TAILIEUCHUNG - Lecture Business: A changing world - Chapter 7: Managerial decision-making

After reading this chapter, you will be able to: Define management and explain its role in the achievement of organizational objectives, describe the major functions of management, distinguish among three levels of management and the concerns of managers at each level, specify the skills managers need in order to be successful, summarize the systematic approach to decision making used by many business managers, recommend a new strategy to revive a struggling business. | Chapter Seven Managerial Decision-Making Management A process designed to achieve an organizations objectives by using its resources effectively and efficiently in a changing environment. 7-1 The Functions of Management 7-2 Managers Planning activities to achieve the organization's objectives Organizing resources and activities to achieve the organization’s objectives Staffing the organization with qualified people Directing employees’ activities toward achievement of objectives Controlling the organization’s activities to keep it on course Types of Plans 7-3 Operational Plans Tactical Plans Strategic Plans Specify actions to achieve tactical plans (very short-term) Designed to implement strategic objectives (usually one year or less) Establish long-range objectives Levels of Management First-Line Management Forepersons, Supervisors, Office Managers Middle Management Plant Managers, Division Managers, Department Managers Top Management President, CEO, Executive Vice Presidents 7-4 .

• Kinh tế học
• Lecture Business
• Human resource advantage
• Operations management
• Financial management
• Managerial decision making
• Decision making
• Introduction to business
• Business systems
• Environment of business
• Business enterprise
• Business essentials
• International business
• International business management
• Business environment
• Technological environment
• Conducting business ethically
• Business intelligence
• Lecture Business intelligence
• Technologies enabling business intelligence
• Business intelligence tools
• Development of business intelligence
• Business intelligence solutions
• Business plan
• Financing small business
• Business driven technology
• Lecture Business driven technology
• Technology plug in
• Business plug ins
• Business process
• Business process improvement
• Designing business plan
• Lecture Designing business plan
• Introduction to Business plan
• What is Business plan
• The Business plan
• A plan must pass three tests
• Key elements of a Business plan
• Dynamic business law
• Business law
• Lecture Dynamic business law
• Legal environment of business
• Classification of law
• Criminal law
• Business crime
• Business communication design
• Business communication
• Lecture Business communication design
• Business writing design
• Writing process
• Business writing style
• Managing human resource
• Risk management
• Small business industries
• Contemporary global economy
• Managing human resources
• Labor relations
• Decision making hierarchy
• Informal organization
• Business economics
• Lecture Business economics
• Business applications of economics
• Open economy
• Competitive markets
• Principles of economics
• Economic Models
• Business basics
• Financial statement
• Data mining
• Global information systems
• Cultural business challenges
• Screening business ideas
• Conducting feasibility analysis
• Business idea come from
• Business ideas
• Kinh tế quốc tế
• Lecture International business
• Global business
• Cross cultural business
• Culture matters