Types and levels of management - CORRECT ANSWER- (Top to Bottom)
1. Top managers
2. Middle Managers
3. First-Line Managers
4. Non-managerial Workers
Management Process - CORRECT ANSWER- (People Only Like Cookies)
planning, organizing, leading, controlling
Planning - CORRECT ANSWER- The process of setting performance objectives and
determining what actions should be taken to achieve them
Organizing - CORRECT ANSWER- The process of assigning tasks, allocating resources and
coordinating the activities of individuals and groups
Leading - CORRECT ANSWER- The process of arousing people's enthusiasm to work hard
and inspiring their efforts to fulfill plans and accomplish objectives.
Controlling - CORRECT ANSWER- is the process of measuring performance and taking
action to ensure desired results
Forecasting - CORRECT ANSWER- attempts topredict the future.
Benchmarking - CORRECT ANSWER- The approach that uses external comparisons to gain
insights for planning
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller MGRADES. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
