What is deciding how to use the business’s resources to make things happen and make sure the work gets done.
100
types of rewards for employees
What is
-Bonuses
-Pay raises
-Promotions
200
definition of management
What is the logical process of coordinating resources, such as money and employees, in order
to accomplish an organization’s goals
200
skills needed by managers
What is technical skills, interpersonal skills, and conceptual skills
300
Levels of management include
What is
1. Top-level, or executive, management
2. Mid-level, or middle, management
3. First-line, or supervisory, management
300
What do managers manage?
What is
*Human resources: Employees
*Financial resources: Money
*Material resources: Equipment
and supplies
*Information: Facts, statistics,
and opinions
500
5 management functions
What is
1.Planning
2.Organizing
3.Staffing
4.Directing
5.Controlling
500
Examples of top managers
What is
1. Owners 4. Chief financial officers
2. Chief executive officers 5. Vice presidents
3. Presidents 6. General managers
500
staffing includes
What is
1.Identifying the types of skills that employees need to have
2. Developing ways to recruit and hire the most qualified people
3. Assigning new employees to specific work areas
4. Determining compensation for workers
5. Deciding what skills will be needed in the future
a. Managers must consider what training should be