Unit 8 Flashcards
Managment tasks
Leading
Organization
Control
Planning
Managers
Individuals in buisness
That direct activities
Key role of managers
Carry out visions
Plan/organize activities
Clarify goals/objectives to employees
Qualities of a good manager
Listening
Honesty
Coaching
Style
What’s ment by planning
Defining organizations goals
Establishing overall stratergy
Managers must awnser questions such as:
What has to be done
Who will do it
How will you know it has been done
Managers planning
Provide direction
Reduce impackt of change
Operating buget is divided into 5 parts:
Sales budget Production budget Operating expense buget Cash buget Bugeting income statement
How to draw up a buget
Set realistic goals
Work out what your income will be
Controll your monthly expenses
Organizing
Identify/organize resources
Carry out planned activities
Management decides
How activities are to be done
Who will carry it out
Management
Way of controlling busness
To make it grow
And get profit
