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Principles of Management

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Principles of Management

This Introduction to Business course develops students’ understanding of business fundamentals with learning design structured around timely, real-world case studies and examples. Key topics include the role of business, the global economic and legal environment, ethics, marketing, accounting and finance, and managing processes and operations.

ManagementBusiness
Author
OpenStax
Publisher
LibreTexts
Source
LibreTexts
License
CC BY
Language
EN
Category
Business Administration
Read online Download PDF (open licence)
Contents· 162 sections
  1. 01: Managing and Performing
  2. 1.01: Introduction
  3. 1.02: What Do Managers Do
  4. 1.03: The Roles Managers Play
  5. 1.04: Major Characteristics of the Manager's Job
  6. 1.05: Summary
  7. 02: Managerial Decision-Making
  8. 2.01: Introduction
  9. 2.02: Overview of Managerial Decision-Making
  10. 2.03: How the Brain Processes Information to Make Decisions - Reflective and Reactive Systems
  11. 2.04: Programmed and Nonprogrammed Decisions
  12. 2.05: Barriers to Effective Decision-Making
  13. 2.06: Improving the Quality of Decision-Making
  14. 2.07: Group Decision-Making
  15. 2.08: Summary
  16. 03: The History of Management
  17. 3.01: Introduction
  18. 3.02: The Early Origins of Management
  19. 3.03: The Italian Renaissance
  20. 3.04: The Industrial Revolution
  21. 3.05: Taylor-Made Management
  22. 3.06: Administrative and Bureaucratic Management
  23. 3.07: Human Relations Movement
  24. 3.08: Contingency and System Management
  25. 3.09: Summary
  26. 04: External and Internal Organizational Environments and Corporate Culture
  27. 4.01: Introduction
  28. 4.02: The Organization's External Environment
  29. 4.03: External Environments and Industries
  30. 4.04: Organizational Designs and Structures
  31. 4.05: The Internal Organization and External Environments
  32. 4.06: Corporate Cultures
  33. 4.07: Organizing for Change in the 21st Century
  34. 4.08: Summary
  35. 05: Ethics Corporate Responsibility and Sustainability
  36. 5.01: Introduction
  37. 5.02: Ethics and Business Ethics Defined
  38. 5.03: Dimensions of Ethics- The Individual Level
  39. 5.04: Ethical Principles and Responsible Decision-Making
  40. 5.05: Leadership- Ethics at the Organizational Level
  41. 5.06: Ethics Corporate Culture and Compliance
  42. 5.07: Corporate Social Responsibility (CSR)
  43. 5.08: Ethics around the Globe
  44. 5.09: Emerging Trends in Ethics CSR and Compliance
  45. 5.10: Summary
  46. 06: International Management
  47. 6.01: Introduction to International Management
  48. 6.02: Importance of International Management
  49. 6.03: Hofstede's Cultural Framework
  50. 6.04: The GLOBE Framework
  51. 6.05: Cultural Stereotyping and Social Institutions
  52. 6.06: Cross-Cultural Assignments
  53. 6.07: Strategies for Expanding Globally
  54. 6.08: The Necessity of Global Markets
  55. 6.09: Summary
  56. 07: Entrepreneurship
  57. 7.01: Introduction to Entrepreneurship
  58. 7.02: Entrepreneurship
  59. 7.03: Characteristics of Successful Entrepreneurs
  60. 7.04: Small Business
  61. 7.05: Start Your Own Business
  62. 7.06: Managing a Small Business
  63. 7.07: The Large Impact of Small Business
  64. 7.08: The Small Business Administration
  65. 7.09: Trends in Entrepreneurship and Small-Business Ownership
  66. 7.10: Summary
  67. 08: Strategic Analysis - Understanding a Firms Competitive Environment
  68. 8.01: Introduction
  69. 8.02: Gaining Advantages by Understanding the Competitive Environment
  70. 8.03: Using SWOT for Strategic Analysis
  71. 8.04: A Firm's External Macro Environment - PESTEL
  72. 8.05: A Firm's Micro Environment- Porter's Five Forces
  73. 8.06: The Internal Environment
  74. 8.07: Competition Strategy and Competitive Advantage
  75. 8.08: Strategic Positioning
