Management

Annotations:

• is the attainment of organizational goals in an effective and efficient manner through planning, organizing, leading, controlling organizational resources
• Managers get things done by coordinating & moving other people. Often a different experience from what people expect.

1. Planning, organizing, leading, & controlling
   1. 4 core mgt functions
   2. Planning is setting goals & deciding activities
   3. Organizing activities & people
   4. Leading is motivating, communicating with, & developing people
   5. Controlling is establishing targets & measuring performance
2. Attainment of organizational goals in an effective and efficient manner
   1. Organzation is a social entity that is goal directed & deliberately structured
      1. Social entity--being made up of 2 or more people
      2. Goal directed--designed to achieve some outcome.

         Annotations:

         • Wal-Mart (Profit) United Methodist Church (spiritual need)
      3. Deliberately Structured-- task are divided & responsibility for their performance is assigned to organization members
   2. Effectiveness is the degree to which the organization achieves a stated goal, or succeeds in accomplishing what it tries to do.
   3. Efficiency refers to the amount of resources used to achieve an organizational goal