Across
- 1. involvement Involving employees in the decision-making process
- 4. approach Management approach adapts to the changing circumstances of the business
- 6. Plans of action for achieving goals and objectives.
- 8. teaching staff how to perform a job more effectively
- 9. leadership style leader makes decisions, tells employees what to do and closely supervises workers
- 11. thinking in business Thinking through the implications across a business and a long term into the future.
- 12. developing people through informal communication and coaching with a more experienced person acting as a role model, and the less experienced person seeking this mentorship
- 14. A standard that is measurable and used to evaluate and adjust performance
- 16. engagement Businesses share information and seek input from stakeholders to use in decision making
- 17. management Anticipating with forward planning and action for future benefit from opportunities and to minimise threats.
- 19. morale the general level of satisfaction and wellbeing of employees
- 20. stakeholder interests Negotiating with stakeholders that have competing interests to reach an agreement
- 24. ability to motivate individuals and guide action to achieve important goals
- 25. individuals work together to achieve shared goals
- 26. Planning Plannnig for the long term with effects 3-5 years into the future
- 27. management approach recognises the importance of people in the organisation being consulted and working together as teams to achieve goals
- 30. setting goals and deciding how to achieve them
- 32. Part ownership of a company
- 34. Marketing strategy to inform and persuade customers to purchase a company's products
- 35. Seeing what the possibilities for the future could be
- 36. organisation structure Reduce the chain of command with fewer layers of management
- 37. Evaluating results to benchmarks and modifying processes to achieve set standards
- 38. A person or institution owning shares in a company
Down
- 2. Adapting to changed situations and adjusting courses of action
- 3. goals goals that are specific, measurable, attainable, realistic, and timely
- 5. planning Adapting plans within 1-2 years to achieve more immediate business goals
- 7. making Evaluating alternatives and then choosing a course of action.
- 10. Social Responsibility (CSR) Businesses are accountable to act in the best interests of stakeholders rather than just pursue profits.
- 12. share a company's sales as a percentage of total sales for an industry
- 13. Bottom Line The economic (profit), social (people) and environmental (planet) performance of a business.
- 15. arranging resources and processes to produce a good or service
- 18. or democratic leadership leaders consult with employees and consider their suggestions when making decisions
- 21. approach to management focuses on organisation of work with job specialisation and close supervision to maximise the output of employees
- 22. justice ensure people as employees or members of a community are treated fairly with dignity
- 23. skills Skills that improve relationships with other people
- 28. a new idea is applied to improve an existing process or product
- 29. planning setting work standards and schedules to meet production targets
- 30. maximisation Achieve the greatest difference between revenue and costs
- 31. solving Identifying problems and generating solutions
- 33. sustainable Practices that do not degrade environments, allowing natural resources to continue to be available for future generations