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23 Cards in this Set
- Front
- Back
What is complacency?
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uncritical satisfaction with oneself or one's achievements
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What is the highest level of management?
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Senior Management
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Who has entered the workplace as time has evolved?
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More women, minorities, and immigrants
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What is management?
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The process of deciding how best to use a business's resources to produce goods and/or provide services.
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What are a business's resources?
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employees, money, and equipment
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What are the three levels of management?
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Senior Managers, Middle Managers, and Supervisory Managers
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What does the Middle Manager do?
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to set goals for specific areas of the business, create plans for employees to achieve these goals, moniter activities of subordinates, and generate reports for senior managers
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What are the five management tasks?
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planning, organizing,staffing, leading, and controlling
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What is a role?
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a set of behaviors associated with a particular job.
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What are the three management roles?
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Interpersonal, information-related, and decision-making
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What are interpersonal roles?
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A manager's relationships with people (both employees and others outside of the organization)
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What are information-related roles?
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managers provide news, knowledge, and advice to employees
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What are decision-making roles?
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roles the manager plays when changing policy, resolving conflicts, or deciding how to best use resources.
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What are the three management skills?
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conceptual, human relations, and technical
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When are human relations skills most important?
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at all levels of management
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When are technical skill sleast important?
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top management
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What are technical skills?
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specific abilities that people use to perform their job
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What is a principle?
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a basic truth or law
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Who makes up the traditional top management roles in US firms?
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white males
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What is the glass ceiling?
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Invisible barrier that prevents minorities and women from moving up the corporate ladder
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What are entrepreneuers?
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people who launch and run their own businesses
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How are entrepreneuers different from managers?
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they are mor eindependennt, don't usually have much of a formal education, and invest personal funds in their business
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A company with fewer than how many employees is considered a small business?
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100 employees
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