RSM100Y1 Study Guide - Comprehensive Midterm Guide: Problem Solving, Sovereign Wealth Fund, Commercial Bank
Document Summary
It is the process of achieving organizational goals through people and other resources. Chapter 7: management, leadership, and the internal organization. Managers job is to combine human and technical resources in the best way possible. These apply to profit and non-profit organization. General managers, plants managers, division managers, branch managers. They elaborate on the plans given by the top level. Watch the day to day operations that involve what the company actually does and work with non- managerial employees. Asses performance and work with the goals they are given. They make the big decisions, such as releasing new products, mergers. The ability to understand and use the techniques, knowledge, tools, and equipment of a specific departments of or area of study. Most important for first time managers: human skills. Are interpersonal skills that help managers communicate with others. This is used to interact with people outside and inside the corporation.
