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Management 300 Week 1

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by: Alexa Rains

Management 300 Week 1 MGT 300

Alexa Rains
GPA 3.76

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About this Document

These notes cover Chapter 1.
Management 300
Class Notes
Management, business
25 ?




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1 review
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"Amazing. Wouldn't have passed this test without these notes. Hoping this notetaker will be around for the final!"
Gage Hilpert Jr.

Popular in Management 300

Popular in Business, management

This 1 page Class Notes was uploaded by Alexa Rains on Saturday January 30, 2016. The Class Notes belongs to MGT 300 at University of Alabama - Tuscaloosa taught by Badrach in Fall 2016. Since its upload, it has received 58 views. For similar materials see Management 300 in Business, management at University of Alabama - Tuscaloosa.


Reviews for Management 300 Week 1

Star Star Star Star Star

Amazing. Wouldn't have passed this test without these notes. Hoping this notetaker will be around for the final!

-Gage Hilpert Jr.


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Date Created: 01/30/16
MGT  300  Chapter  1     It’s  a  new  world     The  internet  and  Intellectual  Capital     Knowledge  Workers  -­‐  job  involves  handling  or  using  information     Globalized  Economy  -­‐  the  interdependence  of  national,  regional  and  local  economies              across  the  world   Heightened  Transparency     Ethics  and  Ethical  Decision  Making     Corporate  governance  -­‐  boards  and  oversight   Changing  work  realities     Workforce  diversity       new  perceptions  of  the  roles  of  groups  of  people  in  the  workforce  (gender,         ethnicity,  race,  socioeconomic  class)     New  definition  of  what  ‘career’  means       Mastery,  networking,  entrepreneurship,  technology,  marketing,  renewal     Free-­‐agent  economy       Free  agent  -­‐  a  person  who  does  not  have  any  commitments  that  restrict  their         actions       More  and  more  people  consider  themselves  to  be  free  agents  instead  of  long-­‐       term  employees     Self-­‐management  -­‐  taking  responsibility  for  one's  own  behavior  and  well-­‐being                          Employers  distribute  responsibilities  to  employees  and  then                          allows  them  to  self  manage   The  ‘Organization’     An  open  system     Productivity  -­‐  quantity  and  quality  of  resource  use       Effectiveness  vs  efficiency   Management     Managers  help  others  achieve  work  outcomes       Top  managers  -­‐  “C”  levels       Middle  managers  -­‐  division/region/plant       First-­‐Line  managers  -­‐  department/team   The  Management  Process     Planning  -­‐  setting  objectives     Controlling  -­‐  measuring  performance     Leading  -­‐  inspiring  others     Organizing  -­‐  arranging  tasks,  people,  and  resources     Technical  skills,  interpersonal  skills,  critical  thinking     Self  assessment  -­‐  career  readiness  (The  Big  20)    


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