MGM102H5 Lecture Notes - Lecture 1: Financial Ratio, Blue-Collar Worker, Swot Analysis
Document Summary
Managers are responsible for making decisions under conditions of uncertainty about the allocation of scarce resources towards achieving the organization"s strategic objectives. Role is becoming more complex due to the changing environment - manager"s role is evolving w/ broader expectations. What made managers successful 5-20 years ago, is not working now as they did not adapt to new conditions. A national angel investor tax credit program will spur innovation. Markets stabilize as chinese, european stocks rise - recap. Announces intention to restate consolidated financial statements for fiscal year. 2014 and for 2015 interim periods; updates delay in filing of third quarter financial statements - Suspended blue collar workers will remain suspended, labour relations board rules. Case analysis is an effective way of learning and mimicking real life business situations. Challenges and issues real managers had to make. Effective way of preparing for future business careers. 3 cases will be looked at through this course.
