Management is the process of coordinating businesses resources to achieve the goals of the business. Human resources Information resources Physical resources Financial resources A manager is someone who coordinates the business's limited resources in order to achieve the business's specific goals. Effectiveness measures the degree to which a goal has been achieved Efficiency weighs the resources needed to achieve a goal against what was actually achieved. Main management functions Planning Organizing Leading Co-coordinating Controlling Managerial …showed first 75 words of 686 total…

…showed last 75 words of 686 total…loss statement and balance sheet Setting achievable goals Creating culture for change Change models Force-field analysis Driving forces - those factors which initiate and support change Restraining forces - those forces which act against change Unfreeze/change/refreeze Unfreeze - prepare for change Change - the change begins Refreeze - the change is reinforced. Change and social responsibility - Ecological sustainability - Quality of working life - Technology - Globalization and cultural diversity - E-commerce