MGT 1001- Final Exam Guide - Comprehensive Notes for the exam ( 40 pages long!)
Document Summary
If we don"t reach the goal, we need to figure out why and determine what we did or didn"t do: result of scientific management: more production and improved chances of reaching or exceeding your goal. There are a lot of regulations which costs the company customers: trump is reducing the corporate tax rate so companies will stay in. Management is : management: getting work done through others. Managerial roles: interpersonal roles, management jobs are people-intensive and require you to work with others, three sub-roles: figurehead role, leader role, and liaison role, figurehead role: managers perform ceremonial duties. The company representative: leader role: managers motivate and encourage workers to accomplish organizational goals, and to act as leaders it could be a good idea to establish challenging goals, liaison role: managers deal with people outside their units. Right to give orders , should be commensurate with the manager"s responsibility.