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Class Notes

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Class Notes

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roekess4
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Introduction to Business Management - Class Notes

Lecture 1: Understanding Management

- Management is the process of planning, organizing, leading, and


controlling resources.
- Managers ensure that organizational goals are achieved efficiently
and effectively.

Key Functions of Management

1. Planning - Setting objectives and determining how to achieve them.


2. Organizing - Arranging resources and tasks to implement plans.
3. Leading - Motivating and directing people to work towards goals.
4. Controlling - Monitoring performance and making necessary
adjustments.

Lecture 2: Levels of Management

- Top-level managers: Responsible for long-term strategy and vision.


- Middle-level managers: Implement strategies and supervise lower
management.
- First-line managers: Direct daily activities of employees.

Lecture 3: Skills of a Manager

- Technical skills: Job-specific knowledge.


- Human skills: Ability to work with people.
- Conceptual skills: Strategic thinking and problem-solving.

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End of Notes

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