1. 4.02 Understand business management activities and careers.
4.02 PowerPoint Part I
4.02 Understand business management activities and careers.

2. What is business management?
Business management is the direct control of a business or enterprise. It means working with people and using resources effectively and efficiently to accomplish organizational goals.

3. Who performs management functions?
Every business, large or small has managers. Their overall job is to make sure that the organization meets its goals and obligations.

4. Levels of Business Management (Managers)
Top-level Managers
Middle-level Managers
First-line Managers OR Supervisory Managers
(sometimes called operational managers)

5. 1. Top-Level Managers: Set goals Plan for the future Examples
President
Vice president
CEO
Top-level managers usually consist of a small group of people or even one person.

6. 2. Middle-level Managers
Carry out the decisions of top-level management. They are responsible for
Planning and controlling an operation. Examples
Plant managers
Department heads

7. 3. First-Line Managers:
Direct the day-to-day activities of operational employees.
Examples
Supervisors
Team Leaders
Coaches
Unit Coordinators

8. Four Functions of Managers
Business management activities are classified as one of the four functions of management.
PLANNING
ORGANIZING
CONTROLLING
LEADING

9. Why is planning important?
Setting company goals
Deciding what must be done (Top-level managers),
Deciding who will do what
Deciding how the work will be grouped.
Why is planning important?

10. Why is organizing important?
Assigning managers different tasks
Coordinating activities.
Knowing what the other managers are doing
Why is organizing important?

11. How does Leading help a business?
Creating a vision for the company
Setting standards
Communicating company goals to employees
Providing guidance
Resolving conflict among employees
How does Leading help a business?

12. 4. Controlling Keeping the company on track
Making sure all goals are met.
How does Controlling
help the business?
Check your understanding!
Which of the four management functions do you think you could BEST perform? Why?