Intro to Bus-Concept of Mngt Vocab

Conceptual skills

• The ability to see the “big picture” and think about how things will work together

• The process of coordinating resources to accomplish an organization’s goals

• The management function of providing guidance to workers and work projects

Controlling

• The management function of providing guidance to workers and work projects

• The ability to see the “big picture” and think about how things will work together

• The management function that monitors the work effort

Directing

• Supervisors who work directly with the employees who carry out the business’s routine work

• The management function of providing guidance to workers and work projects

• The management function that monitors the work effort

Executive management

• All the sources of money available to a business

• Top-level management

• People who work to produce goods or services

Financial resources

• All the sources of money available to a business

• Knowledge, facts, or data

• Equipment and supplies used by businesses in their operation

First-line management

• Top-level management

• The management function of providing guidance to workers and work projects

• Supervisors who work directly with the employees who carry out the business’s routine work

Goals

• Objectives

• Knowledge, facts, or data

• The management function of setting up the way the business’s work will be done

Human resources

• Supervisors who work directly with the employees who carry out the business’s routine work

• Individual whose job involves carrying out management functions

• People who work to produce goods or services

Information

• The ability to communicate, interact, and build relationships with others

• Knowledge, facts, or data

• The process of coordinating resources to accomplish an organization’s goals

Interpersonal skills

• The management function that monitors the work effort

• The ability to communicate, interact, and build relationships with others

• The process of coordinating resources to accomplish an organization’s goals