BUS 082 Lecture Notes - Lecture 10: Decision-Making

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The process of achieving organizational goals through people and other resources. 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. Responsible for developing detailed plans and procedures to implement the firm"s strategic plans. Implement the plans developed by middle managers. Motivate workers to accomplish daily, weekly, and monthly goals. Technical skills: manager"s ability to understand and use the techniques, knowledge, tools, and equipment of a specific department or area of study. Human skills: interpersonal skills that enable a manager to work effectively with and through people. Conceptual skills: ability to see the organization as a unified whole and to understand how each part of the overall organization interacts with other parts. The process of looking forward to future events and conditions and deciding on the courses of action for achieving organizational goals.

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