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- Operations in a Business take many different forms but are essential to running things smoothly and making goals happen

- Managers have to do much more than come up with a set of objectives for the business, they must be constantly checking up on the operations of their company and employees so that they can make sure everything is going according to plan

- Managers are the major line of defense towards making sure failing operations in a company start to produce results again.

-one of the ways managers can get an operation back on tack again is by using budgets to limit spending or to see exactly where the money is going to stop the leaking of funds outside the business

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- Controlling performance is not always easy in a company because there are a lot of factors that can change the performance that you have to evaluate.

- A company’s standards are how you can tell what its practices are, but it is the objectives they put in place that defines what actions the company needs to take over the long run

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- Motivation is a very important part of what makes up all the jobs I have worked at personally and I have noticed that motivated employees work harder to earn for the business and this leads to more substantial levels of achievement for all the staff members

- motivation is what energizes, maintains, and controls behavior in the workplace for the most part. This means that motivation is tied highly into job performance and self actualization on a personal level

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- Leadership is one of the most crucial elements in good management

- A manger tries to accomplish goals with what resources they have available, but a leader tries to inspire people and mobilize them towards a common idea or ideal

- various types of leadership, such as charismatic, heroic, and transformational leadership.

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- Business Communication is the transmission and exchange of information between people in an organization to facilitate business activities.

- Business communication involves all the marketing, brand management, customer relations, consumer behavior, and advertising

- The other side of business communications is how you make your business look with public relations, corporate communication, community engagement, reputation management, interpersonal communication, employee engagement, and event management

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- Managing human resources takes a lot of different moving parts within a company

Main functions of human resource management:
-Training and Development process
-Safety and Health issues
-Employee and Labor Relations
-Compensation for all staff
-Termination of employee contracts when it is deemed necessary

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- The most common Organizational Structures for businesses that are departmental are: functional, product, customer, and geographic. It is also possible to have a matrix organizational structure but this is less common.

-On the other hand a team structure must be less hierarchical, share the leadership, and be more fluid than traditional structures

-A network structure has little bureaucracy and features decentralized decision making. Managers coordinate and control relations both internal and external to the firm.

- A modular organizational structure is where a business has areas or departments that can be easily separated from the company without hurting the company as a whole

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- There are four key elements for an organization’s structure: common purpose, coordinated effort, division of labor, and hierarchy of authority

- In centralized organizations, only the top managers make decisions, whereas the lower-level managers are tasked with carrying out the directives

- In decentralized organizations, the decision making is pushed down to the managers who are the closest to the work or client

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- A commonly used management tool is called PESTEL. PESTEL is an organizing framework that allows decision makers to understand and make connections with a mass of information.

- A PESTEL analysis examines six key macro-environmental factors in order to understand their interactions with the organization.

- PESTEL stands for: Political, Economic, Social, Technological, Environmental, and Legal factors aaffecting the business plan

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- Planning is very important towards the end success of a business. But planning too much and not taking actions towards getting started on the plan can be negative. You don't want to over plan.

Swot Analysis: looking at your Strengths, Weaknesses, Opportunities, and Threats

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- Globalization allows us to see the many different languages, religions, cuisines, arts, literature, and dress attire that constitute cultures around the world.

- By having a global business you can reach more customers in more places every single day

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- "Globalization is the process by which the exchange of goods, services, capital, technology, and knowledge across international borders becomes increasingly interconnected."

- Globalization is a good thing because it can make new business ventures possible while also increasing profitability by expanding the reach of the business.

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- The main four strategies organizations will use to accomplish their goals with corporate social responsibility are: environmental work, philanthropy projects, ethical labor practices, and volunteerism.

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- Today's consumers demand companies to be both profitable and socially responsible.

- Corporate social responsibility is a business idea that means social and environmental concerns play a part in a company’s decisions and day to day operation

- Unethical behavior can be very costly in business

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- There is a big difference between top level managers middle managers and front line managers in a business

- Managers can be leaders and leaders can be managers but they are not always the same thing.

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- Management can be viewed as either a set of people or a process.

- Management as a process means doing all the organization and the leading and planning and controlling of the business to meet goals