1.0: unit one major concepts + review
ideally, you should be able to define all of these terms in your own words without notes
organizational structure
flat vs hierarchical organizations
levels of management
- board of directors: stockholder interest
- executives/C-suite: company-wide management (top level)
- middle management: specialized areas
- supervisors: direct management of employees
management
functions
- plan (analyze info, make decisions)
- organize (efficiency and allocation of resources)
- implement (efficient execution of plan)
- control (evaluate results)
theories
- classical (science)
- administrative (organization)
- behavioral (value)
- quality (results)
purposes
- stockholder vs stakeholder value
must-know in-class examples
Fog of War -- classical management
Cargill -- administrative management
NUMMI -- quality management
CARE Counseling -- behavioral management