  76. 8.09: Summary
  77. 09: The Strategic Management Process - Achieving and Sustaining Competitive Advantage
  78. 9.01: Introduction
  79. 9.02: Strategic Management
  80. 9.03: Firm Vision and Mission
  81. 9.04: The Role of Strategic Analysis in Formulating a Strategy
  82. 9.05: Strategic Objectives and Levels of Strategy
  83. 9.06: Planning Firm Actions to Implement Strategies
  84. 9.07: Measuring and Evaluating Strategic Performance
  85. 9.08: Summary
  86. 10: Organizational Structure and Change
  87. 10.01: Introduction
  88. 10.02: Organizational Structures and Design
  89. 10.03: Organizational Change
  90. 10.04: Managing Change
  91. 10.05: Summary
  92. 11: Human Resource Management
  93. 11.01: Introduction
  94. 11.02: An Introduction to Human Resource Management
  95. 11.03: Human Resource Management and Compliance
  96. 11.04: Performance Management
  97. 11.05: Influencing Employee Performance and Motivation
  98. 11.06: Building an Organization for the Future
  99. 11.07: Talent Development and Succession Planning
  100. 11.08: Summary
  101. 12: Diversity in Organizations
  102. 12.01: Introduction
  103. 12.02: An Introduction to Workplace Diversity
  104. 12.03: Diversity and the Workforce
  105. 12.04: Diversity and Its Impact on Companies
  106. 12.05: Challenges of Diversity
  107. 12.06: Key Diversity Theories
  108. 12.07: Benefits and Challenges of Workplace Diversity
  109. 12.08: Recommendations for Managing Diversity
  110. 12.09: Summary
  111. 13: Leadership
  112. 13.01: Introduction
  113. 13.02: The Nature of Leadership
  114. 13.03: The Leadership Process
  115. 13.04: Types of Leaders and Leader Emergence
  116. 13.05: The Trait Approach to Leadership
  117. 13.06: Behavioral Approaches to Leadership
  118. 13.07: Situational (Contingency) Approaches to Leadership
  119. 13.08: Substitutes for and Neutralizers of Leadership
  120. 13.09: Transformational Visionary and Charismatic Leadership
  121. 13.10: Leadership Needs in the 21st Century
  122. 13.11: Summary
  123. 14: Work Motivation for Performance
  124. 14.01: Motivation- Direction and Intensity
  125. 14.02: Content Theories of Motivation
  126. 14.03: Process Theories of Motivation
  127. 14.04: Recent Research on Motivation Theories
  128. 14.05: Summary
  129. 15: Managing Teams
  130. 15.01: Teamwork in the Workplace
  131. 15.02: Team Development Over Time
  132. 15.03: Things to Consider When Managing Teams
  133. 15.04: Opportunities and Challenges to Team Building
  134. 15.05: Team Diversity
  135. 15.06: Multicultural Teams
  136. 15.07: Summary
  137. 16: Managerial Communication
  138. 16.01: The Process of Managerial Communication
  139. 16.02: Types of Communications in Organizations
  140. 16.03: Factors Affecting Communications and the Roles of Managers
  141. 16.04: Managerial Communication and Corporate Reputation
  142. 16.05: The Major Channels of Management Communication Are Talking Listening Reading and Writing
  143. 16.06: Summary
  144. 17: Organizational Planning and Controlling
  145. 17.01: Is Planning Important
  146. 17.02: The Planning Process
  147. 17.03: Types of Plans
  148. 17.04: Goals or Outcome Statements
  149. 17.05: Formal Organizational Planning in Practice
  150. 17.06: Employees' Responses to Planning
  151. 17.07: Management by Objectives- A Planning and Control Technique
  152. 17.08: The Control- and Involvement-Oriented Approaches to Planning and Controlling
  153. 17.09: Summary
  154. 18: Management of Technology and Innovation
  155. 18.01: MTIIts Importance Now and In the Future
  156. 18.02: Developing Technology and Innovation
  157. 18.03: External Sources of Technology and Innovation
  158. 18.04: Internal Sources of Technology and Innovation
  159. 18.05: Management Entrepreneurship Skills for Technology and Innovation
  160. 18.06: Skills Needed for MTI
  161. 18.07: Managing Now for Future Technology and Innovation
  162. 18.08: Summary