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Management
Commerce Ch. 6
| Question | Answer |
|---|---|
| What has changed about management? | All employees can contribute ideas, not just management. |
| What quality must managers have? | They must be able to communicate and interact with everyone. |
| What does the business plan list? | The goals for the company. |
| What must be done with a company's resources? | They must be used wisely. |
| What are a company's financial resources? | Money and assets. |
| What can a managers leadership style affect? | Employee performance and business atmosphere. |
| What should managers encourage? | That others develop internal motivation. |
| What is the measure of how a business has preformed? | Profit |
| How many types of management is the most that large companies usually have? | 3 |
| What are the types of management? | Top, middle, and supervisory (first-line) management. |