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302 Manage these Key
Manage This
| 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 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 |
| 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 (i.e., planning, organizing, 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 | managers who report to top-level management and who have supervisors who report to them |
| Middle Management | mid-level management |
| 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-rage 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 |