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BBI2O1- 2.3 Vocab

Introduction to Business: Unit 2, Chapter 7 Management

TermDefinition
COMPTROLLER The manager of the financial department of a business.
AUTOCRATIC LEADER A leader who makes all the decisions and expects employees to do as they are told.
LAISSEZ-FAIRE LEADER A leader who leaves employees alone to do their job.
DEMOCRATIC LEADER A leader who encourages employees to participate in the decision-making process.
UPPER MANAGEMENT The highest level of management. Long-term company goals are set here. Jobs include CEO, CFO, COO, and vice-president of marketing and human resources.
MIDDLE MANAGEMENT The second level of management where plans are interpreted from the upper management and are put into action. Jobs include plant manager and regional manager.
LOWER-LEVEL MANAGEMENT The first level of management where plans from the middle management are implemented. Job titles include team leader, foreperson, or assistant manager.
Created by: ShirleyT
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