Chapter 6

2. have no formal income but rely solely on dividends and interest payments
4. situation where business has problems and employees lose their jobs through no fault of their own
5. interpersonal aspect of management which deals directly with influencing, guiding, supervising and motivating subordinates towards the achievement of the business goals
7. the ability to keep on going despite being knocked down
8. it deals with looking at the future of the business and how it can be achieved
12. measures the accomplishment of tasks against set standards. Involved in the correction of any deviations to ensure the business achieves its desired goals
13. person who has a very open way of running the team and/or business. They encourage the workers to share their ideas and information
16. dictates policies and producers as well as deciding what goals are to be achieved
18. people who are willing and able to work, but cannot find a job
19. moms who can afford to stay at home to raise their children,the toughest job in the world with no formal income
20. as soon as the survival needs are satisfied, the need for physical and financial security will develop

1. people over the age of 65 who have a pension fund and can afford to retire
3. is the process of bringing together all the physical, financial and human resources needed to achieve the goals of the business
6. people who spend their time and money helping others in charitable causes for the good of mankind
9. gives the least guidance to subordinates, and tries to achieve control through less obvious means
10. gathers followers through personality and charm, rather than any from of external power or authority
11. this is when someone is forced to leave their job as a result of doing something wrong
14. person who plans, leads organizes and controls the allocation of human, material, financial and informational resources in the business; with the view of achieving the business goals
15. commitment to their dream and the process needs to fulfill it
17. a leader that gathers followers through personality and charm