Business: Chapter 7 vocabulary

Determines to what extent the business is accomplishing the goals it set out to reach.

The effort to direct and lead people to accomplish the planned work of the organization

reward influence results from the leaders ability to give or withhold rewards.

Ability to motivate individuals/groups to accomplish important goals.

Mid-management is the first (lowest) level of management in a business

Way a manager works with and involves its employees.

Identity influence stems from the personal trust and respect members have for the leader

A style in which managers are more collaborative & involve employees decision making

Influence enables a person to affect the action of others

Ethics are the principles of conduct governing an individual or a group

Supervisors are specialists with responsibilities for specific parts of company's operation

Power resulting from the personal characteristics of a leaders rather than formal structure.

The important principles that will guide decision and actions in the company

describes the reason a business exists and what it wants to accomplish

Tactical Management is a style in which the manager is more directive and controlling

Ensures that appropriate standards of conduct are maintained by everyone.

Executives are top-level managers with responsibilities for the direction & success of business

Human relations is the way people get along with each other

Includes all of the activities involved in obtaining , preparing, and compensating .

Process of accomplishing the goals of an organization with effective use of people and resources

Power based on a leader's position within the formal structure of an organization

Analyzing information, setting goals, and making decisions about what needs to be done.