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Chapter 3 Business Management Vocabulary

AB
leaderearns respect and cooperation of employees to effectively accomplish the work of the organization
leadershipthe ability to influence individuals and groups to cooperatively achieve common goals
human relationsrefers to how well people get along with each other when working well together.
powerthe ability to control behavior
position powercomes from the position the manager holds in the organization
reward powerpower based on the ability to control rewards and punishment
expert powerpower given to people based on their superior knowledge about the work
identity powerpower given to people because others identify with and want to be accepted by them
self understandingan awareness of your attitudes and opinions, your leadership style, your decision making style, and your relationship with other people
hard skillscan be learned and are related to how to do a specific job, such as working with spread sheet or creating a financial report
soft skillstraits that relate to an individuals character, attitude, and personality, which greatly influence how he or she gets along with others at work
team buildinggetting people to support the same goals and work well together to accomplish them
personal networksincludes people outside of the business environment; family, neighbors, and others
professional networksincludes coworkers, managers from other businesses, and other types of professionals
leadership stylethe general way that a manager treats and supervises their employees
autocratic leadergives clear, direct, and precise orders with detailed instructions as to what, when, and how work is to be done
democratic leaderone who encourages workers to share in making decisions about their work and work related problems
open leadergives little or no direction to employees
situational leaderunderstands employees and job requirements and matches actions and decisions to the circustances
employee assistance programsprovide confidential individual assistanceincluding counseling ansd support services for employees experiencing problems
rulespresc, benefits, and working conditionsibed guides for actions and conduct
work rulesregulations created to maintain an effective working environment in a business
labor unionan organization of workers formed to represent their common interests in improving wages
labor agreementspecifies important work rules and the procedures to be followed if there are violations of the rules and is a contract between managers and the union



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