Submit Search
Upload
Chapter4.ppt
•
Download as PPT, PDF
•
0 likes
•
6 views
M
muhammadhaziqabdulgh
Follow
Introduction to Entrepreneurship
Read less
Read more
Business
Report
Share
Report
Share
1 of 29
Download now
Recommended
PD Lecture 5 communication skills
PD Lecture 5 communication skills
Est
PD Lecture 6 leadership
PD Lecture 6 leadership
Est
5264707.ppt
5264707.ppt
SubhanAli78
Chapter5.ppt
Chapter5.ppt
muhammadhaziqabdulgh
2016 DFE3613 Chapter 6 Opportunity Identification
2016 DFE3613 Chapter 6 Opportunity Identification
Laura Law
Teaching PowerPoint Slides - Chapter 4 EFFECT OF GLOBALIZATION.ppt
Teaching PowerPoint Slides - Chapter 4 EFFECT OF GLOBALIZATION.ppt
syafinijumaah
Chapter3.ppt
Chapter3.ppt
muhammadhaziqabdulgh
Chapter1.ppt
Chapter1.ppt
muhammadhaziqabdulgh
Recommended
PD Lecture 5 communication skills
PD Lecture 5 communication skills
Est
PD Lecture 6 leadership
PD Lecture 6 leadership
Est
5264707.ppt
5264707.ppt
SubhanAli78
Chapter5.ppt
Chapter5.ppt
muhammadhaziqabdulgh
2016 DFE3613 Chapter 6 Opportunity Identification
2016 DFE3613 Chapter 6 Opportunity Identification
Laura Law
Teaching PowerPoint Slides - Chapter 4 EFFECT OF GLOBALIZATION.ppt
Teaching PowerPoint Slides - Chapter 4 EFFECT OF GLOBALIZATION.ppt
syafinijumaah
Chapter3.ppt
Chapter3.ppt
muhammadhaziqabdulgh
Chapter1.ppt
Chapter1.ppt
muhammadhaziqabdulgh
Management
Management
diddy98
Human resources at ernst&young
Human resources at ernst&young
Lal Sivaraj
Performance Management System
Performance Management System
Shailly Srivastava
2016 DFE3613 Chapter 7 Business Plan
2016 DFE3613 Chapter 7 Business Plan
Laura Law
Strategic Planning first entry - that everybody should know
Strategic Planning first entry - that everybody should know
Abdullah Ahmed, PMP, RMP
Basics of management
Basics of management
Jake Pocz
Chapter_1_Theory_of_Entrepreneurship.ppt
Chapter_1_Theory_of_Entrepreneurship.ppt
sitiamaliya2
Lecture 2_The Importance & Factors.pptx
Lecture 2_The Importance & Factors.pptx
AszDahlan1
SUBHRANSHU CHINA -social
SUBHRANSHU CHINA -social
Subhranshu China
25 11-big 5- critical success factors for applying (OPM)governance in MENA re...
25 11-big 5- critical success factors for applying (OPM)governance in MENA re...
