Textbook Notes (368,252)
Canada (161,740)
MGTA01H3 (583)
Chapter 7

chapter 7 notes

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Department
Management (MGT)
Course
MGTA01H3
Professor
Chris Bovaird
Semester
Winter

Description
CHAPTER 7 MANAGERS AND MANAGING management: The process of planning, organizing, leading and controlling a business financial, physical, human, and information resources in order to achieve goals. PLANNING planning: That portion of a managers job concerned with determining what the business needs to do and the best way to achieve it. 1. Establish goals for the organization 2. Identify whether a gap exists between companys desire & actual position 3. Develop plans to achieve goals 4. Implement plans 5. Assess the effectiveness of plans ORGANIZING organizing: The portion of a managers job concerned with mobilizing the necessary resources to co
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