MGT 301 Study Guide - Final Guide: Satisficing, Equal Employment Opportunity, Bill Lear
Document Summary
Efficiency and effectiveness impact organizational performance: efficiency: maximum output and minimum input (doing a lot without using many resources, effectiveness: attaining appropriate goals. Locus of control: internal locus of control: as you look at your life and actions you are controlling them, external locus of control: as you look at your life and actions someone else is controlling them. Career advice: how major in college effects your career: your major does not determine your future so explore widely. Classical method of decision making versus administrative methods of decision making: classical method of decision making: (4 assumptions) Hungry stay foolish(cid:499) (cid:498)all fear of embarrassment of failure fades away in the face of death(cid:499) (cid:498)artistically settle in a way that science cant capture art of leading effectively(cid:499) Corporate strategy and know which organizational strategy goes with it (organizational structures) *management is largely based on decision making: cceo, executives, managers, supervisor, workers. Definition of motivation: a persons individual psychological state that influences the.
