module 5 Flashcards
management
coordinating inputs to achieve a desired outcome
four resources managements must coordinate
-material resources (wood, water, etc)
-human resources (people)
-financial resources (money, capital)
-informational resources (data)
planning
establishing organizational goals and deciding how to accomplish them
organization
assigning tasks, using resources, establishing a structure
leading and motivating
inspiring and encouraging employees
controlling
looking at results and seeing what is and isn’t working
planning
establishing organizational gos and deciding how to accomplish them
strategic planning
the establishment of an organization’s major goals and objectives and the allocation of resources to achieve them
SWOT analysis
key skills managers must have
motivation vs leadership
leadership-the ability to influence others
motivating- the process of providing reasons for people to work in the best interests of an organization
two main types of leadership
steps in the managerial decision making process
motivation
The process of giving people reasons to work in the best interests of an organization
motive
something that causes a person to act