click below
click below
Normal Size Small Size show me how
Chapter 7
Term | Definition |
---|---|
management | Is the process of accomplishing the goals of an organization through the effective use of people and other resources. |
planning | seting goals, and making decisions about what needs to be done. |
organizing | finding and arranging the work and resources needed to achieve |
staffing | includes obtaining, preparing, and compensating the employees. |
implementing | is the effort to direct and lead people to accomplish work. |
controlling | determines to what extent the business is accomplishing the goals it's set out to reach in the planing stage |
management style | is the way a manager treats and involves employees.Two very different styles often used by managers are tactical styles often used by managers are tactial management and strategic management. |
leadership | is the ability to motiviate individuals and groups to accomplish important goals |
human relations | is the way people get along wih each other. |
influence | enables a person to affect the actions of others |
informal influence | one or two people emerge as leaders o help get the group focused and organized |
formal influence | the person elected president has formal influence because the leadershp position is part of the organizaions structure. |
ethical business practices | to ensure everyone in the business are observed through the highest standards of conduct |
vision statement | what your business will do and why it will exist tomorrow and it has defined goals to be accomplished by a set date.(future)ex:I plan to bring my grades up. ex 2: my goal is to have good grades & keep up with family and friends too. |
mission statement | a formal summary of the aims and values of a company, organization, or individual(do)ex:I will focus & listen to the fullest of my ability.ex 2:I will do my best on every assignment. |