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7: Business Organization, Management, and Leadership

AB
chain of commandAuthority structure in a company from the highest to the lowest levels; also called the line of authority.
collaboration skillsSkills that enable individuals to work with others to achieve a common goal.
goalSomething to be achieved in a specified period of time.
policyOutlines how company decisions are made.
procedureDescribes how tasks should be completed.
organization chartDiagram that shows the structure of an organization.
organizational chartDiagram showing how each employee position within a company interacts with others in the chain of command.
managementProcess of controlling and making decisions about a business.
top managementConsists of a company's board of directors, president, and other high-ranking managers.
middle managementConsists of a company's division managers and department heads.
first-line managementLevel of management that coordinates and supervises the activities and duties of employees.


Business Educator
Polytechnic High School
Fort Worth, TX

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