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Managers
Term | Definition |
---|---|
Conceptual skills | The ability to see the "big picture" and think about how things will work together |
Controlling | The management function that monitors the work effort |
Directing | The management function of providing guidance to workers and work projects |
Executive management | Top level management |
Financial resources | All of the sources of money available to the 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 planning,organization staffing directing and controlling |
Manager | individual whose job involves carrying out management functions |
Material resources | equipment and supplies used by businesses in their operation |
Mid-level management | mid level management |
Middle management | Managers who report to top level management and who have supervisors who report to them |
Organizing | the management function of setting up the way the business's work will be done |
Planning | the management function of deciding what will be done and how it will be accomplished |
Resources | items that can be used to produce goods and services |
Staffing | The management function of finding workers for the business |
Strategic planning | Long range planning(three to five 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 |