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26 Cards in this Set
- Front
- Back
organizing
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management process of determining how best to arrange an organization's resources and activities into a coherent structure
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long-term goals
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goals set for an extended time, typically five years or more into the future
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mission statement
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organization's statement of how it will achieve its purpose in the environment in which it conducts its business
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corporate culture
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the shared experiences, stories, beliefs, and norms that characterize an organization
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time management skills
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skills associated with the productive use of time
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controlling
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mangement process of monitoring an organization's performance to ensure that it is meeting its goals
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directing
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management process of guiding and motivating emlpoyees to meet and organization's objectives
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management
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process of planning, organizing, directing, and controlling an organization's resources to achieve its goals
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first-line managers
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managers responsible for supervising the work of employees
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middle managers
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mangers responsible for implementing the strategies, policies, and decisions made by top managers
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environmental anaylysis
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process of scanning the busiiness environment for threats and opportunities
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tactical plans
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generally short-range plans concerned wth implementing specific aspects of a company's strategic plans
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top managers
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managers resonsible to teh baord of directors and stockholders for a firm's overall performance and effectiveness
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goal
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objective that a business hopes and plans to achieve
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crisis management
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an organization's methods for dealing with emergencies
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short-term goals
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goals set for the very near furture, typically less than one year
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planning
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management process of determining what an organization needs to do and how best to get it done
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technical skills
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skills needed to perform specialized tasks
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decision-making skills
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skills in defining problems and selecting the best courses of action
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human relations skills
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skills in understanding and getting along with people
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intermediate goals
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goals set for a period of one to five years in the future
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strategic plans
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plans reflecting decisions about resource allocations, compay priorities, and steps needed to meet strategic goals
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strategy formulation
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creation of a braod porgram for defining and meeting an organization's goals
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strategic goals
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long-term goals derived from a firm's mission statement
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contingency planning
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identifying aspects of a business or its environment taht might entail changes in strategy
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conceptual skills
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abilities to think in eh abstrat, diagnose, and analyze different situations, and see beyond the present situation
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