Ahmed Al-Senosy Ph.D(cand),MSc,PMP,RMP
business_plan[1]
business_plan[1]
adi80008
Basics of management
Basics of management
Jake Pocz
130208 Foreword for CF Space
130208 Foreword for CF Space
ProactionDevelopmentCIC
Week 5 foundation of planning - 05 02 2012
Week 5 foundation of planning - 05 02 2012
Ezzy Izzuddin
Introduction To Management
Introduction To Management
Business Services Support Limited
GI Net 10 - Ensuring Sustainability in Organizational Transformation
GI Net 10 - Ensuring Sustainability in Organizational Transformation
Hora Tjitra
chapter2-usehr-200824052606 (1).pdf
chapter2-usehr-200824052606 (1).pdf
SabreenaS3
HRM ASSIGNMENT - JKNANDA IEMB-7.pptx
HRM ASSIGNMENT - JKNANDA IEMB-7.pptx
Jitendra Kumar Nanda
Establishing an Effective PMO
Establishing an Effective PMO
Business Beam
The efqm excellence model
The efqm excellence model
Ahmed Dahab
QC in Biotechnology
QC in Biotechnology
muhammadhaziqabdulgh
6 Sigma and Kaizen.pptx
6 Sigma and Kaizen.pptx
muhammadhaziqabdulgh
More Related Content
Similar to Chapter4.ppt
Management
Management
diddy98
Human resources at ernst&young
Human resources at ernst&young
Lal Sivaraj
Performance Management System
Performance Management System
Shailly Srivastava
2016 DFE3613 Chapter 7 Business Plan
2016 DFE3613 Chapter 7 Business Plan
Laura Law
Strategic Planning first entry - that everybody should know
Strategic Planning first entry - that everybody should know
Abdullah Ahmed, PMP, RMP
Basics of management
Basics of management
Jake Pocz
Chapter_1_Theory_of_Entrepreneurship.ppt
Chapter_1_Theory_of_Entrepreneurship.ppt
sitiamaliya2
Lecture 2_The Importance & Factors.pptx
Lecture 2_The Importance & Factors.pptx
AszDahlan1
SUBHRANSHU CHINA -social
SUBHRANSHU CHINA -social
Subhranshu China
25 11-big 5- critical success factors for applying (OPM)governance in MENA re...
25 11-big 5- critical success factors for applying (OPM)governance in MENA re...
Ahmed Al-Senosy Ph.D(cand),MSc,PMP,RMP
business_plan[1]
business_plan[1]
adi80008
Basics of management
Basics of management
Jake Pocz
130208 Foreword for CF Space
130208 Foreword for CF Space
ProactionDevelopmentCIC
Week 5 foundation of planning - 05 02 2012
Week 5 foundation of planning - 05 02 2012
Ezzy Izzuddin
Introduction To Management
Introduction To Management
Business Services Support Limited
GI Net 10 - Ensuring Sustainability in Organizational Transformation
GI Net 10 - Ensuring Sustainability in Organizational Transformation
Hora Tjitra
chapter2-usehr-200824052606 (1).pdf
chapter2-usehr-200824052606 (1).pdf
SabreenaS3
HRM ASSIGNMENT - JKNANDA IEMB-7.pptx
HRM ASSIGNMENT - JKNANDA IEMB-7.pptx
Jitendra Kumar Nanda
Establishing an Effective PMO
Establishing an Effective PMO
Business Beam
The efqm excellence model
The efqm excellence model
Ahmed Dahab
Similar to Chapter4.ppt
(20)
Management
Management
Human resources at ernst&young
Human resources at ernst&young
Performance Management System
Performance Management System
2016 DFE3613 Chapter 7 Business Plan
2016 DFE3613 Chapter 7 Business Plan
Strategic Planning first entry - that everybody should know
Strategic Planning first entry - that everybody should know
Basics of management
Basics of management
Chapter_1_Theory_of_Entrepreneurship.ppt
Chapter_1_Theory_of_Entrepreneurship.ppt
Lecture 2_The Importance & Factors.pptx
Lecture 2_The Importance & Factors.pptx
SUBHRANSHU CHINA -social
SUBHRANSHU CHINA -social
25 11-big 5- critical success factors for applying (OPM)governance in MENA re...
