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Business Management
Business
A commercial activity engaged in as a means
of livelihood or profit, or an entity which
engages in such activities.
Business Management
All management activity carried out in the
course of running a firm, such as planning,
organizing, leading, and controlling.
Organization
- is an entity with two or more persons
work together to achieve a goal or a
common purpose.
Examples:
• Hospitals
• Factories
• Church
• Schools
Manager
- someone who works with and through
other people by coordinating their work
activities in order to accomplish
organizational goals.
LEVEL OF MANAGERS IN AN
ORGANIZATION
• Top Managers
• Middle Managers
• First-line Managers
Top Managers
• They have the most authority and who are
ultimately responsible for the entire
organization.
• They are those who are responsible for making
organization-wide decisions and establishing
plans and goals.
• Organizing
• Leading
• Controlling
Planning
• Determining Organizational goals and the
means for achieving them.
Organizing
• Deciding where decisions will be made,
who will do what jobs and tasks and who
will work for whom.
Leading
• Inspiring and motivating workers to work
hard and give proper instructions.
Controlling
• Monitoring progress towards goal
achievement and taking corrective actions
when needed.
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 role
– Revolved around making choices in, as disturbance
handler, resource allocator and negotiator.
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.
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
5. Managers must “read” and interpret
situational contingencies.
THANK YOU!