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Managers
Term | Definition |
---|---|
Conceptual skills | allow a manager to visualize the entire organization and work with ideas and the relationships between abstract concepts. |
Controlling | monitoring the work effort |
Directing | providing guidance to workers and work projects |
Executive management | a team of individuals at the highest level of management of an organization who have the day-to-day tasks of managing that organization — sometimes a company or a corporation. |
Financial resources | All the sources of money available to a business |
First-line management | Supervisors who work directly with the employees who carry out the business's routine work |
Goals | Objectives |
Human resources | People who work to produce goods or services |
Information | Knowledge, Facts, or Data |
Interpersonal skills | The ability to communicate interact, and build relationships with others |
Management | The process of coordinating resources to accomplish an organization's goals |
Management function | Groups of activities related to management |
Manager | Individual whos job involves carrying out management functions |
Material resources | Equipment and supplies used by businesses in their operation |
Mid-level management | Managers who report to top-level management and who have supervisors who report to them |
Middle management | Mid-level management |
Organizing | setting up the way the business’s work will be done |
Planning | deciding what work will be done and how it will be accomplished. |
Resources | items that can be used to produce goods and services |
Staffing | helps the business to find employees who know how to do the necessary work |
Strategic planning | Long range planning (3-5 years) for the company as a whole |
Strategies | Plans of action for achieving goals and objectives |
Supervisory management | First line management |
Tactical planning | Short range planning (One year) of specific actions the business will take |
Technical skills | Ability to understand the specialized aspects of jobs |
Top-level management | All managers who are responsible for the operation of the company or a business unit. |