ADM 1300 Lecture Notes - Lecture 1: Natural Environment, Impression Management, Work Unit

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ADM 1300 Full Course Notes
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ADM 1300 Full Course Notes
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Business: all profit seeking activities and enterprises that provide goods and services necessary to an economic system. Profits: rewards for businesspeople who take the risks involved to offer goods and services. A collection of people working together to achieve a common purpose. Organizations provide useful goods and/or services that return value to society and satisfy customer needs. Ex: repair, cleaning, hotels,restaurants, landscaping, retail hairdressers, gyms. Defined as the art and science of getting things accomplished through others in organizations. There are different roles of management -------------> first level - mobilization, second. Top managers (responsible for the performance of the organization as a whole or for one of its larger parts) Middle managers (in charge of relatively large departments or divisions) Team leaders or supervisors (in charge of a small work group of non-managerial workers) Management is the process of planning, organizing, leading, and controlling the use of resources to accomplish performance goals.

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