Functions of Management
Analyzing information and making decisions about what needs to be done
What is Planning?
Directed at organizational improvement through understanding employee motivation and behavior
What is Behavior Management?
An organization that produces or distributes a good/service for profit
What is Business?
Area of study that relates to producing and using goods/services that satisfy human wants
What is Economics?
Is Mr. Sands part of the labor force?
What is yes?
Determine how plans can be accomplished most effectively and arrange the resources to complete work
What is Organizing?
Identifies the most effective practices for organizing and managing a business
What is Administrative Management?
Making the right decisions about what products/services to offer customers and the best way to produce and deliver them
What is Effectiveness?
Includes the activities between businesses and customers involved in buying and selling goods/services
What is Marketing?
The possibility of failure
What is risk?
Evaluate results to determine if the goals have been accomplished
What is controlling?
Studies the way work is organized and the procedures used to complete a job in order to increase worker productivity
What is Classical Management?
Producing products/services quickly, at low cost, without wasting time and materials
What is Efficiency?
The four basic resources used in creating goods/services; Land, Labor, Capital goods, Entrepreneurship
What are Factors of Production?
The duty of a business to contribute to the well being of society
What is Social Responsibility?
Finding individuals with the rights skills to do work
What is staffing?
Process of accomplishing the goals of an organization through the effective use of people and resources
What is Management?
The special capabilities of a company that allow it to create a product/service that is measurably better than its competition
What is Competitive Advantage?
A commitment to excellence that is accomplished by teamwork and continual improvement of work procedures and products
What is TQM?
Standards of moral conduct that individuals and groups set for themselves, defining what behavior they value as right or wrong
What is Ethics?
Working with employees to ensure they are motivated and have the resources they need to carry out plans and get work done
What is leadering?
What is at the end of everything?
What is the letter G?
The more there is, the less you see. What is it?
What is fog?
When is 1500 plus 20 and 1600 minus 40 the same thing?
What is when it is military time?
What has one eye, but can't see?
What is a needle?