"CLEP Principles of Management," Vocabulary from Chapter 10

This list focuses on budgeting and control.

Here are links to all the chapters of the test prep book published by Research & Education Association: Chapter 1, Chapter 2, Chapter 3, Chapter 4, Chapter 5, Chapter 6, Chapter 7, Chapter 8, Chapter 9, Chapter 10, Chapter 11, Chapter 12, Chapter 13, Chapter 14, Chapter 15

For more detailed review, learn this list: The MGMT Solution
25 words 9 learners

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Full list of words from this list:

words only definitions & notes
  1. control
    power to direct or determine
  2. establish
    institute or enact
  3. compare
    examine and note the similarities or differences of
  4. emphasis
    special importance or significance
  5. prevent
    keep from happening or arising; make impossible
  6. concurrent
    occurring or operating at the same time
  7. quality
    a degree or grade of excellence or worth
  8. excellence
    possessing good qualities in high degree
  9. visionary
    a person with unusual powers of foresight
  10. constancy
    the quality of being enduring and free from change
  11. deviation
    a variation from the standard or norm
  12. defect
    an imperfection in an object or machine
  13. progressive
    advancing in severity
  14. discipline
    the act of punishing
  15. clan
    group of people related by blood or marriage
  16. bureaucratic
    of or relating to unnecessary procedures and red tape
  17. budget
    a summary of intended expenditures
  18. revenue
    the entire amount of income before any deductions are made
  19. profit
    excess of revenues over outlays in a given period of time
  20. investment
    laying out money or capital in an enterprise
  21. displacement
    the act of taking the position of another
  22. inversion
    turning upside down; setting on end
  23. provision
    a stipulated condition
  24. flexible
    able to adjust readily to different conditions
  25. rigid
    incapable of compromise or flexibility
Created on Wed Nov 02 11:05:44 EDT 2016 (updated Tue Nov 15 11:40:06 EST 2016)

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