This document is a glossary containing definitions of 25 terms related to management principles in both English and Spanish. The terms defined include ability, administration, art, centralization, decentralization, effectiveness, efficacy, efficiency, economy, hierarchy, influence, management, mission, organization, planning, process, production, research, resources, results, science, structure, target, technique, and theory. References used to construct the definitions are also listed.

1. GLOSARRY
TATIANA ALEJANDRA SARMIENTO HERRERA
IVONNE NATALIA GONZALEZ
MARIA FERNANDA LOPERA
EDUCATIONAL FOUNDATION SAN MATEO
FACULTY OF MANAGEMENT
BOGOTÁ
2014

2. PRINCIPLES OF MANAGEMENT
PRINCIPIOS DE ADMINISTRACIÓN
1. ABILITY: HABILIDAD:
A) Power or capacity to do or act physically, mentally, legally, morally, financially, etc.
B) Competence in an activity or occupation because of one's skill, training, or other
qualification: the ability to sing well.
2. ADMINISTRATION: ADMINISTRACIÓN:
A) The management of any office, business, or organization; direction.
B) The duty or duties of an administrator in exercising the executive functions of the
position.
C) The management by an administrator of such duties.
3. ART: ARTE
Any field using the skills or techniques of art: advertising art; industrial art.
4. CENTRALIZATION: CENTRALIZACIÓN: 1.
A) The concentration of administrative power in a central government, authority, etc.
B) Concentration of control or power in a few individuals.
5. DESCENTRALIZATION: DECENTRALIZACIÓN:
A) To distribute the administrative powers or functions of (a central authority) over a less
concentrated area: to decentralize the national government.
6. EFECTIVENESS: EFFECTIVIDAD:
A) Adequate to accomplish a purpose; producing the intended or expected result: effective
teaching methods; effective steps toward peace.
7. EFFICACY: EFICACIA:
A) Capacity for producing a desired result or effect; effectiveness: a remedy of great
efficacy.
8. EFFICIENCY: EFICIENCIA:
A) Accomplishment of or ability to accomplish a job with a minimum expenditure of time
and effort: The assembly line increased industry's efficiency.

3. 9. ECONOMY: ECONOMIA:
A) Thrifty management; frugality in the expenditure or consumption of money, materials,
etc.
B) The management of the resources of a community, country, etc., especially with a view
to its productivity.
10. HIERARCHY: JERARQUIA:
A) Any system of persons or things ranked one above another.
B) The power or dominion of a hierarch.
11. INFLUENCE: INFLUENCIA:
A) The capacity or power of persons or things to be a compelling force on or produce
effects on the actions, behavior, opinions, etc., of others.
B) To disperse (something) from an area of concentration: to decentralize the nation's
industry.
12. MANAGEMENT: GESTION:
A) The act or manner of managing; handling, direction, or control.
B) The person or persons controlling and directing the affairs of a business, institution, etc.:
The store is under new management.
13. MISSION: MISION:
A) An important goal or purpose that is accompanied by strong conviction; a calling or
vocation: She has finally found her mission in life.
14. ORGANIZATIÓN: ORGANIZACIÓN:
A) A group of persons organized for some end or work; association: a nonprofit
organization.
15. PLANNING: PLANEACIÓN:
A) The act or process of making a plan or plans.
16. PROCESS: PROCESO:
A systematic series of actions directed to some end to devise a process.
17. PRODUCTION: PRODUCCIÓN:
A) The act of producing; creation; manufacture.

4. 18. RESEARCH: INVESTIGACIÓN:
A) Diligent and systematic inquiry or investigation into a subject in order to discover or
revise facts, theories, applications, etc.: recent research in medicine.
19. RESOURCES: RESOURCES:
A) Resources, the collective wealth of a country or its means of producing wealth.
20. RESULTS: RESULTADOS:
A) Something that happens as a consequence; outcome.
B) often, results. A desirable or beneficial consequence, outcome, or effect: We had
definite results within weeks.
21. SCIENCE: CIENCIA:
A) A branch of knowledge or study dealing with a body of facts or truths systematically
arranged and showing the operation of general laws: the mathematical sciences.
B) systematized knowledge in general.
C) Knowledge, as of facts or principles; knowledge gained by systematic study.
22. STRUCTURE: ESTRUCTURA:
A) Mode of building, construction, or organization; arrangement of parts, elements, or
constituents: a pyramidal structure.
B) Anything composed of parts arranged together in some way; an organization.
23. TARGET: OBJETIVO:
A) A goal to be reached.
24. TECHNIQUE: TECNICA:
A) Technical skill; ability to apply procedures or methods so as to effect a desired result.
25. THEORY: TEORIA:
A) A coherent group of tested general propositions, commonly regarded as correct, that can
be used as principles of explanation and prediction for a class of phenomena.
B) A particular conception or view of something to be done or of the method of doing it; a
system of rules or principles.
C) The prosperity or earnings of a place.

5. REFERENCES
 http://www.reverso.net/translationresults.aspx?lang=ES&direction=espanol-ingles
 http://dictionary.reference.com/