BB40 VOCABULARY FLASH CARDS

Ongoing; without stopping

• Continuous

• Intermittent

• Temporary

• Periodic

The process of actually giving verbal or written instructions to employees

• Instructing

• Directing

• Advising

• Coaching

Top-level management

• Executive management

• Middle management

• Operational management

• Team management

The ability to adapt to changes as they occur.

• Flexibility

• Rigidity

• Stability

• Inflexibility

The process of obtaining funds and using them to achieve business goals.

• Finance

• Investment

• Marketing

• Accounting

Outline of steps designed with the goals of the entire organization in mind, rather than with the goals of specific divisions or departments.

• Tactical Plans

• Operational Plans

• Strategic Plans

• Contingency Plans

The total of businesses consisting of brokerage firms, investment banks, and stock exchanges, all of which support the flow of funds from investors to companies and institutions

• Financial services sector

• Securities and investments industry

• Commercial banking industry

• Insurance and risk management sector

Focuses on planning, organizing, directing, and evaluating business operations through resource allocation.

• General management

• Operational management

• Strategic management

• Project management

Determining the organization's goals and defining the means for achieving them.

• Organizing

• Planning

• Leading

• Controlling

Pay or wages for work completed

• Compensation

• Reimbursement

• Allowance

• Bonus