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23 Cards in this Set

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