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Definition
| includes positions such as president, CEO, CFO, and VP |
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Definition
| often responsible for the firm's short term decisions |
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| usually highly involved with the employees who engage in the day-to-day production process |
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Definition
| represents the preparation of a firm for future business conditions |
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Definition
| identifies the firm's main business focus over a long-term period |
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Definition
| smaller-scale plans that are consistent with the firm's strategic plan |
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Definition
| establishes the methods to be used in the near future to achieve the tactical plans |
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Definition
| guidelines for how tasks should be completed |
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Term
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Definition
| steps necesssary to implement a policy |
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Definition
| alternative plans developed for various possible business conditions |
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Term
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Definition
| involves the organization of employees and other resources in a manner that is consistant with the firm's goal |
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Term
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Definition
| the process of influencing the habits of others to acheive a common goal |
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Term
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Definition
| the willingness to take action |
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Term
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Definition
| leadership style reatining full authority for decision making |
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Term
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Definition
| delegate much authority to employees |
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Term
| Participative leadership style |
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Definition
| the leaders accept some employee input but usually use their authority to make decisions |
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Term
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Definition
| involves the monitoring and evaluationof tasks |
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Definition
| have the ability to understand the relationships among the various taks of a firm |
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Definition
| Skills necessary to communicate with customers and employees |
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Term
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Definition
| skills needed to understand the tasks that they manage |
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Term
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Definition
| skills needed so that managers can cause exisiting information to determine how the firm's resources should be allocated |
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Term
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Definition
| the way managers allocate their time when managing tasks |
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