introduction to management—ch07.pptVIP

Fundamentals of effective management Chapter 7 Main objectives The levels of management The key functions of managers The skills needed by managers Methods that managers can use to utilize their time effectively Management The utilization of human and other resources in a manner that best achieves the firm’s plans and goals Effective management can improve the firm’s performance and further increase the firm’s value for shareholders Managers: employees who are responsible for managing other employees or resources Levels of Management Top management– long-run strategic objectives Middle manage