Vocabulary
Business Management
Terms
What is Business
BONUS
100

Recruit, interview, hire, and orient the appropriate people to fill organizational roles.

What is Staffing?

100

The ability to inspire, motivate, influence, and maximize the efforts of people towards a common purpose.

Leadership Skills

100

effectively handle difficult and complex challenges.

Problem solving

100

What does leading mean?

inspiring, motivating, influencing, and maximizing the efforts of people towards a common purpose

100

Why do most people quit jobs

Because of leadership

200

The ability to care, empathize, and understand the needs of others.

Emotional Intelligence

200

The ability to quickly learn and perform certain methods.

Procedural Skills

200

Involved in vision, strategy, leadership, and big decisions, at the highest levels department levels.

Officer/Executive Level

200

•It means to recruit, interview, and hire the appropriate people to fill organizational roles.

Staffing

200

Where will most of your productive years be spent

Working

300

Planning, organizing, staffing, controlling, and leading people, processes, and assets in order to achieve a goal or task in the best way possible.

What is a Management?

300

The ability to empathize with people and understand them and their current situation, while also leading and managing them.

People Skills

300

Front line or entry level employees reports to who?

Supervisory

300

The process continuously checking and managing results against the goals.

What is Controlling?

300

An organizational structure that shows who each person reports to

Chain of Command

400

These are what a company believes, its business practices around how teammates treat one another, and how the company treats its customers.

Company Values

400

This business function focuses on assets, liabilities, equity and cash flow of an organization, financial analysis like ROI and ROE, and financial planning of future growth.

What is Finance?

400

Link between senior management and lower levels of the organization

Middle Management 

400

The process of deciding beforehand what is to be done, when it is to be done, how it is to be done, and who is going to do it

Planning

400

What is the difference between a leader and a manager?

A leader inspires/motivates someone and a manager just manages people. 

500

The shared beliefs, values, goals, attitudes, and behaviors of a company’s employees; a company culture combines employee feelings about their work with how it motivates them to serve the company’s mission.

Company Culture:

500

Business is about what?

PEOPLE!!!!!

500

This is the company’s purpose and focal point

What is the Mission

500

Which skill is mostly related to Human Resources?

Staffing

500

study showed ___% of employees have left a job because of a manager or leader.

57%