Manage This
Another word for objectives
Goals
management function that monitors the work effort
Controlling
Ability to understand the specialized aspects of jobs
Technical Skills
All the sources of money available to a business
Financial Resources
manager who helps an employee prepare a bank deposit is demonstrating
Technical Skill
Managers who report to top level and who have supervisors report to them
Mid-level Management
management function of setting up the way the business’s work will be done
Organizing
Plans of action for achieving goals and objectives
Strategies
People who work to produce goods or services
Human Resources
small-business manager who considers how a one-person reduction in office staff could impact the rest of his/her company is using
Conceptual Skills
All managers who are responsible for the operation of the company
Top-level Management
management function of deciding what will be done and how it will be accomplished
Planning
Short-range planning (one year) of specific actions the business will take
Tactical Planning
Knowledge, facts, or data
Information
When the team exceeded their monthly sales goal, James rewarded them with a celebratory dinner out and a 5% bonus.
Directing
Supervisors who work directly with employees who carry out the routine work
First-Line Management
management function of finding workers for the business
Staffing
The ability to communicate, interact, and build relationships with others
Interpersonal Skills
Equipment and supplies used by businesses in their operation
Material Recources
do many businesses believe to be their most important resource
Employees
Groups of activities related to management
Management Function
management function of providing guidance to workers and work projects
Directing
The ability to see the “big picture” and think about how things will work together
Conceptual skills
Using sales statistics before making a purchase
Information
normally responsible for purchasing the proper material resources for workers to use
Mid-Level Managers