High-level machine intelligence (HLMI) – the phenomenon that machines can perform any task better and cheaper than humans without human assistance.

Managerial actions – a real activity, which a manager does in order to play a managerial role when he has a certain managerial skill.

Managerial role – areas of professional activities that are undertaken by a manager.

Managerial skill – the ability to work effectively in the role of a team leader and to build cooperation in the team that this manager leads.

Managerial style – a preferred way of managing people in order to bind together diverse activities and functions, as well as to exercise control over employees.