BUS-1202 Lecture Notes - Lecture 7: Middle Management, Project Management, Swot Analysis

• School: University of Winnipeg
• Department: BUSINESS AND ADMINISTRATION
• Course: BUS-1202
• Professor: Dennis Ng

Document Summary

7. 1 - define the three types of skills necessary for managerial success. 7. 3 - summarize the major benefits of planning. 7. 3 - distinguish among strategic planning, tactical planning, and operational planning. 7. 5 - contrast the two major types of business decisions. 7. 5 - list the steps in the decision-making process. 7. 7 - discuss the meaning and importance of corporate culture. 7. 8 - identify the five major forms of departmentalization. 7. 8 - identify the four main types of organization structures. Management is the process of achieving organizational goals through people and other resources. The manager"s job is to combine human and technical resources in the best way possible to achieve the company"s goals. It depends; management takes place at many levels. Larger organizations require more managers at different levels. Develop long-range strategic plans for the organization. Inspire executives and employees to achieve their vision for the company"s future. Focus on specific operations, products, or customer groups within an organization.