MGT 210 Lecture 20: MGT 210 Compilation
Document Summary
Management- process of working with people and resources to accomplish organizational goals. Efficient use resources wisely and cost effectively. Effective achieve results and make the right decisions and carry them out to meet goals. Planning making decisions about goals and activities that overall organization will pursue analyzing current situations, anticipating the future, determining objectives, deciding in what types of activities the company will engage. Planning is deciding in advance - what to do, when to do & how to do. It bridges the gap from where we are & where we want to be . Organizing assembling & coordinating the human, financial & other resources to achieve goals. Determining and providing human and non-human resources to structure. Leading- stimulating people to be high performers sets in motion the action of the people. Controlling monitoring performance and making needed changes. Process of checking whether or not proper progress is being made towards goals.
