in this section: the business world today what is management?
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What You’ll Learn What management is. The three levels of management. The management types. Three types of management skills. The principles of management. The role of women and minorities in management.TRANSCRIPT
In this section: The Business World Today What Is
Management?
The many changes in the business world today are creating new
challenges for people who operate, or manage, those businesses.
This section discusses: The Business World Today What Is
Management? Levels of Management The Management Process The
Principles of Management Women and Minorities in Management What
Youll Learn What management is. The three levels of
management.
The management types. Three types of management skills. The
principles of management. The role of women and minorities in
management. Why Its Important To understand how businesses make
decisions, you will need to understand how management works. Key
Terms management human relations skills
senior managementtechnical skills middle managementprinciple
supervisory managementglass ceiling role conceptual skills The
Management Pyramid The Management Process
What a manager does can be examined in three different ways. The
tasks performed. The roles taken on. Type of skills required.
Management Tasks Planning Organizing Staffing Leading Controlling
Relative Amount of Emphasis Placed on Each Function of Management
Decision-Making Roles Entrepreneur Negotiator
Management Roles Interpersonal RolesInformation-Related Roles
FigureheadMonitor Relationship BuilderCommunicator
LeaderSpokesperson Decision-Making Roles EntrepreneurNegotiator
Disturbance Handler Resource Director Management Skills Conceptual
Skills Human Relations Skills Technical Skills Mix of Skills Used
at Different Levels of Management Principles of Management
A principle is a truth or law. Management principles are rules by
which managers make decisions. Scientists proved scientific
principles through controlled experiments. Most management
principles are developed through observation and deduction.
Management principles are more likely to change than specific
principles. When management principles need to be changed, it is
important for a manager to be able to change and adapt. Arriving to
work at the same time every day and wearing certain kinds of
clothes to work are examples of management principles that are
changing. Women and Minorities in Management
Until the 1980s and 90s, managers of most large and medium-sized
U.S. businesses were almost exclusively white males. Women and
minorities filled primarily service, support, and menial jobs.
Management principles regarding women and minorities are changing,
and they are now serving in senior management such as CEO. Women
and minorities often face a glass-ceiling an invisible barrier that
prevents them from moving up in the world of business. Women and
minorities who are promoted can also provide more opportunities to
promote women and minorities. Fact and Idea Review Cont.
1. How have changes in modern business created challenges for
managers? 2. Which management level is responsible for:
a.Establishing a business partnership? b.Resolving disputes between
employees? c.Designing a plan to meet a company goal? Cont. Fact
and Idea Review cont.
3. Which role does a manager fill when resolving a dispute?Or when
holding astaff meeting? 4. List the three types of management
skills and explain why each is important. 5. Can a management
principle be proven just like a scientific principle?Explain.