Staff Meetings
Economic Systems
Management
Vocabulary
More Vocabulary
100

The notes from the meeting usually taken by the secretary.

Minutes 

100

Based on private or corporate ownership of capital?

Capatalism

100

The highest level of management

Executive 

100

This diagram shows the chain of command in an organization.

Organizational Chart

100

Bob noticed him employee failed to drain the grease properly then shows him the proper way to do this, Which function of management is this?

Controlling

200

How often should staff meeting be help

Once a month

200

An economy where the government owns all capital, tools, and production equipment?

Command Economy

200

This level of management that deals with the employees and the customers on a regular basis

Supervisory

200
An organizational chart for a large company with many levels of management is called

Verticle 

200

Competition drives cost down and quality up. T/F

True

300

The schedule of what will happen in the meeting and when it will happen

Agenda
300

Limited government involvement and competition are characteristic of this economy.

Capitalist

300

This level of management sets the goals for the employees

Executive
300

An organizational chart for a small company with a few levels of management is called

Horizontal 

300
The department is responsible for the hiring and firing of employees

Human Resource Department

400

What is the purpose of the staff meeting

Communicate information to employees

400

When one business controls the entire market.  This is not a characteristic of a capitalist economy

Monopoly 

400

What level of management is the regional manager of Walmart? 

Middle

400

People who start a business and must make important decisions are called?

Entrepreneurs

400

Competition is what type of risk?

Economic
500

Who usually leads the staff meeting?  The employees of the manager?

Manager

500

The freedom to start your own business.

Free Market

500

This level of management is usually responsible for making employee schedules.

Supervisory

500

Employee theft is an example of this type of risk

Human

500

What does OOH stand for?

Occupational Outlook Handbook