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Unformatted text preview: Management- pursuit of organizational goals efficiently and effectively by integrating work of people through planning, organizing, leading, and controlling organizations resources Efficiency- means of attaining organizations goals using resources wisely and cost effectively Effectiveness- achieve results to make right decisions and successfully carry them out so they achieve the orgs goals Multiplier effect- as a manager, influence on org is multiplied Competitive advantage- ability of an organization to produce goods or services more effectively than competitors do, thereby outperforming them Org must stay ahead in 4 areas 1) being responsive to customers 2) innovation 3) quality 4) efficiency managing for information technology--- using project management software- programs to plan and schedule people costs and resources to complete a project on time managing for sustainability--- economic development that meets the needs of the present without compromising the ability of future generations to meet their own needs...
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This note was uploaded on 10/26/2011 for the course MANAGMNT 301 taught by Professor Staff during the Fall '08 term at UMass (Amherst).
- Fall '08