VII. Read the words and word-combinations to the text. Pronounce them correctly after the teacher or read the transcription if your work on your own. Learn their Russian equivalents:

Statement – утверждение

take place – случаться

involve in – вовлекать

demand – требовать

government agency – государственное учреждение

perform – выполнять

staffing – работа с кадрами

determine – определять

achieve – достигать

hiring – прием на работу или увольнение

dismissing – увольнение

objective – цель

supervise – наблюдать, контролировать

profit – прибыль

apply – применять, употреблять

preference – предпочтение

frequently – часто

refer to – относиться к

Management

There is a statement: “Management is getting work done through people.” Most of achievements of any society take place because groups of people get involved in joint effort. Almost everyone is, have been, or someday will be a manager, that is a person who coordinates human, informational, physical, and financial resources of an organization.

Management demands much knowledge of economics and business.

The study of management is important for everyone because many persons presently being trained to be accountants, teachers, or lawyers will one day manage accounting departments, schools and government agencies. A manager usually performs several roles in their daily work. The main functions of managers are planning, organizing, staffing, directing, and controlling.

Planning is defined as the process of determining the objectives of an organization and deciding how to achieve them.

Organizing is known as the process of assigning to the appropriate position the tasks required to achieve the organization objectives.

Staffing (hiring, training, promotion, dismissing) is the process of matching the tasks assigned to certain positions with the right people.

Directing is the process of guiding, leading, and motivating people.

And, the last, controlling is called the process of measuring an organization’s performance against its plans.

Managers are those people who are responsible for making and carrying out decisions within the system, they directly supervise people in an organization. A manager sets objectives and decides what has to be done to reach these objectives. He makes the objectives effective by communicating them to the people that are responsible for various jobs.

Some basic characteristics seem to apply to managers in all types of organizations; they include hard work on a variety of activities, preference for active tasks, direct personal relationships. Managing is a hard job, for there is a lot to be done and relatively little time to do it.

A number of different terms are used for “manager” including “director”, “administrator” and “president”. The term “manager” is used more frequently in profit-making organizations, while the others are used more widely in government and non-profit organizations such as universities, hospitals and social work agencies.

When used collectively the term “management” refers to those people who are responsible for making and carrying out decisions within the system.