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- https://biz.libretexts.org/Courses/Concordia_University_Chicago/Principles_of_Management/10%3A_Human_Resource_Management
- https://biz.libretexts.org/Courses/Concordia_University_Chicago/Principles_of_Management/04%3A_Entrepreneurship/4.11%3A_SummaryA formal written statement that describes in detail the idea for a new business and how it will be carried out; includes a general description of the company, the qualifications of the owner(s), a des...A formal written statement that describes in detail the idea for a new business and how it will be carried out; includes a general description of the company, the qualifications of the owner(s), a description of the product or service, an analysis of the market, and a financial plan. Prepare a detailed outline for the business plan, including the objectives for the business and the types of information you would need to develop product, marketing, and financing strategies.
- https://biz.libretexts.org/Courses/Concordia_University_Chicago/Principles_of_Management/03%3A_Leadership/3.04%3A_The_Leadership_ProcessTo the extent that leadership is the exercise of influence, part of the leadership process is captured by the surrender of power by the followers and the exercise of influence over the followers by th...To the extent that leadership is the exercise of influence, part of the leadership process is captured by the surrender of power by the followers and the exercise of influence over the followers by the leader (Hollander & Julian, 1969).
- https://biz.libretexts.org/Courses/Concordia_University_Chicago/Principles_of_Management/10%3A_Human_Resource_Management/10.03%3A_An_Introduction_to_Human_Resource_ManagementIn the book HR From the Outside In (Ulrich, Younger, Brockbank, Younger, 2012), the authors describe the evolution of HR work in “waves.” Wave 1 focused on the administrative work of HR personnel, suc...In the book HR From the Outside In (Ulrich, Younger, Brockbank, Younger, 2012), the authors describe the evolution of HR work in “waves.” Wave 1 focused on the administrative work of HR personnel, such as the terms and conditions of work, delivery of HR services, and regulatory compliance.
- https://biz.libretexts.org/Courses/Concordia_University_Chicago/Principles_of_Management/13%3A_Managerial_Communication
- https://biz.libretexts.org/Courses/Concordia_University_Chicago/Principles_of_Management/05%3A_Ethics_Corporate_Responsibility_and_Sustainability/5.05%3A_Ethical_Principles_and_Responsible_Decision-MakingFor example, the following precautionary actions might have prevented the disaster: updating the equipment and machinery that failed in the BP and the Exxon Valdez oil crises and investment banks and ...For example, the following precautionary actions might have prevented the disaster: updating the equipment and machinery that failed in the BP and the Exxon Valdez oil crises and investment banks and lending institutions following rules not to sell subprime mortgages that could not and would not be paid, actions that led to the near collapse of the global economy.
- https://biz.libretexts.org/Courses/Concordia_University_Chicago/Principles_of_Management/12%3A_Managing_Teams/12.07%3A_Multicultural_TeamsAn individual must have a level of awareness and understanding of the new culture to adapt to the style, pace, language, nonverbal communication, etc., and work together successfully with the new cult...An individual must have a level of awareness and understanding of the new culture to adapt to the style, pace, language, nonverbal communication, etc., and work together successfully with the new culture. By following best practices and avoiding the challenges and pitfalls that can derail a multicultural team, a team can find great success and personal fulfillment well beyond the boundaries of the project or work engagement.
- https://biz.libretexts.org/Courses/Concordia_University_Chicago/Principles_of_Management
- https://biz.libretexts.org/Courses/Concordia_University_Chicago/Principles_of_Management/12%3A_Managing_Teams/12.06%3A_Team_DiversityA study published in the Journal of Personality and Social Psychology showed that people from diverse backgrounds “might actually alter the behavior of a group’s social majority in ways that lead to i...A study published in the Journal of Personality and Social Psychology showed that people from diverse backgrounds “might actually alter the behavior of a group’s social majority in ways that lead to improved and more accurate group thinking.” In the study, the diverse panels raised more facts related to the case than homogenous panels and made fewer factual errors while discussing available evidence.
- https://biz.libretexts.org/Courses/Concordia_University_Chicago/Principles_of_Management/13%3A_Managerial_Communication/13.03%3A_The_Process_of_Managerial_CommunicationInterpersonal communication allows employees at all levels of an organization to interact with others, to secure desired results, to request or extend assistance, and to make use of and reinforce the ...Interpersonal communication allows employees at all levels of an organization to interact with others, to secure desired results, to request or extend assistance, and to make use of and reinforce the formal design of the organization. Encoding is influenced by the sender’s previous experiences with the topic or issue, her emotional state at the time of the message, the importance of the message, and the people involved.
- https://biz.libretexts.org/Courses/Concordia_University_Chicago/Principles_of_Management/14%3A_Direct_Online_Social_Media_and_Mobile_Marketing/14.02%3A__The_Promotion_Mix_and_Its_ElementsAfter determining and defining the target market, creating a good product, selecting a pricing strategy and optimal price, and deciding on the distribution method, the marketer is ready to communicate...After determining and defining the target market, creating a good product, selecting a pricing strategy and optimal price, and deciding on the distribution method, the marketer is ready to communicate with the customer. While consumers can still “clip” coupons and redeem them at the point of sale to receive savings on the products they buy, many companies are making coupons available through mobile apps and discount codes to apply at the point of sale through an e-commerce store.