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18 Cards in this Set
- Front
- Back
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Management
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Includes the processes or functions of planing, organizing, leading, and controlling.
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Planning
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The act or process of creating goals and objectives as well as the strategies.
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Organizing
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Getting the resources arranged in an orderly and functional way to accomplish goals and objectives.
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Organizational chart
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Shows how the firm i structured and who is in charge of whom.
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Top-level manager
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Responsible for setting goals and planning for the future as well as leading and controlling the work of others.
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Middle manager
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Carries out the decisions of top manager.
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Operational manager
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Responsible for the daily operations of a business.
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Leading
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Providing direction and vision.
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Controlling
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Keeping the company on track and making sure goals are met.
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Line authority
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An organizational structure in which managers on one level are in charge of those beneath them.
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Line and staff authority
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Organizational chart shows the direct line of authority as well as staff who advise the line personnel.
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Centralized organization
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puts authority i one place
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Decentralized organnization
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Gives authority to a number of different managers
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Departmentalization
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Divides responsibility among specific units, or departments
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Entry-level job
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A beginner-level position
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Decentralized organnization
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Gives authority to a number of different managers
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Departmentalization
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Divides responsibility among specific units, or departments
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Entry-level job
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A beginner-level position
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