Intro to Business 1-2 Lesson Flashcard

Front

A furniture store manager has been tasked with increasing the sales of higher-priced items such as couches and mattresses by 25%. So, the manager determines the necessary resources and actions that will need to be taken to reach that goal by: organizing, planning, controlling, staffing

Back

planning

Front

What is the process of recruiting, interviewing, and hiring new employees at Widgets Co. to meet their goal of increasing the customer base by 10%?

Back

staffing

Front

Gathering resources, sharing the plan, and assigning tasks is:

Back

organizing

Front

Tracking data against the goal to increase customer awareness is an example of:

Back

controlling

Front

Complete the statement with the correct term. ______________ includes communicating, motivating, guiding, encouraging, giving directions, following up, coaching, assisting, and reviewing.

Back

Leading

Front

A manager’s ability to make good trade-offs with limited resources, as well as to effectively handle difficult and/or complex business challenges is:

Back

problem-solving skills

Front

A manager’s ability to empathize with people and understand them and their current situation, while also effectively influencing, communicating, and interacting with them is:

Back

people skills

Front

A manager’s ability to quickly learn and perform certain methods, sequences, or processes in order to accomplish a task is:

Back

procedural skills

Front

Inspiring, motivating, influencing and maximizing the efforts of people towards a common purpose is:

Back

leadership

Front

What a company believes, its business practices around how teammates treat one another, and how the company treats its customers is its:

Back

company values