B. Upon graduating, you will either manage or be managed. A course in management provides insights into the workings of organizations. An organization is a systematic arrangement of people to accomplish some specific purpose. Managers are important to an organization's success because they direct and coordinate activities so the organization can reach its goals. All effective organizations are not necessarily efficient.
Effectiveness is concerned with goal attainment, while efficiency is concerned with resource usage.
An organization can achieve its goals, but do so by being wasteful and using an inordinate amount of input resources. Briefly describe them. All managers should perform the functions of planning, organizing, leading, and controlling. Planning includes plans to coordinate activities. Organizing determines what tasks are to be done, who is to do them, how the tasks are to be grouped, who reports to whom, and where decisions are to be made.