Business Essentials 3.02 Terms

5. The management function that monitors the work effort
8. The management function of providing guidance to workers and work projects
9. Steps that an individual takes to enhance or improve skills or traits that are needed to excel in her/his career/profession
14. An integrated technology that assists with an organization’s information management needs
17. Advantages or payments employees receive in addition to their wages (e.g., sick time, holiday pay, health insurance)
18. The management function of deciding what will be done and how it will be accomplished
20. A human resources management activity that involves recruiting, interviewing, hiring, orienting, and dealing with job changes for a company’s employees
22. Managers who report to top-level management and who have supervisors who report to them

1. Equipment and supplies used by businesses in their operation
2. Supervisors who work directly with the employees who carry out the business’s routine work
3. Converting facts and figures into useful information
4. The ability to see the “big picture” and think about how things will work together
6. Fulfilling the requirements of the law
7. Short-range planning (one year) of specific actions the business will take
10. Knowledge, facts, or data presented in a useful form
11. Ability to understand the specialized aspects of jobs
12. The management function of setting up the way the business’s work will be done
13. Private information that belongs to an organization and cannot be released to the public
15. All managers who are responsible for the operation of the company or a business unit.
16. Groups of activities related to management (i.e., planning, organizing, staffing, directing, and controlling)
19. The ability to communicate, interact, and build relationships with others
21. Undisclosed information within a particular business or industry