SECTION 1 — MANAGEMENT BASICS

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11 Terms

1
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Management

The process of achieving organizational goals through planning organizing leading and controlling

2
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Planning

Setting goals determining resources and establishing standards

3
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Organizing

Arranging resources tasks and procedures to accomplish goals

4
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Leading

Guiding motivating and engaging employees while giving assignments and feedback

5
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Controlling

Measuring performance rewarding results and taking corrective action

6
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Management Skills

Technical skills human relations skills conceptual skills

7
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Technical Skills

Ability to perform tasks in a specific discipline or department

8
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Human Relations Skills

Ability to communicate motivate and work with people

9
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Conceptual Skills

Ability to understand the organization as a whole and how parts fit together

10
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Functional Areas of Business

Operations Marketing Finance plus HR R&D PR Legal etc

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