ACTIVITY: Do you have potential to be a

good manager? Read each statement and

then encircle the corresponding number of
your answer. CHOOSE FROM 2,4,6,8

1)I often take chances even if I am

not certain of the outcome.
2)I enjoy working with others to
achieve a common goal.
3)I often tend to have an influence
on others
4) I have a strong views about what is
right and wrong and can easily
convince people to share my views
5) I inspire confidence in other
people.
I provide constructive criticism to
people who need them.
6) I make myself available to others.
8) I exude confidence and
determination.
9) I express genuine concern for the
well-being and interest of others.
10) I often tell people when they
perform poorly or do not meet my
expectations
INTERPRETATION 68-80 points

You are a potential managerial

candidate. Keep up the good
performance and you can
become one of the best
managers in the future
 INTERPRETATION – 55-67 points
You are a good
managerial candidate.
You have the most of
the qualities of a good
manager. With
consistent improvement,
you can become one
of the best in the future.
 INTERPRETATION – 41-54 points
You are an average
managerial candidate.
You have some of the
qualities of a good
manager but still have
traits and skills that you
need to improve on. With
determination and
practice, you can take
the next step to become
a good manager.
 INTERPRETATION – 40 points and below
You are a below-average
managerial candidate.
You have one or two traits
of a good manager but
still need improvement in
many aspects. Take time
to gain new knowledge
and practice your skills.
Improvement is a reward
gained only by a
persistent learner.
Nature of Management
It is a body of knowledge whose
ideas and principles have become
the basis of organizational framework
employed by many businesses and
organizations.
Nature of Management
Management Management
as a SCIENCE as an ART
• Evolved from a • Considers creativity
number of theories and ingenuity
that involve
extensive studies
Management Defined

The process of planning, organizing,

leading and controlling the activities of an
organization effectively and efficiently to
achieve its goals
 EFFICIENCY VS EFFECTIVENESS

• The ability to • The capacity

EFFECTIVENESS
EFFICIENCY

maximize to attain an
output with intended
minimum objective or
input. result.
• “doing things • “doing the
right” right thing”
 GLOBALIZATION

TECHNOLOGY

FACTORS
INFLUENCING
MANAGEMENT
SUSTAINABILITY

PSYCHOLOGY
ECOSYSTEMS
 GLOBALIZATION
Refers to the phenomenon
of growing interconnectivity
and interdependent
relations between nations.
Advancement in
technology, transportation,
communication and
education
 TECHNOLOGY
Advancement in this
area have immensely
improved in business
trends. New
technologies have
rendered business
functions and related
tasks easier to
accomplish, bringing
about increased levels
of productivity.
TECHNOLOGY

 OUTSOURCING- the transfer

of an organizational
function to a third party.
SUSTAINABILITY AND CORPORATE
SOCIAL RESPONSIBILITY
SUSTAINABILITY in business means that companies should
plan and conduct long-term business operations to ensure
minimal negative impact on the social, cultural and
economic aspects of their external environment of
community
CORPORATE SOCIAL RESPONSIBILITY- willingness of
companies to run their business operations in a sustainable
and responsible manner.
PSYCHOLOGY

Focuses on developing
people management skills
and analyzing customer
satisfaction.
Psychology can help
managers foster closer
relations and better
communication with
employees.
ECOSYSTEMS

Consists of a group
of firms that
provide related
products and
services.
QUIZ
 WRITE T IF THE STATEMENT IS TRUE. IF THE
STATEMENT IS FALSE, CORRECT THE
UNDERLINED WORD AT THE END DOF THE
SENTENCE TO MAKE IT TRUE.
1.Management is a science but not an
art.
2.The management principles, which are
now practiced by business practitioners
and professionals, are based on
scientific principles.
 WRITE T IF THE STATEMENT IS TRUE. IF THE
STATEMENT IS FALSE, CORRECT THE
UNDERLINED WORD AT THE END DOF THE
SENTENCE TO MAKE IT TRUE.
3. Efficiency is the quality of being able to
maximize output with minimum input.
4. Some companies failed to implement
strategies because of the lack of
employees who will execute them.
 WRITE T IF THE STATEMENT IS TRUE. IF THE
STATEMENT IS FALSE, CORRECT THE
UNDERLINED WORD AT THE END DOF THE
SENTENCE TO MAKE IT TRUE.
5. Efficiency means “doing the right
thing”.
6. The driving force of people to do
business in a faster way is
communication.
 WRITE T IF THE STATEMENT IS TRUE. IF THE
STATEMENT IS FALSE, CORRECT THE
UNDERLINED WORD AT THE END DOF THE
SENTENCE TO MAKE IT TRUE.
7. Globalization enables people to do
business in any part of the world.
8. Several concepts from psychology
such as motivation, behavior, attitude
and personality give manners the means
to know their employees better.
 WRITE T IF THE STATEMENT IS TRUE. IF THE
STATEMENT IS FALSE, CORRECT THE
UNDERLINED WORD AT THE END DOF THE
SENTENCE TO MAKE IT TRUE.
9. A business environment consists of a group
of firms which provide related products and
services to meet the needs and interests of all
the key players involved.
10. Management is the process of planning,
organizing, leading and controlling the
activities of an organization effectively and
efficiently to achieve organizational goals.