Believed that power and decision making should be fluid and should go to the people who have the most knowledge and ability; not necessarily prioritized by seniority.
Who Mary Parker?
100
a process usually done by the government to make sure that a business or individual's "books are in order". Checks to make sure that financial statements are accurate and complete.
What is an Audit?
100
The backbone of every business ever started. Impossible to run a company without. The living aspect of a company
What are the employees?
100
One of the most commonly used financial controls. The process of setting financial restrictions and appropriating funds to different aspects of a company.
What is a budget?
200
Was known as the founder of the "human relations movement" also conducted experiments called the "Hawthorne Studies"
Who is Elton Mayo?
200
A group of individuals who are not employed by the company and who may have expertise that will be helpful to management.
What is a board of directors?
200
the process of setting standards, monitoring performance and helping people utilize their strengths and compensate for their weakness.
What is The Performance Management Process?
200
How money is earned and spent, the monitoring of profits and expenses, and guidelines to manage spending.
What is Financial Controls?
300
Known as the "Father of Scientific Management": an approach that involves organizing work for max efficiency
Who is Fredrick Taylor?
300
A concept where a business uses social media, social networking, and customer feed back to regulate and design their products and services.
What is customer control?
300
The qualities of being able to realize and understand your emotions and being able to handle them in an efficient and productive way.
What is emotional self-awareness and self control
300
A type of control that ensures that results are reached within an acceptable time frame and that products and services are meeting their standards.