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Introduction toIntroduction to

Business ManagementBusiness Management

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BusinessBusiness

A commercial activity engaged in as a meansA commercial activity engaged in as a means

of livelihood or profit, or an entity whichof livelihood or profit, or an entity which

engages in such activities.engages in such activities.

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Business ManagementBusiness Management

All management activity carried out in theAll management activity carried out in thecourse of running a firm, such as planning,course of running a firm, such as planning,organizing, leading, and controlling.organizing, leading, and controlling.

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Organization

- is an entity with two or more persons

work together to achieve a goal or a

common purpose.

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Ex

amples:

Hospitals

Factories Church

Schools

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Manager

- someone who works with and through

other people by coordinating their work

activities in order to accomplishorganizational goals.

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LEVELOF MANAGERS IN AN

ORGANIZATI

ON

Top Managers

Middle Managers

F

irst-line Managers

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Top Managers

They have the most authority and who areultimately responsible for the entireorganization.

They are those who are responsible for makingorganization-wide decisions and establishingplans and goals.

Examples: CEO, President, Executive Director,etc.

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Middle Managers

Implement changes or strategies generated by

Top managers.

Manage the work ofFirst-line managers.

Examples: Department Head, Division Head,

Plant Manager,O

M and etc.

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First-line Managers

They are the lowest level of management and

manage the work of non-managerial

individuals.

Examples: Office Managers, Store Supervisors,

Team-leader and etc.

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FUNCTIONSOF A

MANAGER

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1. Apply managerial activities

Planning

Organizing

Leading

Controlling

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Planning

Determining Organizational goals and the

means for achieving them.

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Organizing

Deciding where decisions will be made,

who will do what jobs and tasks and who

will work for whom.

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Leading

Inspiring and motivating workers to work

hard and give proper instructions.

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Controlling

Monitoring progress towards goal

achievement and taking corrective actions

when needed.

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2. Managers perform various roles

in organization. Interpersonal role

roles that involve people and duties.

Informational role involve in receiving, collecting and disseminating

information.

Decisional roleRevolved around making choices in, as disturbancehandler, resource allocator and negotiator.

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3. While performing, variety of

management skills are needed and

applied. Technical skills

skills that reflect both an understanding of and a

proficiency in a specialized field.

Human skills are associated with his ability to work well with others both

as a member of a group and a leader.

Conceptual skills skills related to the ability to visualized the organization as

a whole.

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4. Regardless of the level of the Manager, he/she

must ensure that the work activities is in the part

of the organizational system.

Policies

Mission, Vision

Ethics

Standard production procedure

Objective

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5. Managers must read and interpret

situational contingencies.

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THANK YOU!