What is a goal?
a goal is something to be achieved in a specific period of time
What is an outline of the actions needed to accomplish a goal?
A plan
How long is a long-term goal?
Back up plans are also called what?
Contingency plans
Policies and procedures create what?
Consistency
Management is the process of doing what?
controlling and making decisions about a business
How many business principles are there?
5
What are the levels of management?
First-line management, middle management, top management
What is the difference between an organization chart and an organizational chart?
An organization chart is a diagram that shows the structure of an organization while a organizational chart is a diagram that shows how each employee position interacts with each other
What are the five functions of management?
Controlling, leading, staffing, planning, organizing