WGU - C483 Principles of Management 2021/2022 (Full)

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WGU - C483 Principles of Management 2021/2022 (Full) Conceptual and decision skills ✔✔Skills pertaining to the ability to identify and resolve problems for the benefit of the organization and i... ts members. Controlling ✔✔The management function of monitoring performance and making needed changes. Cost competitiveness ✔✔Keeping costs low to achieve profits and be able to offer prices that are attractive to consumers. Emotional intelligence ✔✔The skills of understanding yourself, managing yourself, and dealing effectively with others. Frontline managers ✔✔Lower-level managers who supervise the operational activities of the organization. Innovation ✔✔The introduction of new goods and services. Interpersonal and communication skills ✔✔People skills; the ability to lead, motivate, and communicate effectively with others. Knowledge management ✔✔Practices aimed at discovering and harnessing an organization's intellectual resources. Leading ✔✔The management function that involves the manager's efforts to stimulate high performance by employees. Management ✔✔The process of working with people and resources to accomplish organizational goals. Middle-level managers ✔✔Managers located in the middle layers of the organizational hierarchy, reporting to top-level executives. Organizing ✔✔The management function of assembling and coordinating human, financial, physical, informational, and other resources needed to achieve goals. Planning ✔✔The management function of systematically making decisions about the goals and activities that an individual, a group, a work unit, or the overall organization will pursue. Quality ✔✔The excellence of your product (goods or services). Service ✔✔the speed and dependability with which an organization delivers what customers want. Social capital ✔✔Goodwill stemming from your social relationships. Speed ✔✔Fast and timely execution, response, and delivery of results. Sustainability ✔✔The effort to minimize the use of resources, especially those that are not polluting and nonrenewable. Technical skill ✔✔The ability to perform a specialized task involving a particular method or process. Top-level managers ✔✔Senior executives responsible for the overall management and effectiveness of the organization. Value ✔✔The monetary amount associated with how well a job, task, good, or service meets the user's needs. Barriers to entry ✔✔Conditions that prevent ne [Show More]

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