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Chapter 11

Management

AB
productivitythis goes up when treated fairly
written management planan overview, but not every detail is included
horizontal companieswhere middle managmers have wide range of responsibilities
Properly trainedthese employees will stay longer than those who aren't
Downsizing in the 80's/90'sresult was decreased employee morale
top managementChief financial officer's team
customerssource of direction in horizontal company
creativityrewarding people who are innovative and different
rewarding loyaltyfilling positions with current employees
supervisorsthose who assign duties/supervise employees
trainingdescribing history, mission, services to new employees
controllingsetting standards, evaluating performance, and solving problems
staffingselection of new employees
organization by processorganization around teams of similarly skilled people
flatteningreducing supervisors and eliminating levels ofmanagement
consistentmanagement technique of clear expectations, follow through and treating everyone fairly
simplificationrewarding making things less complicated
cusotmer satisfaction standardscompany standards that deal with sales returns, repeat business, and referrals
delegateassign tasks to others
mission statementdescription of a company's ultimate goals
organizeto coordinate efforts in order to reach company goals
empowerto allow and encourage team members to contribute to the managment process
managementprocess of reaching goals through the use of technology, human, and material resources
traditional company structurevertical organization
self managed structurehorizontal organization
planningdeciding what needs done and how to do it
evaluatedecide quality or worth of something


Marketing Educator/DECA Advisor
Frankfort High School
Frankfort, IN

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