MGMT10002 Lecture Notes - Lecture 1: Sustainable Development, Time Management, Elton Mayo
27 Jul 2018
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Document Summary
Multiplicity of stakeholders dealing with conflicting goals. Environmental uncertainty coping with rapid changes and ambiguity in the environment. Contextual dependence matching managerial style and type of organisations. "management is the attainment of organisational goals in an efficient and effective manner through planning, organising, leading and controlling organisational resources. " Deciding on tasks and use of resources needed to attain them. Designing an organisation capable of fulfilling the plan. Keeping the organisation on track towards its goal. The organisation"s ability to attain its goals by using resources in an efficient and effective manner. Social entity that is goal-directed and deliberately structured. The degree to which the organisation achieves a stated goal. The use of minimal resources, raw materials, money and people, to produce a desired volume of output. Sustainable development practices benefit organisation, environment and society. Emphasis on the "triple bottom line" in terms of the following outcomes:
