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Business Fundamentals for Engineering Managers by C.M. Chang

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Chapter 1

Introduction

This book is written for engineering managers and professionals who are college graduates in a STEM (science, technology, engineering, and math) field and engage in one or more of the following types of work in industry: (a) design and develop new products and services; (b) manage projects of various kinds, such as operation of plants, installation of equipment, upgrade of facilities, and process improvement to cut cost and speed up cycle time, for which there are well-defined objectives, budgets, deadlines, and constraints to satisfy, involving different resources and talented people; (c) create actionable solutions to problems as related to technology deployment, operation, business partnership, supply chain development, ...

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