[MGT 300] - Final Exam Guide - Ultimate 37 pages long Study Guide!
Document Summary
Is the process of working with people and distributing an organization"s resources to achieve goals efficiently and effectively. F i g u r e 1 . Management can be both people-focused (art) and technical (science). Managers have the ability to make a difference, not only within the boundaries of the company itself but within the lives of their employees. Management can make a difference through people by investing in wellness programs, training and education, retirement accounts, healthcare benefits, career advancement opportunities, and flexible environments where work is fun, engaging, meaningful, and productive. To make a difference through profit, managers make sure that their company is financially healthy so it can offer employees stable jobs, hire new college graduates, reward investors, and support local and global causes. To make a difference for the planet, companies must concentrate on communities and causes as well.
