MGM101H5- Final Exam Guide - Comprehensive Notes for the exam ( 142 pages long!)

• School: UTM
• Department: Management
• Course: MGM101H5
• Professor: Dave Swanston

Document Summary

Ceo articulated a grand vision that includes environmentally friendly technologies: cost-efficient, customers will increasingly demand them. At microsoft, ceo constantly reviewing competitive, technological, and regulatory trends in the markets in which microsoft competes: he also monitors the performance of diff units within microsoft, assessing how well. Managerial motivation: desire to compete for management jobs, ex. 2: in a bureaucracy, people should occupy positions because of their performance, not because of their social standing or personal contacts: some industries affected by social networks in which relations, not job related skills influence hiring and promotions. 4: for authority to be exercised effectively, positions should be arranged hierarchically. This helps employees know whom to report to and who reports to them. Airbus, poor execution of tactics even though they had a good strategydecentralized manufacturing etc resulted in delays, penalties incurred. It is changing all the time: must continually assess and reassess market conditions.