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Management Vocabulary

AB
ManagingThe process of achieving company goals by planning, organizing, directing, controlling, and evaluating the effective use of resources
Management StyleThe way a manager treats and involves employees.
Functions of ManagementPlanning, Organizing, Staffing, Implementing, Controlling
3 Levels of ManagementTop, Mid-level, Supervisors
PlanningThe act or process of creating goals and objectives as well as the strategies to meet those goals and objectives
Organizingetting resources arranged in an orderly and functional way to accomplish goals and objectives
LeadingProviding direction and vision
ManagementThe people who are in charge of running a business
InfluenceEnables a person to affect the actions of others
LeadershipThe effort to inspire and motivate individuals and groups to accomplish important goals.
Core ValuesThe important principles that will guide decisions and actions in the company.
Human RelationsThe way people get along with each other.
ControllingMeasuring how a business performs is an aspect of which management function
DelegatingGiving managers and employees the power to run things and make decisions.
Self-managed teamsWork groups that supervise themselves.
IntegrityAn adherence to a code of ethical values, such as honesty, loyalty, and fairness.
InitiativeThe ability to act and make decisions with- out the help or advice of others


Business Education Teacher
Bloomfield Middle School
Macon, GA

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