Saturday, June 23, 2012

Essential Processes of Management

TWO ESSENTIAL PROCESSES of MANAGEMENT


DECISION MAKING
- the process of choosing from two or more alternatives

Example:
PLANNING - the manager decides among alternative ways of accomplishing objectives
ORGANIZING - the manager evaluates different grouping of jobs and patterns of authority and responsibility


COMMUNICATING
- the process of exchanging facts, ideas, opinions and emotions between two or more persons
- manager must receive much needed information to be able to plan effectively
- the plan must be communicated if it is to be put into action

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