Advantages or payments employees receive in addition to their wages (e.g., sick time, holiday pay, health insurance)
New cards
2
compliance
Fulfilling the requirements of the law
New cards
3
conceptual skills
The ability to see the "big picture" and think about how things will work together
New cards
4
controlling
The management function that monitors the work effort
New cards
5
data processing
Converting facts and figures into useful information
New cards
6
directing
The management function of providing guidance to workers and work projects
New cards
7
first-line managment
Supervisors who work directly with the employees who carry out the business's routine work
New cards
8
human reasorces
People who work to produce goods or services
New cards
9
Information Management
The process of accessing, processing, maintaining, evaluating, and disseminating knowledge, facts, or data for the purpose of assisting business decision making
New cards
10
information
Knowledge, facts, or data presented in a useful form
New cards
11
interpersonal skills
The ability to communicate, interact, and build relationships with others
New cards
12
managment function
Groups of activities related to management (i.e., planning, organizing, staffing, directing, and controlling)
New cards
13
managment information systyem (MIS)
An integrated technology that assists with an organization's information management needs
New cards
14
material reasources
Equipment and supplies used by businesses in their operation
New cards
15
mid-level managment
Managers who report to top-level management and who have supervisors who report to them
New cards
16
organizing
The management function of setting up the way the business's work will be done
New cards
17
planning
The management function of deciding what will be done and how it will be accomplished
New cards
18
professional development
Steps that an individual takes to enhance or improve skills or traits that are needed to excel in her/his career/profession
New cards
19
propietary information
Private information that belongs to an organization and cannot be released to the public
New cards
20
staffing
A human resources management activity that involves recruiting, interviewing, hiring, orienting, and dealing with job changes for a company's employees
New cards
21
Strategic Planning
Long-range planning (three to five years) for the company as a whole
New cards
22
tactical planning
Short-range planning (one year) of specific actions the business will take
New cards
23
technical skills
Ability to understand the specialized aspects of jobs
New cards
24
top level management
All managers who are responsible for the operation of the company or a business unit.
New cards
25
trade secret
Undisclosed information within a particular business or industry