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Social Role of Management: Management ensures that organizations operate in a way that benefits society for an example ethical practice and creating guards.

Economic Role of Management: Management Drives economic growth by improving efficiency, productivity, and Profitable

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2. Ethics & Corporate Social Responsibility

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2. Ethics & Corporate Social Responsibility

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Corporate Citizenship: Companies acting like responsible member of society helping communities beyond just making profits.

Conscious Capitalism: Businesses pursuing profit while also creating a positive impact on the world.

GIF: Symbolizing partnership

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3. Management Within Global Organizations

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3. Management Within Global Organizations

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Exchange of Goods and Services: Companies buying/selling products internationally to expand their reach.

Exchange of Technology and Knowledge: Businesses share innovations and expertise globally to grow.

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Four Management Functions: Planning, Organizing, Leading, Controlling the core cycle managers follow to run operations.

Evaluating Alternatives: Managers compare different choices to make the best decision.

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Planning, Decision Making and Control - A-Z of business terminology

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Common Purpose: Everyone working toward the same goal.

Hierarchy of Authority: A clear chain of command in the company for example who reports to who.

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6.  Management Human Resources & Communications

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6.  Management Human Resources & Communications

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Laws Affecting HR: Rules about hiring, firing, employee rights like equal opportunity and anti-discrimination law.

Recruitment and Selection: Finding and hiring the right people for the job.

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Leaders vs. Managers: Leaders inspire, while managers organize and coordinate.

Equity & Expectancy Theory: Motivation comes when employees feel fairly treated and believe their efforts will lead to rewards.

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8.  Controlling Performance & Operations

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8.  Controlling Performance & Operations

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Management Control: Tracking performance and making sure goals are met.

Management Productivity: Making the best use of time, money, and resources.