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Stack302 Manage This
Objective 302
| Term | Definition |
|---|---|
| Conceptual skills | 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 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 and 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 organizations goals. |
| Management function | Groups of activities related to management. Planning, organizing, staffing, directing, controlling. |
| Manager | Individual who's job involves carrying out management functions. |
| Material Resources | Equipment and supplies used by businesses in their operations. |
| Mid level management AKA 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 (3-5 years) for the company as a whole. |
| Strategies | Plan of action for achieving goals and objectives. |
| Supervisory management | First line management |
| Tactical planning | Short range planning (1 year) of specific actions the business will take. |
| Technical sills | Ability to understand the technical aspects of jobs. |
| Top level management | All managers who are responsible for the operation of the company or a business unit. |