Business Management (HBMN130-1)

This short, concise and comprehensive summary covers Chapter 2 – The Management Process from the Business Management 1 curriculum (HBMN130-1). Includes a cramming-friendly section of key facts and concepts to memorize. This 4-page summary explores the six key components of management, including resource management, effectiveness vs. efficiency, and coping with change. It also covers the four core management functions—planning, organizing, leading, and controlling—along with a detailed expl...

This comprehensive study guide is based on lecture notes for the first unit of a Business Management course, focusing on The Management Process. It provides an in-depth explanation of key management functions (planning, organizing, leading, and controlling), the six essential components of management, and the distinctions between top-level, middle, and lower-level management. It explores core managerial roles (interpersonal, informational, decision-making), practical managerial skills (technical...