GMS 200 Chapter 1: GMS200 - Chapter 1 Notes
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GMS 200 Full Course Notes
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Overview of the 21 st century workplace: organizations must adapt to rapidly changing society, economy is global and driven by innovation and technology, high performing companies gain extraordinary results from people working for them. Nonprofit organizations add wealth to society: productivitiy. An overall measure of the quantity and quality of work performance with resource utilization taken into account: performance effectiveness. An output measure of task or goal accomplishment: performance efficiency. Opportunities to learn and use new skills. Room to grow and progress in a career. Study question #4"s answer: management is the process of planning, organizing, leading, and controlling the use of resources to accomplish performance goals, all managers are responsible for the four functions, the functions are carried on continually. The process of setting objectives and determining what actions should be taken to accomplish them: organizing. The process of assigning tasks, allocating resources, and arranging the coordinated activities of individuals and groups to implement plans: leading.