ENTREPRENEURSHIP III

ACQUIRE
Acquiring Fu FUNDAMENTAL
ndamental S SKILLS IN
MANAGING A
kills in Mana BUSINESS
ging a Busin
ess
 ACQUIRE FUNDAMENTAL SKILLS IN
MANAGING A BUSINESS
Accountability is a s
ituation of being an
Words to Study
swerable to higher a
uthorities.
Authority is the
power or right
delegated or given
to a person.
 ACQUIRE FUNDAMENTAL SKILLS IN
MANAGING A BUSINESS
Line organization is
a type of organizati Words to Study
on which is charact
erized by a superior
having direct comm
and over workers to
accomplish the task
.
 ACQUIRE FUNDAMENTAL SKILLS IN
MANAGING A BUSINESS
Line and staff organ
ization is a type of o Words to Study
rganization where li
ne officers have staf
fs who assist them
but who do not hav
e any authority over
line personnel.
 ACQUIRE FUNDAMENTAL SKILLS IN
MANAGING A BUSINESS
Organization chart i
s a diagram that sh Words to Study
ows the organizatio
nal relationships of
the positions and th
eir corresponding a
uthority, responsibil
ity, and accountabili
ty.
 ACQUIRE FUNDAMENTAL SKILLS IN
MANAGING A BUSINESS

Responsibility is th
Words to Study
e duty that one has
to fulfill in connecti
on with the perform
ance of the job.
 MANAGEMENT FUNCTIONS OF
ENTREPRENEURS
 Management func
tions are the sam
e to all organizati
ons regardless of
size or type.
 The only
difference is the
amount of
emphasis given
to each level.
 MANAGEMENT FUNCTIONS OF
ENTREPRENEURS

 But in general,
managers have to
do the planning,
organizing, staffing,
directing, and
controlling.
 MANAGEMENT FUNCTIONS OF
ENTREPRENEURS

1. Standing plans Classification

 These plans of Plans
are used
repeatedly and
cover policies,
procedures,
and rules
 MANAGEMENT FUNCTIONS OF
ENTREPRENEURS
2. Single-used or
single-purpose plans
Classification
 These plans are
essentially one-shot of Plans
or non repetitious
plans.
 This is used within a
relatively short
period of time, they
comprise programs,
projects, and
budgets.
 MANAGEMENT FUNCTIONS OF
ENTREPRENEURS
Programs are
complicated; they Classification
are made up of of Plans
objectives, goals,
strategies, policies,
rules, job
assignments,
financial resources
and other pertinent
items.
 MANAGEMENT FUNCTIONS OF
ENTREPRENEURS
Another way to classify
plans is according to
Classification
whether they are;
of Plans
short, (to be from a
day to a year)
 intermediate range
plans (to be from a
few months to three
years)
long-range plans (to be
up to 25 years)
 MANAGEMENT FUNCTIONS OF
ENTREPRENEURS
1. Formulate Steps Involved
organization
in the
objectives
Strategic Planning
 This serve as
the basis
where the
efforts and
services will
be used.
 MANAGEMENT FUNCTIONS OF
ENTREPRENEURS
2. Analyze present
Steps Involved
resources
in the
 This refers to
the availability Strategic Planning
of money, staff,
machines,
materials,
space and time
to help you
realize your
plans.
 MANAGEMENT FUNCTIONS OF
ENTREPRENEURS
3. Determine
alternative courses Steps Involved
of action in the
 Reduce number Strategic Planning
of alternatives.
Remove those do
not look
promising, and
retain those
sound ones for
further analysis.
 MANAGEMENT FUNCTIONS OF
ENTREPRENEURS
4. Examine the Steps Involved
alternatives
in the
 You need to do
Strategic Planning
some
statistical and
quantitative
analysis of
factors
involved in
each
alternative.
 MANAGEMENT FUNCTIONS OF
ENTREPRENEURS
5. Select the best
Steps Involved
course of action
 Choosing in the
alternative Strategic Planning
most likely to
be effective in
achieving your
objectives.
 MANAGEMENT FUNCTIONS OF
ENTREPRENEURS
6. Develop support
plans. Steps Involved
 Smaller plans in the
aims to establish Strategic Planning
coordination
among other
levels of the
organization so
that the
enterprise goal
can be easily
achieve.
 MANAGEMENT FUNCTIONS OF
ENTREPRENEURS
7. Implement the plan
Steps Involved
 Plans only come
into reality when it in the
is implemented. Strategic Planning
 In implementing
the plans, it require
the exercise of
other management
functions, such as
organizing,
staffing, directing,
and controlling.
Thank you!
Presented by:
Berlin C. Alcayde
Thank you!
Presented by:
Berlin C. Alcayde