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Obj 102
SM-003
| Term | Definition |
|---|---|
| Conceptual Skill | 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 | Objective |
| Human Resources | People who work to produce goods or services |
| Information | Knowledge,facts, or data |
| Interpersonal Skill | The ability to communicate, interact, and build relationships with others |
| Management | The process of coordinating resources to accomplish and organization's goals |
| Management Function | Groups of activities related to management. i.e., planning, organizing , staffing, directing, and controlling |
| Manger | Individual whose job involves carrying out management functions |
| Material Resources | Equipment and supplies used by businesses in their operation |
| Mid-level Management | Management who report to top level management and who have supervisors who will report to them |
| Middle Management | Mid-level management |
| Organizing | The management function of setting up the way businesses work will be done |
| Planning | The management functions 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 functions of finding workers for business |
| Strategic Planning | Long-range planning(three to five years) for 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 Skill | 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 |