Domain 3- Part 1

123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051
Across
  1. 1. Adjustable based on sales/ volume changes Multiple budgets are prepared
  2. 4. Money owed to a business for goods or services that it has delivered but not been paid for yet.
  3. 6. Theory X- authoritarian, repressive style. Tight control, no development. Theory Y- liberating and developmental. Control, achievement and continuous improvement achieved by enabling, empowering and giving responsibility
  4. 7. Are needed to coordinate the transformation from inputs to outputs.
  5. 11. Involves analysis of the company and its environment, creating and implementing strategies to move a company toward its goals and evaluating progress.
  6. 12. Blends modern western management and Japanese management, focus on increasing employee loyalty to company by providing a job for life and strong focus on well- being, workers have high need to be supported by company, high morale
  7. 13. Monetary value of a property or business beyond debts.
  8. 18. All people have three needs: the need to achieve, need for power, need for affiliation
  9. 22. Shows inflow and outflow of cash overtime. Helps to determine if cash will be available when needed. It can show when cash flow is out of balance and can protect the company from seasonal swings in cash flow. Cash budgets are set for at least one year,but it can be developed for any time period that makes sense for the company.
  10. 23. Working of informal social factors, pay attention to worker, and open communication to increase productivity
  11. 27. The level or extent of power or influence a person or position holds within an organization, essentially indicating how much decision making ability and control they have over others, which can vary depending on their role and structure.
  12. 29. Group makes the decision, majority rules
  13. 31. Set amount of money no matter sales/ volume changes Not able to change/adoptSingle budget is prepared
  14. 33. Projects the activities of the company in buying, selling, and paying bills are done on an annual basis. It shows that company’s revenues and expenses for the upcoming fiscal year. Created yearly to plan for the following year.
  15. 34. Group of routine business items that are unanimously approved by the board without discussion or individual motions.
  16. 35. Budget for the cost of performing or program
  17. 37. Comes from respect for or an appreciation of another
  18. 38. Managers make the decision, employees’ ideas not considered
  19. 40. Leaders inspire and motivate their workforce withoutmicromanaging
  20. 42. Two factor theory of motivation- Maintenance/Hygiene: don’t create motivation, but can prevent Motivators: create motivation
  21. 45. The ability to reward another for doing the job
  22. 46. Analyzes flow of customers. Balance line wait with cost of preventing waiting in line
  23. 47. A way to tackle complex problems by combining different models and perspectives. It can be used in a variety of contexts, such as crisis intervention, product development, and operational process improvement.
  24. 48. Generation of ideas by participants and everyone’s opinion are considered to make the decision
  25. 49. Practice of moving efficiently or conserving energy while performing a task
  26. 50. A way of thinking about complex problems by viewing them as a collection of interconnected parts. It’s a holistic, interdisciplinary approach that can be used to solve problems at all levels of complexity
  27. 51. Primarily based on processes and control and requires strict management structure.
Down
  1. 2. A mental framework and graphic that can be used to help leaders identify their own leadership style and the style of their subordinates
  2. 3. Cost of a meal. Often used to determine number of meals sold during a meal service.
  3. 5. Management theory based on: Effort, performance, reward
  4. 8. Focused on punishing bad behavior.
  5. 9. Planning, Organizing, Staffing, Directing, Controlling
  6. 10. Used to plan major, long-term, cash-intensive projects like building new facilities, purchasing major equipment, costs of improvement and repair. Affect changes on the long-term assets portion of the balance sheet Planning for capital acquisitions are done for one to three years
  7. 14. Comes from the position and status in the company
  8. 15. It is a structures communication technique or method, originally developed as a systematic, interactive forecasting method which relies on a panel of experts
  9. 16. Interpersonal role: involves various interactions with other people.Informational role: The manager acts as an information gatherer, an information distributor or a spokesperson for the company. Decisional role: the manager thinks like an entrepreneur, makes decisions about resource allocation, resolves conflicts
  10. 17. Management approach to considering the entire organization when making decisions or allocating resources.
  11. 19. It means that there should be a clear definition of authority in the organization and that this authority flows, one link at a time, through the chain of command
  12. 20. Are the ability to understand complex ideas and situations and develop strategic plans to address them. They can be useful in any role, but are particularly important for managers and leaders
  13. 21. Using the existing budget as base and adds inflation and expected increases
  14. 24. A process in which a manager and an employee agree on specific performance goals and then develop a plant to reach them. It is designed to align objectives throughout an organization and boost employee participation and commitment
  15. 25. Group process involving problem identification, solution generation, and decision-making. It can be used in groups of many sizes, who want to make their decision quickly, as by a vote, but want everyone's opinions taken into account. The method of tallying is difference.
  16. 26. A cost that has aspects of both fixed and variable costs.
  17. 28. Hierarchy of needs that follows this order: Basic needs- physiological, security and safety Higher needs- social, self-esteem, self-realization
  18. 30. A ratio of COGS to average inventory that helps to determine inventory utilization. Ideal range is 2 to 4.
  19. 32. Employees provide input to manager that is considered in decision making
  20. 36. Starts at $0, must justify each expense
  21. 39. Shows inflow and outflow of cash overtime. Helps to determine if cash will be available, we needed. t can show when the cash flow is out of balance and can protect the company from seasonal swings in cash flow. Cash budgets are set for at least one year, but it can be developed for any time period
  22. 41. The number of direct reports a manager or supervisor has. It’s a key metric in business management, especially human resources, because it affects the effectiveness of managers and the performance of their teams
  23. 43. The ability to threaten or punish another for not doing the job
  24. 44. Comes from having an expertise that others do not have