COMMERCE 1B03 Chapter 8: Chapter 8 Key Terms
18 Dec 2015
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Leadership style that involves making managerial decisions without consulting others. Coming up with as many solutions to a problem as possible in a short period of time with no censoring of ideas. Skills that involve the ability to picture the organization as a whole and the relationships among its various parts. The process of preparing alternative courses of action that may be used if the primary plans do not achieve the organization"s objectives. A management function that involves establishing clear standards to determine whether or not an organization is progressing towards its goals and objectives, rewarding people for doing a good job, and taking corrective action if they are not. Involves reacting to sudden changes in the environment. Dealers, who buy products to sell to others, and ultimate customers (or end users), who buy products for their own personal use.
