Page 188 - Introduction to Business

5

Managing and

Organizing Business

Introduction Learning Objectives
Understanding Management After studying this chapter, you should be able to
The Management Process 1 Describe the strategic planning process,
Planning including the establishment of strategic
Organizing goals, strategy formulation, and strategy
implementation.
Directing
Controlling 2 Discuss the special planning elements of
succession planning, innovation planning,
Kinds of Managers
and contingency and crisis planning.
Levels of Management
3 Explain chains of command, organiza-
Areas of Management
tional charts, and job specialization.
Management Skills 4 Analyze and describe different types of
Technical Skills departmentalization within organizations.
Conceptual Skills
5 Describe different types of delegation of
Human Relations Skills authority within organizations.
International Skills
6 Explain briefly the directing and
Careers in Management controlling functions of the management
process, including the use of six sigma
initiatives.
7 Describe the basic kinds of managers
within organizations.
8 Analyze the different types of skills that go
into making effective managers.

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