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Chapter 2 Principles of Business

AB
formal training programsThese are used today to train supervisors
executivesthis level of management has probably had EXTENSIVE management training
happy employeesIf employees are THIS they tend to have better work performance levels
supervisorsthis level of management is repsponsible for the work of each of their employees
work schedulestool is most important when a supervisor is determining the work to be done, setting priorities, and ensuring that the work is completed
quality controla lack of THIS is probably responsible for spending too much time correcting errors and redoing work
decisionsbusiness can gather research from government organizations,universities, trade associationsto to make good business __________________
supervisorsDecisions about the daily operations of a specific unit in a business are the responsibility of
a symptomA sign or indication that something appears to be a problem is
All levelswhich levels of management are involved in decision making for a business
solutionA problem is a difficult situation requiring one of THESE
best solutionfinal step in the decision-making process is to select THIS
strengths and weaknessesRegular formal and informal performance reviews can reveal an employee’s
Possible solutions2nd step in problem solving is to list THIS
ask questionsThe best way to determine the problem after a symptom has been identified is to do THIS
work scheduleused to identify the tasks to be done, employees assigned to the work, and the time frame for completion of each task
supervisorsCommon responsibilities for this management level include:Communicate goals and directions. encouraging employees to do their best, controlling costs and using resources efficiently
management skillsWays to develop THESE if not provided by the company is to read management materials, take a management courses, participate in professional management associations
controlling activitiesManagers use information systems to reduce the amount of time spent
experimentAn effective way to test one or more solutions if to conduct one of these
procedures after solution is determineddetermine the best way to implement the solution. identify who should be a part of implementing the solution. gather information to determine if the solution is solving the problem
controllingStudying and evaluating the results of a solution is part of THIS function of management
results changesWhen solving a problem, what needs to be done after the best solution has been selected and implemented is to study the ___________ and make any necessary _____________
management rolecommon set of activities that make up an important part of a manager’s job
management information systemcomputer-based system that stores, organizes, and provides information about a business
problemdifficult situation requiring a solution
performance reviewprocedure that evaluates the work and accomplishment of an employee and provides feedback on performance
symptomA sign or indication of something that appears to be the problem
what-if analysisA systematic way to explore the consequences of specific choices using computer software
time managementManaging work schedules to achieve maximum productivity
work coachAn experienced manager who meets regularly with a new manager to provide feedback and advice
management principlesfundamental guidelines for the decisions and actions of managers
quality controlThe process of making sure work meets acceptable standards
SupervisorsThis level of management can complete BOTH formal and informal evaluations


Marketing Education/DECA
Terre Haute South High School
IN

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