Review

This is a business that gathers raw goods.

• Producers

• Processors

• Manufacturers

• Intermediary

it is the process of creating, expanding, manufacturing or improving goods and services.

• Marketing

• Finance

• Management

• Production

is responsible for the daily operations of a business.

• top-level manager

• middle manager

• CEO

• operational manager

this leadership style requires the leader to set goals for managers and employees and then leave them alone to get the job done.

• Democratic

• free-rein

• autocratic

It refers to the tools and machines that people have invented to make life easier.

• Technology

• Machinery

• Computer

A type of leadership style in which one person runs everything and make all the decisions.

• democratic

• free-rein

• autocratic

What are the 3 components of motivation?

• Inspiring others

• goal-oriented

• confidence

• initiative

It is an adherence to a code of ethical values such as honesty, loyalty and fairness.

• Initiative

• confidence

• Integrity

• motivation

this is an organizational structure in which managers on one level are in charge of those beneath them.

• line authority

• line and staff authority

• departmentalization

This means keeping the company on track and making sure that goals are met.

• controlling

• planning

• organizing

• leading