MGMT 309 Chapter 1: Managing and the Manager's Job
Document Summary
Learning outcomes: describe the nature of management, define management and managers, and characterize their importance to contemporary organization. Identify and briefly explain the four basic management functions in organizations: describe the kinds of managers found at different levels and in different areas of the organization. Introduction to management: all organizations use four basic kinds of resources from their environment, human, financial, physical, managerial talent and labor, ongoing and long term operations, raw materials, office and production facilities, equipment. Basic managerial roles and skills: managerial roles. Interpersonal roles: serve as a figurehead, presence as a symbol of the organization is what is of interest, serve as a leader, serve as a liaison, coordinator or link among people. International management has been increasing in importance dramatically: revenues from foreign markets, headquarters in foreign countries. In some respects, the military was one of the first multinational organizations: managing in not-for-profit organizations.