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Organizational structures

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Continue Unit Two Business Management

Continue Unit Two Business Management

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  • Understanding business organization and management is key to knowing how a company is run
  • Any business that employs more than one person needs a managerial plan
  • Most manager begin their career as a company employee and are promoted after they have gained experience and have shown certain qualities

Transcript

  • 1. Organizational Structures Business Management Mrs. Walton
  • 2. Student will be able to:
    • Explain how businesses organize for management
    • List three levels of management and compare their responsibilities
    • Name the four functions of management
    • Analyze if a managerial position is for you.
  • 3. Key Terms
    • Management plan
    • Organizational chart
    • Line authority
    • Centralized organization
    • Decentralized organization
    • Departmentalization
    • Top-level manager
    • Middle manager
    • Operational manager
  • 4. Managerial Structures
    • Managerial plan divides a company into different departments run by different managers
    • Organizational chart shows how the business is structured and who is in charge of whom
  • 5. Authority
    • Line authority – the managers at the top of the line are in charge of those beneath them
    • Centralized organization puts authority on one place, with top management
    • Decentralized organization gives authority to a number of different managers to run their own departments
  • 6. Structure Departmentalization divides responsibility among specific units or departments
  • 7. Levels of Management
    • Top-level managers are responsible for setting goals and planning for the future
    • Middle manager carry out the decisions of top management
      • Plant manager
      • Regional managers
      • Department heads
    • Operational managers are responsible for the daily operation of the business
  • 8. Managerial Functions
    • Planning and Staffing
    • Organizing
    • Leading
    • Controlling
  • 9. Manager Qualities
    • Ability to perform varied activities
    • Ability to work under pressure
    • Effective communication
    • Interpersonal skills
    • Ability to gather and use information
  • 10. If you are offered the position there are things to be considered
    • Advantages
    • Disadvantages
    • Earn more money
    • Position carries more respect and prestige
    • Have more authority
    • Have greater control over your time and how to spend it
    • Get the blame when things go wrong
    • Become target for criticism
    • Pressure to do it right the first time
    • Relationship with your peer change