MANAGMNT 301 Study Guide - Comprehensive Midterm Guide: Group Decision-Making, Nominal Group Technique, Corporate Social Responsibility

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Organization a group of people working together, division of labor, for a common purpose. Nature of management the pursuit of organizational goals efficiently and effectively through other people: what managers do- polc. What is management: process series of activities, resources assembling and using, tasks acting in a goal-directed manner to accomplish, activities carried out in an organizational setting. Managerial challenges (think, plan, deliver, review: managing change, managing resources, managing strategically, managing entrepreneurially, long term, large amounts, irreversible, miles and snow, josef schumpeter the creator of the theory of economic growth called creative destruction . Historical approaches to management: ancient china. What managers do: managerial activities differ by: Organization: a group of people working together in a division of labor for a common purpose. Management: as a process: using resources in a goal-directed manner (input p output, earn, as a noun: individuals who carry out management tasks and responsibilities, as a specific group: in negotiations as in management-labor negotiations.