[SMO310] - Midterm Exam Guide - Ultimate 17 pages long Study Guide!

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The principles of management: the means by which you actually manage to get things done through the efforts of others. Planning, organizing, and controlling the basic elements of people. Fundamental notion of principles of management developed by henri fayol. Remains dominant management framework in the world. Empowerment: process of enabling or authorizing an individual to think and take action in autonomous ways. Functional managers: responsible for efficiency and effectiveness of an area. Supervisory or team managers are responsible for coordinating a subgroup of a particular function or team. Line manager: leads a function that contributes directly to a product or service the organization creates aka product or service manager. Staff manger: leads production that creates indirect outputs, supporting roles. Project manager: responsible for planning, execution, and closing of a project. General manager: responsible for managing a clearly identifiable revenue producing unit, oversees everything. Mintzberg: summarized 10 roles of managers into 3 groups: interpersonal, informational, and decisional.

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