Intro to Business Chapter 7 Management and Leadership

Power based on a leader's position within the formal structure of an organization

• formal influence

• informal influence

• management

The important principles that will guide decisions and actions in the company

• mission statement

• core values

• ethical business proactices

The effort to direct and lead people to accomplish the planned work of the organization

• controlling

• implementing

• organizing

All the activities involved in obtaining, preparing, and compensating the employees of a business

• planning

• implementing

• organizing

• staffing

Enables a person to affect the actions of others

• ethical business practices

• influence

• leadership

Ensure that appropriate standards of conduct are maintained by everyone who is a part of the business and with anyone affected by the business

• influence

• controlling

• ethical business practices

The process of accomplishing the goals of an orginization through the effective use of people and other resources.

• human relations

• management

• staffing

The way people get along with each other.

• human relations

• influence

• leadership

The ability to motivate individuals and groups to accomplish important goals

• leadership

• formal influence

• human relations

Determines to what extent the business is accomplishing the goals it set out to reach in the planning stage.

• staffing

• organizing

• controlling