Principles of Management / COMPLETE SOLUTIONS

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Management The attainment of organizational goals in an effective and efficient manner through planning, organizing, leading, and controlling organizational resources Four core management function ... s Planning, organizing, leading, and controlling Planning Set goals and ways to attain them Organizing Assign responsibility for task accomplishment Leading Use influence to motivate employees Controlling Monitor activities and make corrections Organization A social entity that is goal directed and deliberately structured Effectiveness Refers to the degree to which the organization achieves a stated goal Efficiency Pertains to the amount of resources- raw material, money, and people- used to produce a desired volume of output Performance The organization's ability to attain its goals by using resources in an efficient and effective manner Conceptual skills The cognitive ability to see the organization as a whole and the relationship among its parts Human skill Manager's ability to work with and through other people and to work effectively as part of a group Technical skill The understanding of and proficiency in the performance of a specific task [Show More]

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Principles of Management-Exam / 100% Verified Answers

Management changes with: Employees, technology, etc Management Key Concepts: Organization People working together and coordinating their actions to achieve specific goals. Goal A desired future...

By MARIA J 3 years ago