STUDY GUIDE & QUIZ PREP
Business Management
Organized Notes & Practice Questions
Core Functions of Management
1. Planning: Setting objectives, forecasting future conditions, and deciding actions.
2. Organizing: Arranging tasks, people, and resources to accomplish goals.
3. Leading: Motivating, directing, and otherwise influencing people to work hard.
4. Controlling: Monitoring performance, comparing it with goals, and making adjustments.
Key Theories & Tools
1. Maslow’s Hierarchy of Needs: Motivation theory, from physiological needs to self-actualization.
2. SWOT Analysis: Strengths, Weaknesses, Opportunities, Threats.
3. Leadership Styles: Autocratic, Democratic, Laissez-Faire, Transformational.
4. Decision-Making Models: Rational model, bounded rationality, intuitive decision-making.
Prepared for Study Purposes / Professional Notes
Business Management
Organized Notes & Practice Questions
Core Functions of Management
1. Planning: Setting objectives, forecasting future conditions, and deciding actions.
2. Organizing: Arranging tasks, people, and resources to accomplish goals.
3. Leading: Motivating, directing, and otherwise influencing people to work hard.
4. Controlling: Monitoring performance, comparing it with goals, and making adjustments.
Key Theories & Tools
1. Maslow’s Hierarchy of Needs: Motivation theory, from physiological needs to self-actualization.
2. SWOT Analysis: Strengths, Weaknesses, Opportunities, Threats.
3. Leadership Styles: Autocratic, Democratic, Laissez-Faire, Transformational.
4. Decision-Making Models: Rational model, bounded rationality, intuitive decision-making.
Prepared for Study Purposes / Professional Notes
