MGTA02H3 Chapter Notes - Chapter 1: Ikea, Human Resource Management, Value Chain
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MGTA02H3 Full Course Notes
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Mission: business: an organized effort, formed for a purpose, mission: the reason why a business exists and the goals that it is trying to accomplish. In recent years, many businesses have chosen to articulate that purpose and direction through the creation of a publicly enunciated mission statement. Most businesses strive to communicate, briefly and clearly, the reason they exist and the goals they are trying to accomplish. Ikea: we shall offer a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them. The process of management: managing: the process of planning, organizing, leading and controlling resources in order to accomplish a task, managers: individuals responsible for planning, organizing, leading and controlling resources in order to accomplish a task. Planning: planning: determining what needs to be done to accomplish a task, and the best way to accomplish it.
