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7 Cards in this Set
- Front
- Back
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Planning
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Detailed formulation of action to achieve a particular end in the management activity
OR the selectio nof activities to help the organization attain its goals |
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Controlling
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use incentives to get individuals to make decisions that correspond to the goals of the organization
Or Book Definition the management activity of monitoring a plan's implementation and taking corrective action |
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Decision Making
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Choosing among competing alternatives
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Value Chain
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Set of activities required to design, develop, produce, market, and deliver produts and sevices to customers
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Financial Accounting
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Concerned with producing information for external users ( xternal accounting)
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Managerial or Management Accounting
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producing information for managerial use (internal)
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Ethical Behavior
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involves choosing decisions that are right, proper, and just
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