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INSTRUCTIONS:

1. COPY THE QUARTER 2 LESSON 1 IN YOUR NOTEBOOK.

2. READ THE LESSON AND MAKE A SIMPLE DIAGRAM/CHART OF THE


FIVE MANAGEMENT FUNCTIONS IN A LONG BOND PAPER. TO BE
SUBMITTED NEXT FACE-TO-FACE MEETING.

3. SEND PICTURES OF YOURSELF WHILE DOING THE ACTIVITIES


(COLLAGE FORMAT). ONE PICTURE FOR EACH DAY(THURSDAY &
FRIDAY). SEND THROUGH OUR GC. BELOW IS A SAMPLE.

PICTURE 1 PICTURE 2
NOV. 9, 2023 NOV. 10, 2023
Q2.MODULE 1.
Management as an
important factor in
entrepreneurial activity
LESSON 1: Duties & Functions of
Entrepreneur
WORDS TO STUDY
• PLANNING is thinking before a particular task is done.
• ORGANIZING means assembling the essential resources to execute the
developed plans.
• DIRECTING involves the guiding, leading and supervision of the
employees for the achievement of organizational goals
• STAFFING is the proper and effective selection, appraisal and
development of personnel to do the jobs and fulfill the roles in the
structure.
• CONTROLLING means making sure that activities done in the
enterprise are in conformity with what has been planned.
• PLANNING PLANNING
This is the function of management that involves setting of objectives and
determining the course of action for achieving these objectives.
❖STEPS IN PLANNING
1) Environmental scanning
2) Establishing objectives
3) Identifying alternative courses of action
4) Evaluating various alternatives.
5) Making decisions about the best course of action.
❖TYPES OF PLANNING
1) Operational planning
2) Tactical planning
3) Strategic planning
ORGANIZING
• ORGANIZING
The task of organizing involves defining the specific activities necessary to
achieve the enterprise goals, clustering the activities into departments or job positions
and designating the personnel to head and compose each department

❖ORGANIZATIONAL CHART - A diagram showing the organizational relationships of


the position and their corresponding authority, responsibility and accountability
❖AUTHORITY is the right that a manager has to require a subordinate to accomplish
something. Authority can be delegated.
❖RESPONSIBILITY is the duty of the manager that one has to fulfill in connection with
the performance of his job. Responsibility cannot be delegated.
❖ACCOUNTABILITY, like responsibility cannot be delegated. This is the situation of
being answerable to higher authorities.
TYPES OF ORGANIZATION
A. LINE ORGANIZATION
TYPES OF ORGANIZAT ION
B. LINE AND STAFF ORGANIZATION
TYPES OF ORGANIZAT ION
C. FUNCTIONAL TYPE ORGANIZATION
This structure focuses on the functions or types of activities in each unit. It is
expected that the worker has one or more immediate supervisor
TYPES OF ORGANIZAT ION
D. COMMITTEE TYPE ORGANIZATION

•This form of organization represents a group of


persons who may fulfill functional staff or line
duties, as contrasted with a one – man
performer who runs the organization single –
handedly. An example is an executive
committee which is tasked to plan and
formulate decisions in a company.
STAFFING
• STAFFING
The organizational framework needs to be flashed out by
people who will man the positions. It involves proper and
effective selection, appraisal and development of personnel.
FOUR ESSENTIAL STEPS IN STAFFING
1) WORKLOAD ASSESSMENT – quantity & quality of personnel needed
2) JOB ANALYSIS – workers vs. required skills and abilities
3) EXAMINE PRESENT PERSONNEL – assessment of workers’ skills, strengths,
weaknesses, potentials
4) DESIGN AN IMPROVEMENT PLAN – recruitment training and development

❖STAFF – all the people employed by an organization assisting the


DIRECTING
• DIRECTING - This involves putting your plans into effect.
CONTROLLING - make sure that what is done in the
enterprise conforms to what has been planned.
❖STEPS IN CONTROLLING ❖CHARACTERISTICS
OF CONTROLLING
1)Establish standard
2)Set performance a. Proper activities.
measurements
3)Measure actual b. Timely.
performance c. Cost effective.
4)Compare performance
with standards and d. Accurate.
analyze deviations

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