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A company with a good concept of administration, will let increase its value toward customers; not only in sales, growth or number of stocks in the market.
In business, there is no alternative to managing well. Companies may fly high for a while, but they cannot do well for very long without good management.
There are many forces, internal and external, that shape the organization behavior. It is important to know how deal with all other variables presented in the firm.
The managers were called to make important decisions in the company. Also they are supported by the team or group.
Planning is the conscious, systematic process of making decisions about goals and activities that an individual, group, work unit, or organization will pursue in the future.
The organization chart depicts the position in the firm and the way they are arranged. The chart provides a picture of the reporting structure.
Organizations may have a responsibility to meet social obligations beyond earning profits within legal and ethical constraints.
Entrepreneurship occurs when an enterprising individual pursues a lucrative opportunity. Is to initiate and build an organization rather than being only a passive part of one.
The global economy matters precisely because it is global, because your customers, employees, and suppliers could be located anywhere in the world.
Control is defined as any process that directs the activities of individuals toward the achievement of organizational goals.
In today’s fast-changing business environment, responsiveness —agility, the ability to adapt to changing demands— is more vital than ever to a firm’s survival.
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