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Management
The ability to achieve results through people, involving planning, organizing, and controlling resources to ensure business success.
Managers
Responsible for achieving business objectives.
Management Skills and Activities
Important in various areas of life, including home, school, community, business, and government.
Controlling at Home
Managing a healthy lifestyle, budgeting for activities, buying healthy food, family outings, and setting a fitness example.
Controlling at School
Monitoring academic results, assigning staff, creating timetables, holding meetings, and fostering a positive environment.
Controlling in the Local Community
Managing events like food festivals by budgeting, task delegation, and showing economic benefits.
Controlling in Business
Managing employees, using quality checks, staff training, and automating processes.
Controlling in Government
Managing exam marking, monitoring results, forming teacher groups, and recruiting teachers.
Characteristics of a Manager
Includes decision-making, leadership, communication, and adaptability.
Entrepreneur vs. Manager
Entrepreneurs focus on ideas and growth, managers handle operations and delegate responsibilities.
Entrepreneur's Role in Start-up
Handles all tasks like idea generation, research, and production.
Entrepreneur's Role in Small Business
Runs operations and begins delegating responsibilities.
Entrepreneur's Role in Medium Business
Hires managers for daily operations while focusing on expansion.
Entrepreneur's Role in Large Business
Delegates to a management team and focuses on new opportunities.
Careers in Management
Often start through promotion and training programs.
