What is

organization?
What are the
examples of an
organization?
What is
Management?
Let’s examine if
you have the
potential to
become a good
manager…
 SCENARIO:

In a fast-food
restaurant, observe
how the manager
attends to customers
and employees..
Owner/Manager

employee

employee

customers
 NATURE OF
MANAGEMENT
“Management is a
science as well
as an art.”
 MEANING OF MANAGEMENT

 Management as always been

attributed to the activities of an
organization, specifically in day-
to-day operations. It consists of
administrative job functions
that require critical thinking
and decision making.
IMPORTANCE OF GOOD
MANAGEMENT
 Encourages Initiative
 Encourages Innovation
 Facilitates growth and expansion
 Motivates employees
 Reduces wastage
 Reduces absenteeism and labor
turnover
 5 Factors
Influencing
Managemen
t
GLOBALIZATION
Globalizationrefers to the
phenomenon of growing
interconnectivity and
interdependent relations
between nations.
TECHNOLOGY
 Technology is one of the main
driving forces of business.
Advancements in this area have
immensely improved business
trends.
SUSTAINABILITY
AND CORPORATE
SOCIAL
RESPONSIBILITY
Sustainability in business means that
companies should plan and conduct
long-term business operations to
ensure minimal negative impact
on the social, cultural, and
economic aspects of their external
environment or community.
Corporate social responsibility
is defined as the willingness of
companies to run their business
operations in a sustainable and
responsible manner.
PSYCHOLOGY
 The study of psychology is an
important facet in management
since it focuses on developing
people management skills and
analyzing customer satisfaction.
ECOSYSTEMS
A business ecosystem consists
of a group of firms that
provide related products and
services. The emergence of
business ecosystems has
resulted in improvements and
innovations in industries.
EVALUATION:
In your own opinion,
what is the importance
of management in an
organization?
 EVALUATION:
Which among the factors
influencing management
have the most impact in
businesses in the
Philippines? Why do you
think so?