mnagment 3060

logistics : the art and science of obtaining, producing, and distributing material and product in the proper place and in proper quantities logistics is part of supply chain international logistics: meaning these functions when the movement is on a global scale third party logistics an outside company manage all or part of another company logistics functions provide reliable and timely delivery favored by small businesses fedex

definitions of organizing and organization skill fayols organizing guidelines judiciously prepare and execute the operation plan organize the human and material. facets so  that they are consistent with objectives, resources, and requirements of the concern establish a single competent, energetic guiding authority ( formal management structure) organizing process reflect plans and objectives establish major tasks divide major tasks into subtasks allocate resources and directives for subtasks evaluate results of organizing strategy classical organizing theory weber's bureaucratic model detailed procedures and rules clearly outline organizational hierarchy impersonal relationships among organization members division of labor assign various portions of a task among a number of organization members advantages - specialized skills - only one job to do - efficacy disadvantages overlooks human variable - boring - decreased production division of labor and ...

managerial environment general enviorment   social component  political  legal component  technology component  economic component  porters five forces model  new entrants   buyers bargaining power of buyers   suppliers  bargaining power of suppliers substitutes  threat of substitutes operating environment  international component  strategy formulation: tools  strategy formulation  determining appropriate courses of action for achieving objectives  strategic tools  critical question analysis  SWOT analysis  business portfolio analysis  strategy formulation types  differentiation  making organization more competitive by developing products different from competitors  cost leadership  making organization more competitive by producing products more cheaply than competitors  focus  making ...