Republic of the Philippines

DEPARTMENT OF EDUCATION
Region I
SCHOOLS DIVISION OFFICE PANGASINAN II
Macayo Integrated School
Alcala, Pangasinan

Name: __________________________________ LRN: __________________Date: __/___/__Score: ____

Learning Task 1
I. Business Vocabulary
Write T if the statement is true. If the statement is false, correct the underlined word at the end of the
sentence to make it true.

________1. Management is a science but not an art.

________2. The management principles, which are now practiced by business practitioners and
professionals, are based on scientific principles.
________3. Efficiency is the quality of being able to maximize output with minimum input.
________4. Some companies failed to implement their strategies because of the lack of employees who
will execute them.
________5. Efficiency means doing the right thing.
________6. The driving force of people to do business in a faster way is communication.
________7. Globalization enables people to do business in any part of the world.
________8. Several concepts from psychology such as motivation, behavior, attitude, and personality give
managers the means to know their employees better.
________9. A business environment consists of a group of firms which provide related products and
services to meet the needs and interests of all the key players involved.
________10. Management is the process of planning, organizing, leading, and controlling the activities of
an organization effectively and efficiently to achieve organizational goals.

II. Manager in Action

1. What important role does management play in organizations?
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2. Should one be effective first before being efficient or is it the other way around? Justify your answer.
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3. Which among the factors influencing management have the most impact in businesses in the
Philippines? Why do you think so?
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Reference:

Zarate, Cynthia A., Organization and Management For Senior High School, Quezon City: C & E Publishing,
Inc., 2016 pp1- 11