25 11-big 5- critical success factors for applying (OPM)governance in MENA re...
business_plan[1]
business_plan[1]
Basics of management
Basics of management
130208 Foreword for CF Space
130208 Foreword for CF Space
Week 5 foundation of planning - 05 02 2012
Week 5 foundation of planning - 05 02 2012
Introduction To Management
Introduction To Management
GI Net 10 - Ensuring Sustainability in Organizational Transformation
GI Net 10 - Ensuring Sustainability in Organizational Transformation
chapter2-usehr-200824052606 (1).pdf
chapter2-usehr-200824052606 (1).pdf
HRM ASSIGNMENT - JKNANDA IEMB-7.pptx
HRM ASSIGNMENT - JKNANDA IEMB-7.pptx
Establishing an Effective PMO
Establishing an Effective PMO
The efqm excellence model
The efqm excellence model
More from muhammadhaziqabdulgh
QC in Biotechnology
QC in Biotechnology
muhammadhaziqabdulgh
6 Sigma and Kaizen.pptx
6 Sigma and Kaizen.pptx
muhammadhaziqabdulgh
Sample STEM room layout.pptx
Sample STEM room layout.pptx
muhammadhaziqabdulgh
Chapter6.ppt
Chapter6.ppt
muhammadhaziqabdulgh
Chapter2.ppt
Chapter2.ppt
muhammadhaziqabdulgh
OPM101Chapter1.ppt
OPM101Chapter1.ppt
muhammadhaziqabdulgh
More from muhammadhaziqabdulgh
(6)
QC in Biotechnology
QC in Biotechnology
6 Sigma and Kaizen.pptx
6 Sigma and Kaizen.pptx
Sample STEM room layout.pptx
Sample STEM room layout.pptx
Chapter6.ppt
Chapter6.ppt
Chapter2.ppt
Chapter2.ppt
OPM101Chapter1.ppt
OPM101Chapter1.ppt
Recently uploaded
/:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc...
/:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc...
lizamodels9
rishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdf
muskan1121w
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
lizamodels9
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
noida100girls
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptx
georgebrinton95
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
Ravindra Nath Shukla
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
Paul Menig
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
Neil Kimberley
GD Birla and his contribution in management
GD Birla and his contribution in management
chhavia330
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
makika9823
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Apsara Of India
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
lizamodels9
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
Ravindra Nath Shukla
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Dipal Arora
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
KeppelCorporation
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
KaiNexus
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
Paul Menig
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Time
delhimodelshub1
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
Aggregage
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
lizamodels9
Recently uploaded
(20)
/:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc...
/:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc...
rishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdf
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
GD Birla and his contribution in management
GD Birla and his contribution in management
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Time
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Chapter4.ppt
1.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 1
2.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 2 Chapter BASICS OF BUSINESS MANAGEMENT 4
3.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 3 BASICS OF BUSINESS MANAGEMENT AT THE END OF THIS CHAPTER, YOU WILL BE ABLE TO: – Define management. – Describe management as a process. – Specify the skills needed by managers. – Explain the differences between efficiency and effectiveness. – Explain the major roles of managers in organizations. – Identify the characteristics of successful managers. – Describe the five types of organizational structure.
4.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 4 4.1 DEFINITION OF MANAGEMENT Management can be defined as a set of functions and activities that must be accomplished by managers in order to achieve organizational goals effectively and efficiently
5.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 5 MANAGERIAL LEVELS TOP-LEVEL MANAGERS MIDDLE-LEVEL MANAGERS FIRST-LEVEL MANAGERS Levels of Management
6.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 6 Top-level managers set the goals and provide the strategic directions for organizations. Middle-level managers are responsible for carrying out the goals set by the top management. First-level managers are responsible for directing and supervising the actual day-to-day work of the organization at the operating level
7.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 7 4.2 PROCESS OF MANAGEMENT Process of Management
8.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 8 PROCESS OF MANAGEMENT Management is fundamentally the process and activities involved in pursuing organizational goals efficiently and effectively by planning, organizing, leading and controlling the organization’s resources.
9.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 9 PLANNING Planning involves setting appropriate and clear goals and objectives, and establishing appropriate strategies to accomplish them. Clear goals will provide the framework within which the organization’s strategies are formulated. For example, when a company aims to expand its market share (the goal), its managers should develop the appropriate strategies in order to achieve the goal set.
