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vocab 11
| Question | Answer |
|---|---|
| Autocratic | A leadership style in which managers maintain total control of the business operation. |
| Controlling: | The final function of management which compares expected results with actual performance |
| Democratic | A leadership style in which managers are open to new ideas and seek suggestions from employees. |
| Directing | : A function of management that conveys plans, assignments, and instructions to employees. |
| Laissez-Faire | A leadership style in which managers use a ‘hands off’ approach and allow employees to make their own decisions. |
| Operational plans | Short-term plans that include routine policies, rules, regulations and budgets for the day-to-day operation of the business. |
| Organizing . | a function of management which gives structure to job tasks and duties |
| Planning | The first step in management which involves determining business objectives and how to reach desired results. |
| Strategic plan | Long-range plans that indicate goals 3 to 5 years ahead |
| Tactical plan | : Plans that focus on a period of one year or less |
Created by:
niyo
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