MAN 3025 Chapter Notes - Chapter 1- 2: Chief Executive Officer, Project Management Software, E-Commerce
Document Summary
Management- pursuit of organizational(company) goal efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organizations resources. (motivating other people to get things done. ) Efficiency- the means of attaining the organizations goals. Effectiveness- the ends / goals; achieve results, make the right decisions, and successfully do it to achieve goals. Organization- a group of people who work together to achieve some specific purpose. Fortune 500- annual list of largest u. s companies on the fortune magazine. Their influence is multiplied beyond what 1 person can do by themselves. Key to career growth is ability to take risks and need confidence. Talent seems like a greater valuable resource than financial capital. Management team can earn around ,000 to 70,000 a year. They also get all kinds of benefits like insurance, vehicle, etc Ability to deal with people is very important. Management process(functions as a manager) : is a cycle.
