| A | B |
|---|
| Departmentalization | This divides responsibilities amoung specific units such as a Sales Team. |
| Departments | Groups of people within a business that are organized by their region, skill, or what they make. |
| Management Plan | Divides a company into different departments run by different managers. |
| Organizational Chart | Shows how a business is structured and who is charge of whom. |
| Line Authority | Managers are at the top and are in charge of those beneath them. |
| Centralized Authority | Type of authority where authority is put into 1 place, with top management. |
| Decentralized Authority | Type of authority where authority is given to a number of different managers to run their own departments. |
| Informal Structure | Type of structure where there is more flexibility, smaller businesses usually have this type of structure. |
| Formal Structure | Departments are created in this type of structure. |
| Operational Managers | Managers that are responsible for the daily tasks of the business. |
| Middle Managers | Regional managers are an example, where they carry out the decisions of top management. |
| Managerial Funcations | Leading, Controlling, Planning, and Organizing. |
| Planning | A managerial function that sets objectives for the business. |
| Leading | A managerial function that, influences, guiding, and directing people under ones management to carry out their assigned tasks. |
| Initiative | The destire to take action to get something done. |
| Leadership | Providing direction and vision for a company. |
| Confidence | Acting sure of yourself when making decisions. |
| Human Relations | The ability to communicate with peole. |
| Integrity | Holding to your principles. |
| Autocratic | Type of leadership where you run everything yourself and does NOT answer to anyone. |
| Delegating | Passing off the duties to someone else. |
| Free-rein | Type of leadership where the management is allowing workers to complete their work on their off "hands-off" |
| Democratic | Type of leadership that managers and employees work together. |
| Self-Managed Teams | Originated in Japan, which are work groups that supervise themselves. |
