DECA Mgmt Ch 1 Vocab

Management

Process of controlling and making decisions about an organization as well as overseeing others to ensure activities are performed efficiently and effectively.

Effectiveness

Occurs when intended goals or objectives are acheved.

Productivity

Measure of output accomplished by an employee in a specific amount of time.

Micromanagement

Management style that occurs when manager closely controls or monitors the work of his or her employees.

Organizing

Coordination of activities and resources needed to accomplish a plan.

Staffing

The process of recruiting, hiring, training, evaluating, compensating employees.

Leading

Process of influencing others to work toward the attainment of common goals.

Controlling

Continuous process of comparing actual outcomes with planned outcomes and taking corrective action when goals are not met and involves setting standards, measuring performances aganst the standards, and making changes needed to keep performances in line with standards.

Manager

Person who directs and oversees the work of others in order to achieve the organization’s goals.

Direct report

Employee who reports directly to one manager.

For-Profit buisness

Organization that generates revenue with the objective of earning a profit for its owners.

Not-for-profit organization

Organization that exists to serve some public purpose.

Glass ceiling

Invisible barrier that prevents a group of people from job advancement.

Divercity

Having representatives from different backgrounds, cultures, or demographics in a group.

Managerial roles

Actions and behaviors managers are expected to perform in an organization.

Conceptual skills

Involve ability to formulate new ideas and think in abstract terms and enable person to think creatively, solve problems, and understand how programs and ideas interrelate.

Interpersonal skills

Skills that enable person to work effectively with others.

Communication

Sending and receiving messages that convey information, ideas, feelings, or beliefs.

Technical skills

Specific skills managers need to perform duties related to their area of management.

Hard skills

Critical skills necesary to perform required work related tasks of a position.

Soft skills

Skills that help an individual find a job, perform in the workplace, and gain success in a job or career.