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L E A R N I N G O U T L I N E (cont’d) Follow this Learning Outline as you read and study this chapter. What Is An Organization? • Describe the characteristics of an organization. • Explain how the concept of an organization is changing. Why Study Management? • Explain the universality of management concept. • Discuss why an understanding of management is important even if you don’t plan to be a manager. • Describe the rewards and challenges of being a manager.
ISO is International Organization for Standardization and responsible for international management standards. ISO 9001: 2000 is one of the management standards that ISO created.
Advantages- An employee is managed by one person- Good for organizations with little competition (such as governments)Disadvantages- Slow production- Weak integration in the final productSource: http://www.pmhut.com/organization-structures-in-project-management
The objective of the Bank of the Philippine Islands is to provide financial services to residents. Asset management, trust services, mutual funds, broker services, and electronic banking are used to accomplish this goal.
Are you in Dvry univ? and taking strategic management exam? what is the answer to the question??
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