Business Management chapter five

After reading this chapter, you should be able to: Describe the nature of management and identify the four basic functions that constitute the management process. Identify different types of managers likely to be found in an organization by level and area. Describe the basic skills required of managers. Describe the nature of management and identify the four basic functions that constitute the management process. Identify different types of managers likely to be found in an organization by level and area. Describe the basic skills required of managers. Copyright © 2013 Pearson Education

After reading this chapter, you should be able to: Explain the importance of strategic management and effective goal setting in organizational success. Discuss contingency planning and crisis management in today’s business world. Describe the development and explain the importance of corporate culture. Explain the importance of strategic management and effective goal setting in organizational success. Discuss contingency planning and crisis management in today’s business world. Describe the development and explain the importance of corporate culture. Copyright © 2013 Pearson Education

The Management Process process of planning, organizing, leading, and controlling an organization’s resources to achieve its goals Copyright © 2013 Pearson Education