Bnad 302 Study guides, Class notes & Summaries

BNAD 302 Exam 1 - University of Arizona Latest Update Graded A+ Organization a group of people who work together to achieve some specific purpose Efficient to use resources wisely and cost-effectively (people, money, raw materials) ex: companies now use a recorded "telephone menu" of options to answer customer calls Effective to achieve results, to make the right decisions and to successfully carry them out so that they achieve the organization's goals Burger King decided to...

BNAD 302 Exam 1 - University of Arizona – Questions and Answers

Organization - a group of people who work together to achieve some specific purpose Management is defined as: - 1. The pursuit of organizational goals efficiently and effectively by 2. Integrating the work of people through 3. Planning, organizing, leading and controlling the organization's resources Efficient - To use resources, money, people, raw materials, wisely and cost effectively Effective - To achieve results, to make the right decisions and to successfully carry them out so that ...

A _________ is defined as two or more freely interacting individuals who share collective norms and goals and have a common identity - Group A small group of people with complementary skills who are committed to a common purpose, performance goals, and approach for which they hold themselves mutually accountable is known as a - Team A group established by an organization to accomplish specific goals is called a(n) ______ group. - Formal A group formed by people seeking friendship that has...

Define management - -pursuit of organizational goals efficiently and effectively by -integrating the work of people by -planning, organizing, leading, and controlling the organization's resources What are the rewards of being an exceptional manager? - -higher salary -nicer/bigger office -more benefits (health care, etc.) What would I actually do as a manager? (4 things) - Plan, Organize, Lead, Control What are 7 challenges I can look forward to as a manager? - 1. managing for competitive...

managers operate within an - organization management is defined as - 1. The pursuit of organizational goals efficiently and effectively by 2. Integrating the work of people through 3. Planning, organizing, leading, and controlling the organization's resources effcient - use resources wisely and cost effective effective - achieve results/ organizations goals rewards of studying management - -understand how to deal with organizations from the outside -understand how to relate to your superv...

What is management? - the "art of getting things done through people" How is management formally defined - 1.The pursuit of organizational goals efficiently and effectively, by 2.Integrating the work of people through... 3.Planning, organizing, leading, and controlling the organization's resources To be efficient - to use resources -people, money, raw materials, and the like -wisely and costeffectively To be effective - to achieve results, to make the right decisions and to successfully...

Management is the - "art of getting things done through people" Management is formal defined as - 1. The pursuit of organizational goals efficiently and effectively by 2. Integrating the work of people through 3. Planning, organizing, leading, and controlling the organization's resources Efficient - means to use resources—people, money, raw materials, and the like—wisely and costeffectively Effective - means to achieve results, to make the right decisions and to successfully carry th...

Organization - a group of people who work together to achieve some specific purpose Efficient - to use resources wisely and cost-effectively (people, money, raw materials) ex: companies now use a recorded "telephone menu" of options to answer customer calls Effective - to achieve results, to make the right decisions and to successfully carry them out so that they achieve the organization's goals Burger King decided to add breakfast to its hours of operation in order to increase its cust...

4 major functions of a manager - planning, leading, organizing and controlling effectiveness - to achieve results to make the right decisions and to successfully carry them out so that they achieve organizational goals efficiently - to use resources such as people, money, and raw materials cost efficiently 7 challengers facing managers - competitive advantage, diversity, globalization, information technology, ethical standards, sustainability and managing your own happiness resolving confl...