1 — Business
Business:
• Provides good or services
• Medium for earning money
• Manage the resources
• Make pro t (except non-pro t organizations)
Entrepreneurs:
• Are the ones who are establishing a business.
• Self-discipline
• Creativity & Innovation
• Locus of control
• Self-con dence
• Optimistic
• High energy
• Vision
• Need to achieve
• Brave / Risk-taker
• Tolerance for failure
• Intelligence
• Passion
• Determined
Functions of a Manager
• Planning
• Organizing
• Leading
• Controlling
Conga
I p This MainRoles
Top White collar Mimeperent Decisional
Interpersonal
Middle White collar Mimeparent
First-line Blue collar Mimeporent Informational
Management levels Managerial skills
, Opportunities
ThYdests
Strengths
and
weaknesses
External Environment Dimensions
• of information —> simple vs complex
• rapid change —> stable vs unstable
simple + stable simple + unstable
complex + stable complex + unstable
Turbulent environment
uncertainty
Business:
• Provides good or services
• Medium for earning money
• Manage the resources
• Make pro t (except non-pro t organizations)
Entrepreneurs:
• Are the ones who are establishing a business.
• Self-discipline
• Creativity & Innovation
• Locus of control
• Self-con dence
• Optimistic
• High energy
• Vision
• Need to achieve
• Brave / Risk-taker
• Tolerance for failure
• Intelligence
• Passion
• Determined
Functions of a Manager
• Planning
• Organizing
• Leading
• Controlling
Conga
I p This MainRoles
Top White collar Mimeperent Decisional
Interpersonal
Middle White collar Mimeparent
First-line Blue collar Mimeporent Informational
Management levels Managerial skills
, Opportunities
ThYdests
Strengths
and
weaknesses
External Environment Dimensions
• of information —> simple vs complex
• rapid change —> stable vs unstable
simple + stable simple + unstable
complex + stable complex + unstable
Turbulent environment
uncertainty
