MGMT 3600 Study Guide - Midterm Guide: Lillian Moller Gilbreth, Root Mean Square, Byrsonima Crassifolia

• School: Cal State East Bay, CSU East Bay, CSUEB
• Department: Management
• Course: MGMT 3600
• Professor: Madeline Damkar

Document Summary

Planning and decision making - a part of the planning process, involves selecting a course of action from a set of alternatives. Organizing -determining how activities and resources are to be grouped. Leading -the set of processes used to get members of the organization to work together to further the interests of the organization. Organization - as a group of people working together in a structured and coordinated fashion to achieve a set of goals. Human resources include managerial talent and labor. financial resources are the capital used by the organization to. Physical resources include raw materials, of ce and production facilities, and equipment. Information resources are usable data needed to make effective decisions. Efficient - we mean using resources wisely and in a cost-effective way . Motor corporation, which produces high-quality products at relatively low costs, is ef cient. By effective , we mean making the right decisions and successfully implementing them .