Key Terms for Business Finals

Key Terms for Business Finals

Assessment

Flashcard

Business

5th Grade

Easy

Created by

Thanh Đoàn

Used 1+ times

FREE Resource

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101 questions

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1.

FLASHCARD QUESTION

Front

What is Management?

Back

The process used to accomplish organizational goals through planning, organizing, leading, and controlling people and other resources.

2.

FLASHCARD QUESTION

Front

Who is a Manager?

Back

An individual in charge of a certain group of tasks or a certain area of business.

3.

FLASHCARD QUESTION

Front

What does a Chief Executive Officer do?

Back

The most senior manager responsible for the overall performance and success of a company.

4.

FLASHCARD QUESTION

Front

What is Planning in management?

Back

A function that includes anticipating trends and determining the best strategies to achieve goals.

5.

FLASHCARD QUESTION

Front

What is Organizing in management?

Back

Designing the structure of the organization and creating conditions for everyone to work together.

6.

FLASHCARD QUESTION

Front

What does Leading mean in management?

Back

Creating a vision for the organization and guiding others to achieve goals.

7.

FLASHCARD QUESTION

Front

What is Controlling in management?

Back

Establishing standards to determine if the organization is progressing toward its goals.

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