Entrepreneurship

Entrepreneurship

Grade 11

Multiple Choice

What are the functions of management?

• Planning,evaluating and organizing

• Controlling , directing and Planning

• Planning, organizing, directing and controlling

• Organizing , directing and Planning

Chapter 14.1: Entrepreneur or Manager?

Pages 333-339

Objectives

• Determine organizing and directing plays a distinct role in managing a business

• Analyze the function of controlling a business

• Debate on the key elements in a positive climate

Information

To carry out your company’s plans, you must organize people, equipment, materials, and other resources. Organizing is the grouping of resources in combinations that will help you reach your objectives. This means deciding what jobs need to be done.

Directing

Employees require guidance and supervision. After organizing your people and resources, you need to direct your employees’ efforts to accomplish your planned objectives. Directing is the process of guiding and supervising employees, often one-on-one, while they work.

Open Ended

1.What are the things you need to organize for the business?

2.How is direction done in a business?

Multiple Choice

Is a manager ever finished with planning?

• Yes, One stops planning after you start a business

• No, He can continue planning

• No; planning is an ongoing process

Video

https://study.com/academy/lesson/controlling-as-a-function-of-management.html

Open Ended

1. What are the different ways you can control a business? Also, find its importance in a business.

Multiple Choice

What are some advantages and disadvantages of giving employees so much creative freedom?

• Adv: New methods, Disadv: costly

• Adv: new ideas, Disadv: employees productivity

• Adv: new plans , Disadv: No ideas

Establishing climate

The climate that exists in a new business is linked to the tone the manager sets. Climate is a prevailing atmosphere or attitude. As the manager, you want to create a climate that provides for growth of employees as well as the business; creativity, innovation, and change; problem solving, goal development, and goal achievement; and effective communication within the business. Three key elements in positive business climates include image, team building, and communication. 

Open Ended

1. What are the different methods of providing a positive climate?

2.What are the benefits of teambuilding?

Multiple Choice

How can changing customer policies and customer service improve the company image?

• Attracting customers

• Solving people's problems

• More customer friendly ideas attract customers

• All of these

Open Ended

Write the main points in 60 seconds.