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15 Cards in this Set

  • Front
  • Back
Manangement
Includes the processes or functions of planning,organizing, leading, and controlling
Planning
IS the act or process of creating goals and objectives as well as the strategies to meet them
Organizing
Is getting the resources arranged in an orderly and functional way to accomplish goals and objectives
Organiztational Chart
shows how the firm is structured and who is inchargeof whom
Top-Level Manager
Is the responsible for setting goals andplanning for the future as well as leading and controlling the work of others
Middle Manager
Carries out the decisions of top management
Operational Manager
Is the responsible for the operations of a business
Leading
means providing direction and vision
Controlling
The operation means keeping the companyon track and making sure goals are met
Line Authority
Is an organizational structure in which managers are in charge of those beaneath them
Line and Staff Authority
Organizational chart shows the direct line of authority as well as staff who advise the line personnel
Centralized organization
Some firms have a Centralized organization that puts authority in one place- with top management
decentralized organization
gives authority to a number of different managers
departmentalization
divides responsibility among specific units or departments
entry-level job
is a beginner-level position