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- https://biz.libretexts.org/Courses/Prince_Georges_Community_College/BMT_1550%3A_Supervision_(Perry_2021)/03%3A_Evaluate_the_various_communication_techniques_(phone_fax_e-mail_mail_face_to_face_etc.)_usedin_business_organizations_and_when_where_and_why_they_are_appropriate./3.05%3A_Factors_Affecting_Communications_and_the_Roles_of_ManagersThis role, in which managers establish and maintain contacts outside the vertical chain of command, becomes especially important in view of the finding of virtually every study of managerial work that...This role, in which managers establish and maintain contacts outside the vertical chain of command, becomes especially important in view of the finding of virtually every study of managerial work that managers spend as much time with peers and other people outside of their units as they do with their own subordinates.
- https://biz.libretexts.org/Bookshelves/Management/Principles_of_Management_(OpenStax)/06%3A_International_Management/6.02%3A_Importance_of_International_ManagementInternational management is a critical area for any serious student of management because of globalization, the worldwide phenomenon whereby the countries of the world are becoming more interconnected...International management is a critical area for any serious student of management because of globalization, the worldwide phenomenon whereby the countries of the world are becoming more interconnected and where trade barriers among nations are disappearing. Companies of all kinds are no longer limited to producing and selling their goods and services in domestic markets.
- https://biz.libretexts.org/Bookshelves/Management/Principles_of_Management_(OpenStax)/08%3A_Strategic_Analysis_-_Understanding_a_Firms_Competitive_Environment/8.06%3A_The_Internal_EnvironmentThe goal is for the firm to add enough value so that its customers will believe that the product is worth buying for a price that is higher than the costs the firm incurs in making it. The driver, usu...The goal is for the firm to add enough value so that its customers will believe that the product is worth buying for a price that is higher than the costs the firm incurs in making it. The driver, usually an independent contractor for the service (meaning they are just a person with a car that has signed up to provide rides in exchange for a portion of the fare the customer pays), picks up the customer and drives them to their destination.
- https://biz.libretexts.org/Bookshelves/Management/Principles_of_Management_(OpenStax)/01%3A_Managing_and_Performing/1.01%3A_IntroductionYou may be an accounting or marketing major who is taking this class because it is required for completion of your degree requirements, but you don’t think that you will ever require what you learn in...You may be an accounting or marketing major who is taking this class because it is required for completion of your degree requirements, but you don’t think that you will ever require what you learn in this class during your career since you don’t plan on applying for HR jobs upon graduation.
- https://biz.libretexts.org/Bookshelves/Management/Principles_of_Management_(OpenStax)/09%3A_The_Strategic_Management_Process_-_Achieving_and_Sustaining_Competitive_Advantage/9.05%3A_Strategic_Objectives_and_Levels_of_StrategyCorporate strategy tries to achieve the same thing, and CEOs have to weigh the pros and cons of each business unit and how it is contributing to the success of the overall corporation. For example, a ...Corporate strategy tries to achieve the same thing, and CEOs have to weigh the pros and cons of each business unit and how it is contributing to the success of the overall corporation. For example, a company that has business units that do well in the winter (ski resorts) will try to also have business units that will perform in the summer (swimming pools) to reduce the risk of having periods of low revenue.
- https://biz.libretexts.org/Bookshelves/Management/Principles_of_Management_(OpenStax)/06%3A_International_Management/6.08%3A_The_Necessity_of_Global_Markets53 For instance, the more a bank required local resources in the form of local reputation or the availability of a local branch network to offer services, the more likely the company was to use joint ...53 For instance, the more a bank required local resources in the form of local reputation or the availability of a local branch network to offer services, the more likely the company was to use joint ventures or acquisitions as forms of international entry.
- https://biz.libretexts.org/Bookshelves/Management/Principles_of_Management_(OpenStax)/11%3A_Human_Resource_Management/11.06%3A_Building_an_Organization_for_the_FutureTalent acquisition is the area within human resource management that defines the strategy for selection, recruiting, and hiring processes, and helps the organization fight the “war for talent” during ...Talent acquisition is the area within human resource management that defines the strategy for selection, recruiting, and hiring processes, and helps the organization fight the “war for talent” during good times and bad. In the article “The Definitive Guide to Recruiting in Good Times and Bad” (Fernandez-Araoz, Groysberg, Nohria, HBR, 2009), the authors advocate for a rigorous and strategic recruiting process that includes the following critical actions:
- https://biz.libretexts.org/Bookshelves/Management/Principles_of_Management_(OpenStax)/11%3A_Human_Resource_Management/11.01%3A_IntroductionIn this role, Eva led a global team of HR managers in North and South America, Europe, and Asia to support global HR initiatives to drive business results and build human capital and performance acros...In this role, Eva led a global team of HR managers in North and South America, Europe, and Asia to support global HR initiatives to drive business results and build human capital and performance across the division. From the days of the very tactical “personnel” management to the current and more strategic state of human resources, businesses and HR professionals alike have changed the way they see the function.
- https://biz.libretexts.org/Bookshelves/Management/Principles_of_Management_(OpenStax)/14%3A_Work_Motivation_for_Performance/14.05%3A_SummaryWhat do you do to investigate the matter, and what actions would you take with your report, the person that the comment was directed to, and other people in the organization? A sense of the organizati...What do you do to investigate the matter, and what actions would you take with your report, the person that the comment was directed to, and other people in the organization? A sense of the organization’s identity (and a desire to be part of it) and how the career ladder within the company is perceived are second and third in their impact on employee motivation.
- https://biz.libretexts.org/Bookshelves/Management/Principles_of_Management_(OpenStax)/03%3A_The_History_of_Management/3.08%3A_Contingency_and_System_ManagementThe 1950s and 1960s saw the establishment of two schools that competed with and complemented the scientific management and human relations approaches. The key statement of the contingency school is “i...The 1950s and 1960s saw the establishment of two schools that competed with and complemented the scientific management and human relations approaches. The key statement of the contingency school is “it depends.” One of the major theorists in this school is Joan Woodward, a British scholar who did her work in the 1950s and 1960s.
- https://biz.libretexts.org/Bookshelves/Management/Principles_of_Management_(OpenStax)/03%3A_The_History_of_Management/3.09%3A_SummaryThe Sumerians provided the concepts of writing and record keeping that allowed for an urban economy to develop, which in turn led to the establishment of small businesses. The Industrial Revolution wa...The Sumerians provided the concepts of writing and record keeping that allowed for an urban economy to develop, which in turn led to the establishment of small businesses. The Industrial Revolution was a product of a combination of factors, including the spread of learning from the Italian Renaissance, the improvement of transportation, the Market Revolution, and technology.
