BUS 200- Midterm Exam Guide - Comprehensive Notes for the exam ( 35 pages long!)

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 200
• Professor: Wayne Rawcliffe

Document Summary

Managers the people who plan, organize, lead, and control the operations of an organization. Analyze competitive environments and plan, organize, direct, and control operations. Management the process of planning, organizing, leading, and controlling a (cid:271)usi(cid:374)ess"s fi(cid:374)a(cid:374)(cid:272)ial, ph(cid:455)si(cid:272)al, human, and information resources in order to achieve its goals. Planning that po(cid:396)tio(cid:374) of a (cid:373)a(cid:374)age(cid:396)"s jo(cid:271) (cid:272)o(cid:374)(cid:272)e(cid:396)(cid:374)ed (cid:449)ith dete(cid:396)- mining what the business needs to do and the best way to achieve it. Organizing that portion of a (cid:373)a(cid:374)age(cid:396)"s jo(cid:271) (cid:272)o(cid:374)(cid:272)e(cid:396)(cid:374)ed (cid:449)ith (cid:373)o(cid:271)ilizi(cid:374)g the (cid:374)e(cid:272)essa(cid:396)(cid:455) (cid:396)esou(cid:396)(cid:272)es to complete a particular task. Leading (cid:894)or directing(cid:895) that po(cid:396)tio(cid:374) of a (cid:373)a(cid:374)age(cid:396)"s jo(cid:271) (cid:272)o(cid:374)(cid:272)e(cid:396)(cid:374)ed (cid:449)ith guidi(cid:374)g a(cid:374)d (cid:373)oti(cid:448)ati(cid:374)g e(cid:373)plo(cid:455)ees to (cid:373)eet the fi(cid:396)(cid:373)"s o(cid:271)je(cid:272)ti(cid:448)es. Controlling that portio(cid:374) of a (cid:373)a(cid:374)age(cid:396)"s jo(cid:271) (cid:272)o(cid:374)(cid:272)e(cid:396)(cid:374)ed (cid:449)ith (cid:373)o(cid:374)ito(cid:396)i(cid:374)g the fi(cid:396)(cid:373)"s pe(cid:396)fo(cid:396)(cid:373)a(cid:374)(cid:272)e a(cid:374)d, if (cid:374)e(cid:272)essa(cid:396)(cid:455), a(cid:272)ti(cid:374)g to (cid:271)(cid:396)i(cid:374)g it i(cid:374) li(cid:374)e (cid:449)ith the fi(cid:396)(cid:373)"s goals. Top managers those (cid:373)a(cid:374)age(cid:396)s (cid:396)espo(cid:374)si(cid:271)le fo(cid:396) a fi(cid:396)(cid:373)"s o(cid:448)e(cid:396)all pe(cid:396)fo(cid:396)(cid:373)a(cid:374)(cid:272)e a(cid:374)d effe(cid:272)ti(cid:448)e(cid:374)ess a(cid:374)d for developing long-range plans for the company.