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3.02
key terms
| Term | Definition |
|---|---|
| Benefits | Advantages or payments employees receive in addition to their wages |
| Compliance | fulfilling the requirements of the law |
| Conceptual Skills | the ability to see the "big picture" & think about how things will work together |
| Controlling | the management function that monitors the work effort |
| Data Processing | converting facts & figures into useful information |
| Directing | the management function of providing guidance to workers & work projects |
| First-line Management | supervisors who work directly with the employees who carry out the business routine work |
| Human Resources | people who work to produce goods & services |
| Information Management | the process of accessing, processing, maintaining, evaluating, & disseminating knowledge, facts, or data for the purpose of assisting business decision- making |
| Information | knowledge, facts, or data presented in a useful form |
| Interpersonal skills | the ability to communicate, interact, & build relationships with others |
| Management function | groups of activities related to management |
| MIS | an integrated technology that assists with an organization's information management needs |
| Material resources | equipment & supplies used by businesses in their operation |
| Mid-level management | managers who report to top-level management & 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 & how it will be accomplished |
| Professional development | steps that an individual takes to enhance or improve skills or traits that are needed to excel her/his career/profession |
| Proprietary information | Private information that belongs to an organization & cannot be released to the public |
| Staffing | a human resources management activity that involves recruiting, interviewing, hiring, orienting, & dealing with job changes for a company's employees |
| Strategic planning | long-range planning for the company as a whole |
| Tactical planning | short- range planning 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 operations of the company or a business unit |
| trade secret | undisclosed information within a particular business or industry |
Created by:
destiny.s904
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