10.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 10 The Types of Planning at Different Levels of an Organization
11.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 11 TYPES OF PLANNING Strategic planning involves setting long-term goals and objectives. It is usually conducted for a period of five years or more. Tactical planning is also known as mid-term planning. This type of planning is usually conducted for a period between one to five years. Operational planning is also known as short- term planning. It is performed for a duration of one year or less.
12.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 12 ORGANIZING The process of arranging and coordinating organizational resources (particularly human resources) to carry out the organizational plan. Determines the tasks to be done, how the tasks are to be grouped, who is in charge of what, and who reports to whom. Allows cooperation between organizational members and motivates members to work together to achieve organizational goals.
13.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 13 LEADING / DIRECTING Leading is the process of motivating subordinates and inspiring others towards achieving organizational goals. Managers need to be leaders in order to get others to do their best in fulfilling plans and achieving objectives. A good manager who leads well can inspire people to work hard.
14.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 14 CONTROLLING Controlling is the final link in the chain of management functions. Managers evaluate and monitor individuals, groups, departments and their respective organizations as a whole to see how well each level is on target towards achieving its goals. Effective control systems allow managers to know how well plans are being implemented. If the standard is not met, necessary corrective actions or changes need to be carried out.
15.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 15 4.3 MANAGEMENT SKILLS Management Skills at Different Managerial Levels
16.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 16 MANAGEMENT SKILLS Technical skills are the ability to understand and demonstrate knowledge and proficiency in a specialized field. Human skills are the ability to interact and work well with other people. Managers with good human skills develop good relationships with all levels of employees. Conceptual skills are the ability to think of situations analytically from a broad perspective. These skills include analyzing complex situations, solving problems and thinking creatively.
17.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 17 4.4 EFFECTIVE OMMUNICATION AS A MANAGEMENT TOOL The Communication Process
18.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 18 EFFICIENCY AND EFFECTIVENESS Effectiveness: The degree to which an organization achieves its goals. It is about doing the right things, typically in terms of quantity as well as quality. Managers are effective when they select the right or appropriate things to be done and achieve them well. Efficiency: The degree of how well resources are used to achieve a goal. It is about doing things right. Managers are efficient when they can minimize the amount of resources (such as people and money) used to attain their goals.
19.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 19 Efficiency: The degree of how well resources are used to achieve a goal. It is about doing things right. Managers are efficient when they can minimize the amount of resources (such as people and money) used to attain their goals.
20.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 20 Relationship between effectiveness, efficiency and performance in organizations
21.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 21 4.5 MANAGERIAL ROLES Interpersonal Roles: Interpersonal roles are primarily concerned with relationships with other people. Informational Roles: Managers obtain information and must communicate information to people inside and outside the organization. Decisional Roles: Decisional roles require managers to plan strategy and utilize resources. Managers use information to make decisions or solve problems.
22.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 22 4.6 CHARACTERISTICS OF SUCCESSFUL MANAGERS Practise open communication Set clear directions Establish objective recognition Provide guidance and support to employees Design and monitor a control system
23.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 23 4.7 TYPES OF ORGANIZATIONAL STRUCTURE Functional structure Product structure Geographical structure Customer structure Matrix structure
24.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 24 A Functional Structure
25.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 25 A Product Structure
26.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 26 A Geographical Structure
27.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 27 A Customer Structure
28.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 28 A Matrix Structure
29.
All Rights Reserved OFPS
Entrepreneurship 3e © Oxford Fajar Sdn. Bhd. (008974-T), 2013 1– 29 SUMMARY Management is a set of functions and activities that must be accomplished by managers in order to achieve organizational goals effectively and efficiently. A manager is a person who is responsible for the work activities of the organization towards achieving organizational goals. In most organizations, there are typically three levels of management—the top, middle and first levels. Organizational goals can be achieved efficiently and effectively by planning, organizing, leading and controlling the organization’s resources. Managers need three important skills—technical, human and conceptual skills. The five types of organizational structure commonly adopted by organizations are the functional, product, geographical, customer and matrix structures.
Download now