Business and Tech Vocab

3. The process of accomplishing the goals of an organization through the effective use of people and other resources.
5. The function of a manager involving analyzing information, setting goals, and making decisions about what needs to be done.
9. Responsible for the work of a group of employees; often have non-management duties in addition to their management work.
11. A manager’s effort to direct and lead people to accomplish the planned work of the organization.
12. A leadership role that is part of the organization’s structure.
13. Precise statements of results the business expects to achieve.
15. A brief description of a company’s fundamental purpose. Answers the question, “Why does our business exist?”.
16. Practices that ensure the highest standards of conduct are observed in a company’s relationships with everyone who is a part of the business or affected by the business’ activities.
17. Determines to what extent the business is accomplishing the goals it set out to reach in the planning stage.
18. The way a manager treats and involves employees.

1. The function of a manager involving identifying and arranging the work and resources needed to achieve the goals that have been set.
2. The way people get along with each other.
4. Specialists with responsibilities for specific parts of a company’s operations.
6. Power enabling a person to affect the actions of others.
7. The important principles that guide decisions and actions in the company.
8. The function of a manager including all of the activities involved in obtaining, preparing, and compensating the employees of a business.
10. Responsible for the direction and success of the entire business;they set long-term direction and plans and are held accountable for the profitability and success of the business.
11. A leadership role that is not part of a formal structure.
14. The ability to motivate individuals and groups to accomplish important goals.

Business and Tech Vocab - Gavin Smith