MGMT 303 Study Guide - Midterm Guide: Firstline, Triple Bottom Line, Human Relations Movement
14 Dec 2020
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Document Summary
Management is defined as: the pursuit of organizational goals efficiently and effectively by. Integrating the work of people through: planning, organizing, leading, and controlling the organization"s resources. To be efficient means to use resources (people, money, raw materials, etc. ) wisely and cost- effectively. To be effective means to achieve results, to make the right decisions and to successfully carry them out so that they achieve the organization"s goals. Planning: you set goals and decide how to achieve them. Organizing: you arrange tasks, people, and other resources to accomplish the work. Leading: you motivate, direct, and otherwise influence people to work hard to achieve the organization"s goals. Controlling: you monitor performance, compare it with goals, and take corrective action as needed. Rewards and challenges of being an exceptional manager. Levels of management define the 4 levels of management and tasks of a manager at each level.
