Content text PM final review.pptx
	
		Management  Fourteenth Edition, Global Edition  Chapter 2  Decision Making  Copyright © 2018 Pearson Education, Ltd. All Rights Reserved  
Quick Recap  Management Functions  Planning: Defining goals, establishing strategies to achieve goals, and developing plans to integrate and coordinate activities  Organizing: Arranging and structuring work to accomplish organizational goals  Leading: Working with and through people to accomplish goals  Controlling: Monitoring, comparing, and correcting work  
Efficiency & Effectiveness of Performance  Use minimal resources (doing efficiently - doing thing right) to produce maximum output (doing effectively – doing the right thing)    
Skills Needed at Different Managerial Levels