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Course Description
Principles of Management is an introductory course examining the role of the manager in modern business. Today’s companies are facing increasingly tough global competition, uncertain environments, cutbacks in personnel and resources, and massive worldwide economic, political, and social shifts. The growing diversity of the workforce brings new challenges as organizational structures are becoming flatter. Because of these changes, a revolution is taking place in the field of management. The revolution asks managers to do more with less, to engage whole employees, to see change rather than stability as the nature of things, and to create vision and cultural values that allow people to create a truly collaborative workplace. This new management approach is very different from a traditional mind-set that emphasizes tight top-down control, employee separation and specialization, and management by impersonal measurements and analysis (Daft, 2001).
Among the topics discussed Wall Street and the stock market, environmental factors affecting decision- making, ethics/social responsibility and the functions of management. Specifically students will study what it takes to: Make Things Happen, Compete in a Global Marketplace, Organize for Effectiveness and Lead People.
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