Foundations of Management

A manager is defined as someone who coordinates and oversees the work of other people so organizational goals can be accomplished.

Studying management is important because of the universality of management, the reality of work, the rewards and challenges of being a manager, and gaining insights into life at work.

Management is needed in all types and sizes of organizations, at all organizational levels and in all organizational work areas, and in all organizations, no matter where they’re located.

<p>Management offers challenging, exciting, and creative opportunities for meaningful and fulfilling work. Successful managers receive significant monetary rewards for their efforts.</p> Signup and view all the answers

<p>The four management functions are planning, organizing, leading, and controlling.</p> Signup and view all the answers

<p>Robbins and Coulter define a manager as 'someone who coordinates and oversees the work of other people so organizational goals can be accomplished.' At its core, being a manager is about helping others do their work.</p> Signup and view all the answers

<p>Robbins and Coulter explain that studying management is important for budding professionals because of the universality of management, the reality of work, the rewards and challenges of being a manager, and gaining insights into life at work. Management is needed in all types and sizes of organizations, and employees either manage or are managed. Successful managers receive significant monetary rewards for their efforts, and understanding management concepts and how managers think will help individuals get better results at work and enhance their career.</p> Signup and view all the answers

<p>The four management functions that managers often find themselves performing are planning, organizing, leading, and controlling.</p> Signup and view all the answers

<p>According to Robbins and Coulter, being a manager offers challenging, exciting, and creative opportunities for meaningful and fulfilling work. Successful managers receive significant monetary rewards for their efforts.</p> Signup and view all the answers

<p>Robbins and Coulter explain that the reality of work is that employees either manage or are managed, highlighting the importance and prevalence of management in the workplace.</p> Signup and view all the answers