3.02 key words

5. management: The process of accessing, processing, maintaining, evaluating, and disseminating knowledge, facts, or data for the purpose of assisting business decision-making.
6. skills: Ability to understand the specialized aspects of jobs.
7. skills: The ability to see the "big picture" and think about how things will work together.
11. management: All managers who are responsible for the operation of the company or a business unit.
12. planning: Long-range planning (three to five years) for the company as a whole.
16. Knowledge, facts, or data presented in a useful form.
18. secret: Undisclosed information within a particular business or industry.
20. function: Groups of activities related to management (i.e., planning, organizing, staffing, directing, and controlling).
21. information system: An integrated technology that assists with an organization's information management needs.
22. resources: People who work to produce goods or services.
23. The management function of providing guidance to workers and work projects.
24. The management function of deciding what will be done and how it will be accomplished.
25. A human resources management activity that involves recruiting, interviewing, hiring, orienting, and dealing with job changes for a company's employees.

1. Fulfilling the requirements of the law.
2. resources: Equipment and supplies used by businesses in their operation.
3. management: Supervisors who work directly with the employees who carry out the business's routine work.
4. development: Steps that an individual takes to enhance or improve skills or traits that are needed to excel in her/his career/profession.
8. The management function that monitors the work effort.
9. Advantages or payments employees receive in addition to their wages (e.g., sick time, holiday pay, health insurance).
10. information: Private information that belongs to an organization and cannot be released to the public.
13. planning:Short-range planning (one year) of specific actions the business will take.
14. skills: The ability to communicate, interact, and build relationships with others.
15. management: Managers who report to top-level management and who have supervisors who report to them.
17. The management function of setting up the way the business's work will be done.
19. processing: Converting facts and figures into useful information.