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15 Cards in this Set
- Front
- Back
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Management
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The processes or functions of planning, organization, 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 to meet them.
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Organization
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Getting 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 is structured and who is in charge of whom
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Top-Level Manager
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Is 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 decision of top management in a business, such as production, marketing, and accounting departments.
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Operational Manager
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Is responsible for the daily operations of a business.
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Leading
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Means providing direction and vision.
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Controlling
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Means keeping the company 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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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 in one place-with top management.
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Decentralized Organization
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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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Is a beginner-level position
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