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Principles of Management

18 lessons

One lesson for each chapter of Principles of Management, in the book’s order. The lesson teaches what that chapter says you need to know, then checks it.

  1. 1Managing and PerformingVirtually every study of managers in action has found that they “switch frequently from task to task, changing their focus of attention to respond to issues as they arise, and engaging in a large volume of tasks of…
  2. 2Managerial Decision-MakingStakeholders are all the individuals or groups that are affected by an organization (such as customers, employees, shareholders, etc.)
  3. 3The History of ManagementTable 3.1 traces the development of management thought from the ancient world until the 19th century’s Industrial Revolution
  4. 4External and Internal Organizational Environments and Corporate CultureTo succeed and thrive, organizations must adapt, exploit, and fit with the forces in their external environments.
  5. 5Ethics, Corporate Responsibility, and SustainabilityEthics and business ethics continue to gain influence in corporations, universities, and colleges nationally and internationally.
  6. 6International ManagementInternational management is a critical area for any serious student of management because of globalization , the worldwide phenomenon whereby the countries of the world are becoming more interconnected and where trade…
  7. 7EntrepreneurshipBrothers Fernando and Santiago Aguerre exhibited entrepreneurial tendencies at an early age.
  8. 8Strategic Analysis: Understanding a Firm’s Competitive EnvironmentStrategic analysis is the process that firms use to study and understand the many different layers and aspects of their competitive environment.
  9. 9The Strategic Management Process: Achieving and Sustaining Competitive AdvantageWhile it is useful to discuss the strategic management process in a stepwise fashion, it’s important to point out that the cycle occurs such that everything is being done at once
  10. 10Organizational Structure and ChangeSecond, organizational design is the process of setting up organizational structures to address the needs of an organization and account for the complexity involved in accomplishing business objectives
  11. 11Human Resource ManagementThese are tools that may be used in talent development
  12. 12Diversity in OrganizationsThe term managing diversity is commonly used to refer to ways in which organizations seek to ensure that members of diverse groups are valued and treated fairly within organizations 2 in all areas including hiring…
  13. 13LeadershipSome definitions consider leadership an act or behavior, such as initiating structure so group members know how to complete a task.
  14. 14Work Motivation for PerformanceThis includes the goals (outcomes) the person is expected to achieve and the process by which the goals will be achieved.
  15. 15Managing TeamsWhether you work in a manufacturing environment and utilize self-directed work teams, or if you work in the “ knowledge economy ” and derive benefits from collaboration within a team structure, you are harnessing the…
  16. 16Managerial CommunicationUnderstand and describe the communication process
  17. 17Organizational Planning and ControllingPlans have two basic components: outcome or goal statements and action statements.
  18. 18Management of Technology and InnovationManagement of technology and innovation is critical to the organization.