Untitled Flashcards Set

Management

The process of accomplishing the goals of an organization through the effective use of people and other resources.

Planning

Involves analyzing information, setting goals, and making decisions about what needs to be done.

Organizing

Identifying and arranging the work and resources needed to achieve the goals that have been set.

Staffing

Includes all the activities involved in obtaining, preparing, and compensating the people who work for a business.

Implementing

The effort to direct and lead people to accomplish the planned work of the organization.

Controlling

Determines to what extent the business is accomplishing the goals it set out to reach in the planning stage.

Management Style

The way a manager works with and involves employees.

Leadership

The ability to motivate individuals and groups to accomplish important goals.

Human Relations

The way people get along with each other.

Influence

Enables a person to affect the actions of others.

Informal Influence

Power resulting from the personal characteristics of a leader rather than the formal structure of an organization.

Formal Influence

Power based on a leader's position within the formal structure of an organization.

Ethical Business Practices

Ensure that appropriate standards of conduct are maintained by everyone who is a part of the business and with anyone affected by the business.

Core Values

The important principles that will guide decisions and actions in the company.