Management Flashcards
other terms for directing
actuating & leading
a SUMMARY of how a business owner, manager, or entrepreneur intends to organize the BUSINESS endeavor and implement activities necessary for the venture to succeed
business plan
latin for “let buyer beware
Caveat emptor
“mE buy”
latin for “let seller beware”
Caveat venditor
“Vendor”
another term for evaluating
controlling
a sudden misfortune, resulting in the loss of life and property
disaster
an unforeseen combination of circumstances that result in a need for immediate action
emergency
study of workplace design
ergonomics
monitoring and maintaining everything in a F.H.
facilities management
utilization and monitoring of assets, revenue, expenditures and capital
financial management
broad statements about what an organization wants to achieve ; no reference to a time period
goals
the process of acquiring, training, developing, motivating, and appraising a sufficient quantity of qualified employees; developing activites and organizational climate conducive to max efficiency and worker satisfaction
human resource management
process of INSPIRING others to work hard to accomplish important tasks
leadership
process of planning and executing the development, pricing, promotion, and distribution of an organization’s goods/ services
marketing management
process of energizing, channeling and sustaining peoples behavior
motivating
