There are 9 management functions for entrepreneurship, with 4 core functions: planning, organizing, directing, and controlling. Planning involves defining goals and mapping out how to achieve them. Organizing assigns work and authority according to the plan. Directing instructs and oversees employees to achieve goals. Controlling checks results against goals and takes corrective actions if needed. The other 5 functions are staffing, leading, technical skills, human skills, and conceptual skills.

1. MANAGEMENT
FUNCTIONS OF
ENTREPRENEURSHIP
Angela Mariel M. Cometa // 9- Syzigium Cumini

2. ◦We have exactly 9 (nine)
management functions
when it comes to
Entrepreneurship. And to
those 8, we have only 4 (
four) core functions.

4. The
Core (4)
📎 PLANNING
📎 ORGANIZING
📎 DIRECTING
📎 CONTROLLING

5. PLANNING
◦Is also a management process,
concerned with defining goals
for a company’s future direction
and mission with the resources to
achieve those targets.

6. -this step involves
mapping out exactly how
to achieve a particular
goal. May include
increasing advertising,
inventory, and sales staff.

7. ORGANIZING
◦After a plan is in place, a manager
needs to organize her team and
materials according to her plan.
Assigning work and granting
authority are two important
elements of organizing.

8. -the structure of
the organization is
the framework
within which effort
is coordinated.

9. DIRECTING
◦Is the said to be a process in which
the managers instruct guide and
oversee the performance of the
workers to achieve predetermined
goals. It is also said to be the heart.

10. CONTROLLING
◦He needs to continuously
check results against goals and
take any corrective actions
necessary to make sure that his
area’s plans remain on track.

12. STAFFING
◦He may decide to beef up
his staffing by recruiting,
selecting, training, and
developing employees.

13. LEADING
◦A manager needs to do more
than just plan. She must also
lead. Leading involves
motivating, communicating,
guiding and encouraging.

14. TECHNICAL
◦This skills requires the ability to use a
special proficiency or expertise to perform
particular tasks. These skills initially through
formal education/trainings. This is the most
important at lower levels of management.

15. HUMAN
◦It demonstrates the ability to work well in
cooperation. Human skills emerge in the
workplace as a spirit of trust, enthusiasm,
and genuine involvement in interpersonal
relationships. A manager with good human
skills has a high degree of self awareness
and capacity.

16. CONCEPTUAL
◦It focuses on the ability to think
analytically. Analytical skills enable
managers to break down problems
into smaller parts. They have to
assume more ambiguous problems
that have long-term consequences.

17. VOCABULARY:
◦ STRUCTURE- to form into or according to.
◦FRAMEWORK- a basic conception structure.
◦OVERSEE- to look after and make decisions about.
◦PREDETERMINED- to determine the fate of in
advance.
◦CORRECTIVE- something that corrects or
counteracts something undesirable.

18. ◦BEEF- to call for an attention.
◦PROFICIENCY- a highly developed skill or
knowledge.
◦EXPERTISE- knowledge gained by actually
doing.
◦EMERGE- to come to one’s attention.
◦ANALYTICAL- according to the rules of logic.
◦AMBIGUOUS- having an often intentionally
veiled or uncertain meaning.

19. MY REFLECTION
◦ What I have learned about this topic, is that there is more
things beyond to consider before raising or starting an
organization specially on entrepreneurship. We must not be
contented for what we have, but we have to strive harder,
work harder for us to achieve what we wanted. And the last
one is, even tho problems and challenges came in, don’t
give up. Give up when it’s over. That’s all! Thank you for
reading my simple presentation about the Management
Functions in Entrepreneurship. Hope you have learned a
lot!💚