MNGT 3810 Lecture Notes - Lecture 1: Cash Flow, Chief Operating Officer, Starbucks

• School: Auburn University
• Department: Management
• Course: MNGT 3810
• Professor: Christine Newman

Document Summary

Organization-a deliberate arrangement of people brought together to accomplish a specific purpose: managers are individuals responsible for planning, organizing, leading and controlling within an organization, organizations: businesses and professional sports and international or global businesses. Top managers: make decisions about the direction of an organization. Team leaders: manage activities of a work team. Examples: top managers: ceo, cfo, coo, middle managers: agency head, division manager, project leader, first-line managers: unit coordinator, shift managers, team leaders: team leader for a specific project probably do not have the same responsibilities as first line. Efficiency: doing things right: examples, effectiveness ordering a chicken sandwich and fries; if the customer receives the correct order, efficiency- how quickly the customer got the order. Is the job universal: level in the organization, planning, organizing, leading, controlling, size of the organization, profit vs. not-for-profit, for profit: turning a profit and have investors (generally).