CHAPTER 5:
ORGANIZING
BUSINESS

Stage 1:
The Importance of Management

Stage 1:
The Importance of Management

Management

Management

Process to obtain organization's
goals by using resources effectively
and efficiently.

Managers

Managers

Can be in a group or a single
individuals with leadership skills
and are tasked to make decisions.

Can be in a group or a single
individuals with leadership skills
and are tasked to make decisions.

Staffing is when people are hired
to carry out the work in an
organization.

Staffing is when people are hired
to carry out the work in an
organization.

Downsizing is the termination of
employees at the same time from
an organization.

Acquiring suppliers: Reliable suppliers provide stocks and
services as the business reach global markets. They also
helps by

Acquiring suppliers: Reliable suppliers provide stocks and
services as the business reach global markets. They also
helps by providing solutions to reduce unnecessary
expenses.

Stage 2:
Management Functions

Stage 2:
Management Functions

Planning

Planning

Oftenly in a form of written documents that
shows the guideline of an organization's
objectives

These are the examples of
planning:-

1)Strategic Plans= used for
longterm activity

2)Tactical Plans=Specific and short
term. Only used when needed.

3)Operational Plans=very short
term. Used to achieve tactical and
strategic plan.

4)Crisis Management(contingency
planning)=postponed due to
disasters, computer or internets
problem and so on.

Organizing

Organizing

Process to determine what and
how to do the work or who will the
the work.

Process to determine what and
how to do the work or who will the
the work.

Helps creating a balanced and fair
work.

Helps creating a balanced and fair
work.

Establishes line of authority

Establishes line of authority

Improves communication=can
adapt with any environment.

helps avoid work duplication

improving competitiveness.

Directing

Directing

Leading and instructing to achieve
organization's goals.

Encouraging employees to finish
their work by providing deadlines.

Giving rewards and recognition to
the one who deserved.

Providing stimulant to the workers
for them to work flawlessly like
promising raised in salary or
promotion.

Decision making authority will be
given to younger employees to
increase their morale.

Controlling

Controlling

Measuring and supervising
progress.

consists 5 activities:-measurig
performance,comparing
performance,identifying
standards,investigating causes and
taking actions like giving
punishments.

Stage 4:
Levels of Management

Stage 4:
Levels of Management

High Level Management

High Level Management

High level managers such as Chief
Executive Officer. Have many years
of experience,spend most of their
time planning.

Middle Management

Middle Management

Involved in specific operations of
the organizations.

Front-line Management

Front-line Management

Direct employees performance
daily

spend most of their time
controlling and directing.

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Notes

Stage 3:
Skills Needed by Managers

Stage 3:
Skills Needed by Managers

Technical Expertise

Technical Expertise

Specialized knowledge and
training

Conceptial Skills

Conceptial Skills

Thinking in abstract terms and
seeing parts come together.

Analytical Skills

Analytical Skills

Identifying relevant issues.

Human Relations Skills

Ability to deal with people.