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Chapter 7 Business Vocab Flashcards | StudBud
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Chapter 7 Business Vocab
Chapter 7 Business Vocab
20 terms
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Business Vocab
Flashcards
20 cards
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Questions
20
Answers
1
What is reward influence?
Structured
Result's from a leaders ability to give/withhold rewards
Not structured
Stems from personal trust
2
What is a managers duties when staffing?
Keeping employees happy
Obtaining, preparing, and compensating employees
Setting goals for a business
Determines how a business accomplishes goals
3
Expert Influence is when a group recognizes that the leader has special expertise in an area
False
True
4
What comes with the role of organization?
Determines to what extent the business will accomplish goals
The effort to direct and lead people
Identifying/arranging work and resources to achieve goals
Analyzing info, set goals, and make decisions
5
What is Management style?
Being Directive
The way a manager treats and involves employees
Involving employees in decision making
Being Controlling
6
Mid-Managers are over an area or specific part of operations
True
False
7
How do managers make formal influences?
By their expertise
By what position they hold
In a structured way
How others view them
8
What is the definition of planning?
Process of accomplishing goals
Analyzing info, setting goals, making decisions
To Identify/arrange work & resources needed to achieve goals
The effort to lead a group of people
9
Human Relations are the way people get along with each other
True
False
10
Position Influence is because of the title a person holds
True
False
11
Management is the process of accomplishing goals of an organization through effects of others
False
True
12
How do managers show informal influence?
In a structured manner
Authority because of the title they hold
Personal trust
In a way that is not structured
13
What is Strategical Management?
Directive and controlling form
Less Directive Form, involves employees in decision making
Making Strategies
Being Mean
14
What is influence?
Encouragement
Being dependable
Communication
Enables a person to effect the actions of others
15
Tactical Management is when a manager is direct and controlling
False
True
16
Mixed Management is a mix of both Tactical and Strategical Management styles
True
False
17
What are supervisors?
Workers
C.E.O.'s
Managers in charge of a small part of an operation
Managers in charge of staffing
18
How is Leadership demonstrated?
By being emotionally unstable
By having ambition
By being willing to accomplish goals
By motivating people to accomplish goals
19
What are Core Values?
Morals
Important principles that guide decision making in a company
Ethical Practices
Principles that do not guide companies in the right decision
20
Identity influence results for the leader's ability to give or withhold rewards
True
False
