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15 Cards in this Set

  • Front
  • Back
management
the process of acheiving company goals by planning, organizing, directing,controlling and evaluating the effective use of resources
planning
the act or process of creating goals and objectives as well as the strategies to meet those goals and objectives
organizing
getting resources arranged in an orderly and functional way to accomplish goals and objectives
organizational chart
a chart that shows how the firm is structured and who is in charge of whom
top-level manager
managers who are responsible for setting goals and planning for the future as well as leading and controlling the work of others
middle manager
managers who carry out the decisions of top management
operational manager
managers who are responsible for the daily operations of a business
leading
providing direction and vision
controlling
keeping the company on track and making sure goals are met
line authority
an organizational structure in which managers at the top of the line are in charge of those beneath them, and so on
line and staff authority
an organizational sturucture with direct lines of authority as well as staffwho advise line personnel
centralized organization
an organization that puts authority in one place-with top management
decentralized organization
an organization that gives authority to a number of different managers
derpartmentalization
dividing responsibility among specific units or departments
entry-level job
job suitable for a worker who is new to a job, field, or subject