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Unit 1.02
Concept of Management
| Term | Definition |
|---|---|
| Communication | An exchange of information where words and gestures are understood in the same way by speaker and listener. |
| Continuous | Ongoing; without stopping. |
| Controlling | The management function that monitors the work effort. |
| Creative process | The process, from idea to production, by which any idea becomes reality. |
| Directing | The management function of providing guidance to workers and work projects to achieve goals. |
| Human resources | People who work to produce goods and services. |
| Instructing | The process of actually giving verbal or written instructions to employees. |
| Leadership | The ability to guide or direct the actions of others in a desired manner. |
| Management | The process of coordinating resources to accomplish an organization's goals. |
| Motivating | The process of getting employees to strive to achieve management's objectives because they want to. |
| Negative reinforcement | The act of terminating or withdrawing something unpleasant when a desired response is given. |
| Organizing | The management function of setting up the way the business's work will be done. |
| Planning | Determining the organization's goals and defining the means for achieving them. |
| Positive reinforcement | The act of encouraging a desired response by giving something pleasant. |
| Quality standards | Established specifications used to measure the degree of excellence of a good or service. |
| Quantity standards | Established specifications used to measure the amount of work produced. |
| Reward | A tangible item that is given in return for someone's service or accomplishment. |
| Staffing | HR activity involving recruiting, interviewing, hiring, orienting, and dealing with job changes. |
| Strategic planning | Long-range planning (three to five years) for the company as a whole. |
| Supervising | Overseeing employees' actions, monitoring their performance, and providing guidance and feedback. |
| Turnover | The rate at which an organization has to replace employees. |