the balance sheet
AKA a cause for change
What is a driving force