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ITB Chapter 7 Vocabulary

AB
ManagementThe process of accomplishing the goals of an organization through the effective use of people and other resources.
PlanningInvolves analyzing information, setting goals, and making decisions about what needs to be done.
OrganizingIdentifying and arranging the work and resources needed to achieve the goals that have been set.
StaffingIncludes all the activities involved in obtaining, preparing, and compensating the people who work for a business.
ImplementingThe effort to direct and lead people to accomplish the planned work of the organization.
ControllingDetermines to what extent the business is accomplishing the goals it set out to reach in the planning stage.
Management SyleThe way a manager works with and involves employees.
LeadershipThe ability to motivate individuals and groups to accomplish important goals.
Human RelationsThe way people get along with each other.
InfluenceEnables a person to affect the actions of others.
Informal InfluencePower resulting from the personal characteristics of a leader rather than the formal structure of an organization.
Formal InfluencePower based on a leader's position within the formal structure of an organization.
Ethical Business PracticesEnsure that appropriate standards of conduct are maintained by everyone who is a part of the business and with anyone affected by the business.
Core ValuesThe important principles that will guide decisions and actions in the company.


East Grand Rapids High School
MI

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