Why do we organize? Chap 1,5 and 11 in Contemporary Management

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The Management Process Today

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Organization

Organizational performance

Efficiency

Effectiveness

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A measure of how well or how productively resources are used to achieve a goal

A measure of how efficiently and effectively a manager uses resources to satisfy customers and achieve organizational goals

A measure of the appropriateness of the goals an organization is pursuing and the degree to which the organization achieves those goals

Collection of people who work together and coordinate their actions to achieve a wide variety of goals or desired future outcomes


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