Management
Vocab
Structures
Chapter 7
Functions
100
Creating a vision is one of the main goals of this
What is management.
100
Presidents, VP's and CEO's
What are top-level managers
100
this type of structure invovles responsibility divided among specific units or departments
What is departmentalization.
100
True or False - only large corporations need a management plan.
What is False
100
managers carry out ____#____ functions
What is 4.
200
managers may give pay raises, promotions, or offer bonus options to employees. what are these called?
What are incentives.
200
plant managers, regional managers, and department heads
What are middle managers.
200
this type of structure puts authority in one place, with top management.
What is centralized organization.
200
True or False - every aspect of business has to be managed, from setting goals to meeting them.
What is True.
200
this function involves top level management deciding how the company should perform.
What is planning.
300
this type of chart defines who is in charge of whom.
What is an organizational chart.
300
managers who are responsible for the daily functioning of the business.
What are operational managers.
300
this organizational structure shows that a manager is at the top and in charge of those beneath them.
What is line authority.
300
having more authority can be a ___________ of being a manager.
What is advantage.
300
this function assigns managers to different tasks.
What is organizing.
400
For managers, __________ is an important part of communicating.
What is listening.
400
a job suitable for a worker who is new to a job, field or subject.
What is an entry-level job.
400
this type of structure is found in small businesses that do not have many employees. usually one or two people are in charge of everything.
What is informal.
400
give one disadvantage of being a manager
What is blame when things go wrong, mistakes are costly, pressure to do things right, relationships with others change, criticism.
400
this function involves training and motivating employees.
What is leading.
500
Good planning requires setting realistic ________.
What is goals.
500
when authority lies in one place
What is centralized organization.
500
this type of structure gives authority to a number of different managers to run their own departments.
What is decentralized organization.
500
departments can be organized in 3 different ways. which of the following would be an example: a. make, model, price b. function, product, location c. product, place, item
What is B.
500
this function involves making sure deadlines and budgets are being met.
What is controlling.