2. Learning Objectives
Concept of Management
Define Managers And Management.
Explain What Managers Do.
Functions of Management.
3. Management
Organization
Two or more people who work together in a structured
way to achieve a specific goal or set of goals.
Goals
Purpose that an organization strives to achieve;
organizations often have more than one goals, goals are
fundamental elements of organization.
The Role of Management
To guide the organizations towards goal
accomplishment
4. - People responsible for
directing the efforts aimed
at helping organizations
achieve their goals.
- A person who plans,
organizes, directs and
controls the allocation of
human, material, financial,
and information resources
in pursuit of the
organization’s goals.
Managers VS Management
5. Management
Management refers to the tasks and activities
involved in directing an organization or one of
its units: planning, organizing, leading, and
controlling.
The process of reaching organizational goals by
working with and through people and other
organizational resources.
6. Functional Managers: A manager responsible for
just one organizational activity such as accounting,
human resources, sales, finance, marketing, or
production
Focus on technical areas of expertise
Use communication, planning and
administration, teamwork and self-
management competencies to get work
done
Function: A classification referring to a group of
similar activities in an organization like marketing or
operations.
7. General Managers: responsible for the operations
of more complex units—for example, a company or
division
Oversee work of functional managers
Responsible for all the activities of the unit
Need to acquire strategic and multicultural
competencies to guide organization
(cont’d)
Many Other types of managers
11. Basic Levels of Management
(adapted from Figure 1.3)
Top
Managers
Middle Managers
First-Line Managers
Nonmanagers
12. Levels of Management
First-line Managers: have direct responsibility for
producing goods or services Foreman, supervisors,
clerical supervisors
Middle Managers:
Coordinate employee activities
Determine which goods or services to provide
Decide how to market goods or services to customers
Assistant Manager, Manager (Section Head)
Top Managers: provide the overall direction of an
organization Chief Executive Officer, President, Vice
President
14. BLOCK:-1 Nature and Scope of Management.
1.Ninety percent of all small businesses fail within the first five years due to under capitalization.
True
False
2. The first step in the management process is organizing.
True
False
3.Control means to set goals and decide on a course of action.
True
False
4.As a manager, I must take on the functions of being a leader, motivating others, and encouraging employees.
True
False
5.Managers are responsible for accomplishing the organization's goals by getting things done through people.
True
False
6.To improve their company’s ability to be more innovative, managers cultivate three processes: the entrepreneurial process,
the competence process, and the management process.
True
False
15. 7.The renewal process encourages employees to question why they do things as they do and how they might do them
differently.
True
False
8. Middle managers have non-managers as subordinates.
True
False
9.Middle managers concentrate on directing and controlling the employees who actually do the work.
True
False
10.A basic key to understanding and appreciating management is realizing that it manages the human capital of the
organization.
True
False
11.Firms such as Bombardier, while global players, make most of their monies domestically.
True
False
12.While regulation was all the rage in the 1980s, it is now not really an issue.
True
False
