Understand business management activities and careers.

What is business management? Business management is the direct control of a business or enterprise. It means working with people and using resources effectively and efficiently to accomplish organizational goals.

Who performs management functions? Every business, large or small has managers. Their overall job is to make sure that the organization meets its goals and obligations.

Levels of Business Management (Managers) Top-level Managers Middle-level Managers First-line Managers OR Supervisory Managers (sometimes called operational managers)

1. Top-Level Managers: Set goals Plan for the future Examples President Vice president CEO Top-level managers usually consist of a small group of people or even one person.

2. Middle-level Managers Carry out the decisions of top-level management. They are responsible for Planning and controlling an operation. Examples Plant managers Department heads

3. First-Line Managers: Direct the day-to-day activities of operational employees. Examples Supervisors Team Leaders Coaches Unit Coordinators

Four Functions of Managers Business management activities are classified as one of the four functions of management. PLANNING ORGANIZING CONTROLLING LEADING

Why is planning important? Setting company goals Deciding what must be done (Top-level managers), Deciding who will do what Deciding how the work will be grouped, and Why is planning important?

Why is organizing important? Assigning managers different tasks Coordinating activities. Knowing what the other managers are doing Why is organizing important?

How does Leading help a business? Creating a vision for the company Setting standards Communicating company goals to employees Providing guidance Resolving conflict among employees How does Leading help a business?

4. Controlling Keeping the company on track Making sure all goals are met. How does Controlling help the business? Check your understanding! Which of the four management functions do you think you could BEST perform? Why?

Check your understanding! The FBLA president falls under which level of management?

If You Like: Business Numbers Organizing things

Then you might consider a career in: Business Management.

Factors That Will Affect Your Career Education Where You Want To Work (Workplace) The money you want to make (salary) The things you do on your job (job duties)

Education & Salary Different jobs require different education levels. For example: A File Clerk may only need to have a High School Diploma but A Manager may need a Bachelors’ Degree Generally, the more education you have the more money you will earn.

Types Of Education High School Diploma High School Career and Technical Education/Training On the Job Training Apprenticeship Bachelors’ Degree Masters’ Degree PhD (Doctorial Degree)

Work Description What you would be required to do on the job. Your job duties. For example: A Receptionist will answer the phone. A Supervisor is responsible for directing the day-to-day activities of employees.

Choosing Your Workplace The kind of activities you do will impact the career you choose and place you work!

What Is The Occupational Outlook Handbook? The Occupational Outlook Handbook lists various information on hundreds of different types of jobs—such as Administrator and Manager. It is available online and in hard copy.

The Occupational Outlook Handbook Tells: The training and education needed Earnings Expected job prospects What workers do on the job Working conditions Job search tips Links to job markets in the each state & more

Some Business Management Careers Administrative Services Manager Construction Manager Education Administrators Farm Operations and Manager Funeral Director Loan Officers and Counselors Health Service Manager Hotel Manager Human Resources (HR) Manager Public Relations Manager