MGM101H5 Lecture Notes - Lecture 2: Target Market, Value Proposition, Competitive Advantage

37 views4 pages
12 Dec 2016
School
Department
Course
Professor
thomasjalarcon and 38454 others unlocked
MGM101H5 Full Course Notes
25
MGM101H5 Full Course Notes
Verified Note
25 documents

Document Summary

Work ahead it gives you time to get clarification. Working hard does not always result in high grades. Need to demonstrate your depth of knowledge, ability to make connections and apply concepts. Poli(cid:272)y: he"ll a(cid:374)s(cid:449)er a(cid:374)y question up to 24 hours before the test. Read the news, discussion over the reading. Bizcafe simulation results, questions, incident follow up. A manager is responsible for making decisions under the conditions of uncertainty about the allocation of scarce resources to(cid:449)ards a(cid:272)hie(cid:448)i(cid:374)g the orga(cid:374)izatio(cid:374)"s strategic objectives. Management is about asking the right question, effective managers make better decisions. Business scandals: damage control, managing their reputation, businesses are exposed more and preventive measures are being taken by others. Constant change: technology, changing consumer requirements, more businesses entering the market. Better educated workers: larger labour pool of educated workers, smaller labour pool of uneducated where there is a change in availability, they evaluate their conduct. Planning and strategizing organizing leading and developing controlling (repeat)

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents