Boh4m - Study guides, Class notes & Summaries

BOH4M - Business Leadership Final Exam Review 2023...

Organization - groups of people working together to achieve a common outcome or purpose Types of Organizations - for-profit, non-profit, government Functions of Management - 1. Planning 2. Organizing 3. Leading 4. Controlling Levels of Management - 1. Top managers - eg. CEO 2. Middle managers - eg. department heads 3. First-line managers - eg. project managers

The Dynamic New Workplace - - A highly competitive global economy driven by innovation and technology has created unprecedented opportunities and uncertainties in the workplace -High performing companies gain extraordinary results by having high performance expectations and offering supportive work environments Challenges w/ working the in the new economy - Intellectual capital Globalization Technology Diversity Ethics Corporate governance Careers Intellectual capital - - The collecti...

The Dynamic New Workplace - ANS - A highly competitive global economy driven by innovation and technology has created unprecedented opportunities and uncertainties in the workplace -High performing companies gain extraordinary results by having high performance expectations and offering supportive work environments Challenges working the in the new economy - ANS Intellectual capital Globalization Technology Diversity Ethics Corporate governance Careers Intellectual capit...

Organization - ANS groups of people working together to achieve a common outcome or purpose Types of Organizations - ANS for-profit, non-profit, government Functions of Management - ANS 1. Planning 2. Organizing 3. Leading 4. Controlling Levels of Management - ANS 1. Top managers - eg. CEO 2. Middle managers - eg. department heads 3. First-line managers - eg. project managers Skills required for Management - ANS 1. Technical Skills (hands-on, task o...

BOH4M Unit 1; Foundations of Management Exam 2023...

The Hawthorne Studies - studies conducted during the 1920s and 1930s that suggested that pay-based incentives are just as important as feeling like part of a group ( both affect performance) Theory X and Y - Douglas McGregor: two types of workers, therefore there needs to be two types of managers (X and Y) X Manager Approach - (MICROMANAGEMENT)

Value Creation - Occurs when an organization through its operations adds value to the original cost of resource inputs Organizational Performances - Productivity Performance effectiveness Performance efficiency

This is the notes which have taken during the teacher's lecture and privovides the main information of the third chapter of Business Leadership (BOH4M). This lesson covers the ethical behaviour in the business environment