Chapter 1 Flashcards
Organizing
Includes determining what tasks are to be done, who is to do them, how the tasks are to be grouped, who reports to whom, and who will make decisions.
Leading
Includes motivating employees, directing the activities of others, selecting the most effective communication channel, and resolving conflicts.
Controlling
Includes monitoring performance, comparing it with goals, and correcting any significant deviations.
Conceptual Skills
A managers ability to analyze and diagnose complex situations.
Interpersonal Skills
A managers ability to work with, understand, mentor, and motivate others, both individually and in groups.
Technical Skills
Job-specific knowledge and techniques needed to perform work tasks.
Political Skills
A manager’s ability to build a power base and establish the right connections.
Small Business
An independent business having less than 500 employees that doesn’t necessarily engage in any new or innovative practices and has relatively little impact on its industry.
Planning
Includes defining goals, establishing strategy, and developing plans coordinate activities.