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Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall 5-1
Chapter 5 Business Management
Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall 5-2
Learning Objectives
After reading this chapter, you should be able to:
Describe the nature of management and identify the four basic functions that constitute the management process.
Identify different types of managers likely to be found in an organization by level and area.
Describe the basic skills required of managers.
Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall 5-3
Learning Objectives
After reading this chapter, you should be able to:
Explain the importance of strategic management and effective goal setting in organizational success.
Discuss contingency planning and crisis management in today’s business world.
Describe the development and explain the importance of corporate culture.
Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall 5-18
Management Skills for the Twenty-first Century
Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall 5-19
Strategic Management: Setting Goals and Formulating Strategy
Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall 5-24
Contingency Planningand
Crisis Management
Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall 5-27
Management and the Corporate Culture
Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall 5-28
Communicating the Cultureand
Managing Change
Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall 5-29
Summary of Learning Objectives