Ch 19 Pro MGMT Flashcards
empowerment
authorization of employees to make decisions or take actions on their own
self managed work teams
group of employees with freedom to function without direct supervision
professional manager
manager who uses systematic, analytical methods of management
long range plan (strategic plan)
firms overall plan for the future
short range plan
a plan that governs a firms operations for one year or less
budget
a document that expresses future plans in monetary terms
chain of command
official channel of communication in on organization
line organization
simple organizational structure in which each person reports to one supervisor
line and staff organization
structure that includes staff specialists who assist managers
span of control
number of employees who are supervised by one manager
delegation of authority
granting to subordinates the right to act or make decisions
Service Corps of Retired Executives (Score)
SBA sponsored group of retired executives who give free advice to small business owners
small business development centers (SBDC)
university affiliated centers offering consulting education and other support to small business pwners