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Showing posts from June 23, 2014

20 KEY TERMS OF MANAGEMENT

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1.      Management -         Planning, organizing, leading and, controlling resources for the purpose of achieving organizational goals.  2.      Management functions  -         Planning:  Defining the goals as directed by executive management; developing strategy; conceptualizing coordinated efforts.  -          Organizing:  Establishing the tasks that will achieve the goals; defining lines of leadership; determining where decisions will be made.  -          Leading:  Motivating and directing subordinates; establishing effective communications; resolving conflicts quickly and equitably.  -         Controlling:  Ensuring tasks are accomplished as planned and correcting deviations.  -    ...