MGT 3200 Study Guide - Midterm Guide: Vertical Integration, Foot Locker, Market Environment

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effectiveness is concerned with doing the right thing in the right time, in the right way; goal attainment, market share increasing (ends) more concerned with efficiency, the harder it is to be effective (i. e. when you try too hard to cut costs, you can lose sight of your goals) it is an art (cid:271)e(cid:272)ause it"s a(cid:374) e(cid:454)te(cid:374)sio(cid:374) of people"s perso(cid:374)alities; it (cid:272)a(cid:374)(cid:374)ot all (cid:271)e taught a(cid:374)d there are (cid:373)a(cid:374)(cid:455) different management styles that can be successful (management in practice)

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