Principles Of Management Unit 2 Ppt -
Since "Unit 2" in a Principles of Management course usually covers Evolution of Management Thought
- What is the difference between a Policy and a Rule?
- Which step in MBO involves setting Key Result Areas?
- "Decisions that are repetitive and can be handled by a standard procedure" are called what?
- Primary Function: It precedes all other management functions (Organizing, Staffing, Leading, Controlling).
- Goal-Oriented: Focuses on achieving specific targets.
- Futuristic: It bridges the gap between the present and the future.
- Pervasive: It is required at all levels of management (Top, Middle, Lower).
- Continuous Process: Plans are constantly updated.
Slide 10: Introduction to Decision Making
Definition: Decision making is the process of selecting the best alternative from a set of available options to solve a problem or achieve a goal. principles of management unit 2 ppt
Slide 6: The Trap – Limitations of Planning Since "Unit 2" in a Principles of Management
- Confirmation bias (only hearing good news)
- Overconfidence (thinking storms won’t hit)
- Escalation of commitment (throwing good money after bad)
Use the structure above to build your slides, apply the design tips to make them memorable, and always tie theory back to real-world practice. By mastering Unit 2, you master the art of setting a destination before you start the engine. What is the difference between a Policy and a Rule