Chapter 2 - Chapter 2 Managing Organizations and People Who...

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Chapter 2 Managing Organizations and People: Who, What, and Why? In the past decade, the % of US workers classified as “managers” has increased from 11% to 14.5% Manager is a person who integrates the work of others First – Line Managers lowest level of management, also called supervisors Middle Managers dept or agency head, unit chief, district manager, dean Top Managers VP, President, chief operating officer, chairman of the board Organization Systematic arrangement of two or more people who fulfill formal roles and share a common purpose. More efficient than individuals acting independently Markets A means for allocating resources on the basis of bargaining for prices Hierarchy often become more efficient and replace markets by allocating resources through rules and authority relationships Organizational Behavior (OB) has developed to help us better understand the behavior of individuals and groups Management Functions
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