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Unit 5- Management Tools - Coggle Diagram
Unit 5- Management Tools
Management/Leadership Tools can be defined as means by which management can attain particular goals in the most efficient way. They include the processes of coordination, negotiation, information-sharing, and motivation.
The optimal use of management tools is achieved when the personal wishes of employees coincide with organizational objectives.
Material Tools
Direct Impact
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Social Benefits Example: Retirement, pension, profit sharing
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Organizational management tools are used by leaders to attempt to create favorable conditions for desired behaviors by structuring responsibilities, decisions, control, and information processes.
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