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BM - Ch1 Vocab

AB
ManagementThe process of accomplishing the goals of an organizing through the effective use of people and other resources.
PlanningAnalyzing information and making decisions about what needs to be done.
OrganizingConcerned with determining how plans can be accomplished most effectively and arranging resources to complete work.
ImplementingFocuses on carrying out the plans and helping employees to work effectively.
ControllingInvolves evaluating results to determine if the company's objectives have been accomplished as planned.
ManagerCompletes all four management functions on a regular basis and has authority over other jobs and people.
SupervisorA manager whose main job is to direct the work of employees.
ExecutiveA top-level manager who spends almost all of his or her time on management functions and decisions that affect the entire company.
Middle ManagerCompletes all of the management functions, but spends most of the time completing specialized work in one management function or is responsible for a specific part of the company's operations.
Industrial RevolutionThe era of the eighteenth and nineteenth centuries in which machine power replaced human and animal power in the production process, leading to major business and social changes.
Management ScienceThe careful, objective study of management decisions and procedures in order to iprove the operation of business and organizations.
Classical ManagementStudies the way work is organized and the procedures used to complete a job in order to increase worker productivity.
Administrative ManagementIdentifies the most effecitve practices for organizing and managing a business.
Behavioral ManagementDirected at organizational improvement through understanding employee motivation and behavior.
Quality ManagementA total commitment by everyone in an organization to improve the quality of procedures and products by reducing waste, errors, and defects.
Business CompetitionThe rivalry among companies for customers.
Management StrategyA carefully developed overall approach to leading an organization.


East Grand Rapids High School
MI

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