introduction to management Flashcards
1
Q
what is management
A
the process of organising resources in order to achieve objectives efficiently and efficiently
2
Q
what are the characteristics of a manager
A
- uses initiative
- decisive
- charismatic
- flexible
- problem solver
3
Q
using initiative
A
being proactive
4
Q
being decisive
A
acts quickly and confident in their decisions
5
Q
having charisma
A
inspiring and passionate
6
Q
being flexible
A
adaptable being able to change
7
Q
being a problem solver
A
analyses problems and makes them manageable
8
Q
management vs enterprise
A
9
Q
managements role
A
day to day operations
10
Q
enterprise role
A
starts business and looks to expand
11
Q
managements risk
A
risk of losing job but not capital
12
Q
enterprises risk
A
financial and personal risk
13
Q
managements reward
A
earns a set salary
14
Q
enterprise reward
A
keeps profit, which can vary
15
Q
management ideas
A
implements entrepreneurs ideas
