This course provides an introduction to management of business organizations and provides students with fundamental concepts in management, including the development process of managerial theories, decision-making process, and the basic functions of management such as planning, organizing, leading, and controlling activities in organization in order to achieve its common objectives efficiently and effectively. Management can be viewed as both an art and a science. The art of management is to make people and the organization more effective and efficient. The science is the methods and tools to accomplish the objectives and goals. Thus, management focuses on the entire organization from both a short-term and a long-term perspective. Managerial process starts with the formation of the strategic vision, setting objectives, crafting a strategy and then implementing and executing the strategy.