Exam 4 bnad 302 - Study guides, Class notes & Summaries

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...