Management
Managing and performing
Challenges in the competitive world
Globalization
Process of interaction and integration among the people
Technology
The application of scientific knowledge for practical purposes
Knowledge
Facts
Information
Skills acquired by a person through experience
Collaboration
Work jointly on an activity, especially to produce or create something
Competitive advantages
Innovation
The action or process of innovating
Quality
The degree of excellence of something
Service
Helping or doing work for someone
Speed
The time it take product or service to arrive
Cost
An amount that has to be paid or spent to buy or obtain something
Sustainability
Avoidance of the depletion of natural resources in order to maintain an ecological balance
Functions of management
Planning
Process of thinking about the activities required to achieve a desired goal
Organizing
Make arrangements or preparations for an event or activity
Leading
Guidance or leadership
Controlling
Determinate the behavior or supervise the running
Managerial decisions making
When you make a decision it exits
Risk
Uncertainty
Lack of structure
Conflict
Management decision process
Identyfing and diagnose the problem
Generate alternative solutions
Evaluate alternatives
Implement the decision
Evaluate decision
The external and internal environment
Macroenvironment
Economy
Social issues
Technology
Natural ecology
Competitive Environmental
Rivals
New entrants
Buyers
Suppliers
Internal Environment
Culture
Values
Climate
Organization
Environmental scanning
Scenario development
Forecasting
Benchmarking
Planning and strategic management
Top-level managers
Strategic planning
Achieving growth
Increasing market shores
Improving profitabily
Contributing to society
Middle-level managers
Tactical planning
New product desing
Installation of new
New manufacturing unit
Frontline managers
Opperational planning
Routine tasks
Production runs
Delivery schedules
Human resources requirements