Unit 8 Leadership & Management Vocabulary

3. A business that changes raw materials into finished goods.
5. any tangible good (e.g., car, clothing, etc.) designed to fulfill a consumer need or desire, exchanged for money
7. The process of achieving company goals by planning, organizing, directing, controlling, and evaluating the effective use of resources.
9. A group of individuals with different skills and different tasks who work together to achieve a common goal.
10. A business that purchases goods from a wholesaler and sells them to the consumer (the final buyer of the goods).
13. Evaluating results to see if objectives have been accomplished as planned.
15. The task of evaluating, recruiting, selecting, training, and placing appropriate individuals into defined job roles.
17. A business that moves goods from one business to another.
19. The ability to influence individuals and groups to achieve organizational goals.
20. A visual representation that shows the structure of a company and the relationships among workers.

1. A business that makes finished products out of processed goods.
2. any intangible experience that is performed for someone in exchange for money
4. The management function responsible for arranging resources to complete work.
6. Producer, Processor, Manufacturer, Wholesaler, Retailer.
8. A set of factors that influence an individual's actions toward accomplishing a goal.
11. A person who administrates, plans and budgets to carry out goals, organizes the work and assigns staff to various roles, monitors results, and provides solutions to ongoing activities.
12. Processing information and making decisions about what needs to be done.
14. A person who influences, establishes direction, aligns people with goals, motivates, and inspires, and gives and receives feedback.
16. A business that gathers raw goods.
18. Function of management involves carrying out plans and helping employees work effectively.