Studied by 0 people
Looks like no one added any tags here yet for you.
Supervisory management
Most at this level are responsible for day-to-day operations such as a shift or line manager.
Senior management
The highest level of management in an organization.
Entrepreneur
Someone who starts and runs their own business.
Hierarchy
A system of levels or ranks within an organization.
Management principles
Guidelines for managing a business effectively.
Organizing
Function of management that groups related activities together and assigns employees to perform them.
Management hierarchy
A pyramid-shaped structure that includes planning, organizing, and staffing.
Day-to-day operations
The regular activities involved in running a business.
Regional sales managers
Managers responsible for a specific sales district or region.
Company policy
Rules and guidelines set by a company.
Goal setting
The process of determining objectives for a company.
Employee training
The act of preparing workers to learn or better perform their job tasks.
Staffing
Function of management that involves the recruiting, selecting, and training of employees.
Entrepreneur advantages
Being their own boss, making decisions, and hiring others.
Interpersonal role
A managers need to deal with people in and out of the company
Technical skills
Skills related to specific tasks or programs.
Management skills
Skills needed to understand different parts of a business.
Controlling
Management function measuring how businesses perform to ensure financial goals are being met.
Business Resources
Items such as capital, land, labor, vehicles, etc.. used by managers to help run and operate their business
Forepersons, crew leaders, store managers
Roles typically found in the lowest level of management
Conceptual skills
Skills needed to understand the big picture and how parts of a business relate.
Human relations skills
Skills needed to communicate and work well with people.
Professional managers
Managers paid to perform management functions. Also known as intrapreneurs.
Principle
A fundamental truth or guideline.
Goal achievement
Responsibility of managers to achieve goals set by senior management.
Planning
Deciding on company goals and the actions that the company must take to meet them.
Employee recruitment
Finding and hiring new employees for the holiday season.
Leading
Inspiring and encouraging employees to perform their best.
Performance evaluation
Assessing employee performance and providing feedback.
Effective
Doing things the right way
Efficient
Doing things the right way without wasting time or effort or expense
Note 
Flashcard (41)