Role of Management
The management process can be described as anticipating potential ______ or opportunities.
Problems
An organization's mission is formalized in its ______ statement.
Mission
Who is at the top of the standard organizational chart of business?
CEO
Leadership is the process of guiding and ____ others towards the achievement.
Motivating
_____ is using the least amount of inputs to achieve the highest amount of outputs.
Efficiency
This type of planning involves creating a long-range, broad goals for the organization.
Strategic Planning
Dividing up tasks is known as division of _____.
Labor
This ability to influence others to behave in a particular way is called _____.
Power
______ is the ability to produce a desired result.
Effectiveness
Tactical Plans have a ____ time frame.
Grouping jobs and employees is known as ____.
Departmentalization
_____ Leaders confer with subordinates before making a decision.
Consultative Leaders
What are two examples of organizing in management?
______ begins by anticipating potential problems or opportunities.
Planning
Assigning authority and responsibilities is known as _____.
Delegation
What is the term for "a policy or attitude of letting things take their own course, without interfering."
Laissez-Faire
What are the 4 parts of the management process?
Planning, Controlling, Leading, Organizing
What are the 4 types of planning?
Strategic, Tactical, Operational, Contingency
What are the 3 levels of management?
Top-Level, Middle Level, Lower-Level
What are the three types of participative leadership?
Democratic, Consultive, Consensual