BUSN 102 Chapter Notes - Chapter 7: Problem Solving, Decision-Making, Middle Management
14 Apr 2016
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More progressive: team building, open work areas. Managers necessary for communicaing strategy, helping prioriize projects, facilitaing cooperaion, and ensuring that processes and systems aligned with company goals. Management process used to accomplish organizaional goals through planning organizing leading, and controlling people and other organizaional resources. Planning anicipaing trends and determining the best strategies and tacics to achieve organizaional goals and objecives: develop strategies to reach those goals, determine resources needed, seing precise standards. Organizing allocaing resources, assigning tasks, and establishing procedures for accomplishing goals: preparing a structure (organizaion chart) showing lines of authority and responsibility, recruiing, selecing, training, and developing employees, placing employees where they"ll be most efecive. Controlling measuring results against corporate objecives: monitoring performance relaive to standards, rewarding outstanding performance, taking correcive acion when necessary. Top management sets the vision for the organizaion and works with others to establish a mission statement. Mission statement outlines the organizaion"s fundamental purposes.
