Exam 1 in course at Arizona State University (ASU) typically covers the foundational principles of management and leadership, emphasizing the transition from traditional management functions to modern self-leadership. Core Pillars of Management
: Orchestrating people, resources, and tasks to meet organizational objectives.
: Evaluating internal Strengths and Weaknesses alongside external Opportunities and Threats.
: Analyzing industry competitiveness through the power of suppliers, power of buyers, threat of substitutes, new entrants, and internal rivalry.
: Determining long-term missions, goals, and the strategies needed to achieve them.
The exam focuses heavily on the four primary functions of management: