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1. MANAGEMENT THINKERS

2. Peter F. DruckerVienna (1909-2005) Contributions – Nature and role of Management Manager’s job Business objectives and social responsibilities Entrepreneurial Functions MBO and Self Control Federal Decentralisation Organisation Structure Decision Making – 2 Types – a) Tactical b) Strategic Management Development Futurity KRA’s

3. DecisionMaking 5 Phases of Decision Making- Defining Problem Analysing the problem Developing alternative solutions Deciding upon the best solution Converting the decision into effective action 4 Criterias for Best Solution- Risk Economy of effort Training Limitations of Resources

4. Michael E. Porter Five Force Analysis GenericCompetitiveStrategies Value Chain Analysis

5. Michael E. Porter

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