Unit 1
Introduction – Managers and Management. The historical roots of contemporary management practices – the pre-modern era, classical contributions, human resources approach, the quantitative approach. The Management Environment – A global market place, emphasis on technology, society and managers, entrepreneurship.
Foundations of Planning – Planning in uncertain environments, types of plans, management by objectives. The importance of organizational strategy, strategic framework, quality as a Strategic weapon. Foundations of Decision Making – The decision-making process, making decisions – the rational model, modifications of the rational model. Decision making – a contingency approach, decision-making styles, making decisions in groups.