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5 Cards in this Set

  • Front
  • Back
What is PLANNING?
It is the portion of a manager's job concerned with

determining what the business needs to do and the best way to do it.
What is ORGANIZING?
It is the portion of a manager's job concerned with

mobilizing necessary resources to complete a particular task.
What is LEADING?
It is the portion of a manager's job concerned with

guiding and motivating employees to meet the firm's objectives.
What is CONTROLLING?
It is the portion of a manager's job concerned with

monitoring the firms performance and if necessary, acting to bring it in line with the firm's goals.
What is Management?
The process of planning, organizing, leading, and controlling a business's financial, physical, human and information resources in order to achieve its goals.