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Ch 2: Organization & Management in Business

About This Chapter

Learn about business management and organizational practices using our text and video lessons. You can get detailed information about management roles, styles and theories.

Organization and Management in Business - Chapter Summary

In this chapter, instructors explain management principles and practices using key term definitions and examples to make the material engaging and easy to learn. You will review the responsibilities and actions of managers at all levels.

You should be able to develop a deeper understanding of business organization and managerial characteristics once you have reviewed this chapter. With a firm grasp of these concepts, you should be able to:

  • Explain the characteristics of different types of industries
  • Relate the functions of management and management styles at various levels
  • Identify internal and external environmental factors affecting business operations
  • Explore the impact of the international economy on business operations
  • Detail the functions of human resource management
  • Define workforce diversity and its importance to business

Watch entire lessons or review only those parts where you feel you need the most review. You can also print and use the text lessons as a source of reference or take self-assessment quizzes to determine what you have learned and identify any areas where you need further study. Use your Dashboard to review quiz scores and contact our expert tutors with any questions you might have about the chapter.

6 Lessons in Chapter 2: Organization & Management in Business
Test your knowledge with a 30-question chapter practice test
Major Economic Industries: History & Characteristics

1. Major Economic Industries: History & Characteristics

In this lesson, we discuss the history of four major economic industries. We elaborate on agriculture, manufacturing, energy, and the media from the 1700s right on through to the 21st century.

Management in Organizations: Top, Middle & Low-Level Managers

2. Management in Organizations: Top, Middle & Low-Level Managers

The role of a manager in organizations is complex. While managers can come in different shapes and sizes they all share the task of utilizing people and resources to achieve organizational goals. This lesson will discuss the roles and functions of management found in each of the three levels of management.

Management Styles: Definition, Theory & Types

3. Management Styles: Definition, Theory & Types

Different management styles are constantly rising and falling in popularity. In this lesson, you'll learn about some of the more prominent styles of management and the theory underlying each. You'll also have a chance to take a short quiz after the lesson.

Environmental Factors of Business

4. Environmental Factors of Business

Environmental business factors can affect the organization in their day-to-day operations. Management needs to carefully plan and take into account these factors when doing business.

Human Resource Management: Definition, Objectives & Responsibilities

5. Human Resource Management: Definition, Objectives & Responsibilities

Human resource management is an essential function of both private and public sector organizations. In this lesson, you'll learn what human resource management is, as well as its objectives and responsibilities in an organization.

What is Workforce Diversity? - Definition & Issues

6. What is Workforce Diversity? - Definition & Issues

Workforce diversity is a valuable asset for any business that seeks a competitive advantage in the global economy. Learn about the issues associated with workforce diversity and take a quiz to test your knowledge.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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