ADM 1300 Lecture Notes - Swot Analysis, Espn Bottomline, Henri Fayol

• School: University of Ottawa
• Department: Administration
• Course: ADM 1300
• Professor: Matthew Archibald

Document Summary

The process of using resources to achieve goals effectively and efficiently (the goal decides results) Manager the person responsible for supervising resources to achieve goals (first level managers need to have technical skills) The amount of resources incurred to produce goods and services (doing. How well the organization is doing in meeting its goals (doing the right things) Henri fayol was the first to describe the 4 managerial functions. Used to select goals and a course of action. Develop plan (how to improve the revenue by %) Must use: power, persuasion, communication, and motivation (allow employees to communicate with you as well) Evaluates how organization is doing in achieving goals. Set performance standards, monitor performance, compare actual with standards, make corrections. Also allows managers to measure themselves in other 3 areas. To make people happy walt disney company. Create experiences that combine the magic of software with the power of internet services across devices microsoft.