Willoughby Eastlake Note Taking System Name: Class: Period: Date: Topic: 7.1 Management Functions Questions/Main Ideas: Extra Notes Think of at least two questions per class or two main topics discussed in today’s class. (What, how, when, why) Today’s lesson goals: Describe the overall purpose of management. Discuss the four functions of management. The Main Idea: The purpose of management is to set goals for the company and to help meet those goals as efficiently and effectively as possible. There are four functions of management: planning, organizing, leading, and controlling. If a firm has employees, then some type of management is necessary. Managers can help by __________________ and __________________ employees. Management is the process or functions of planning, organizing, ________________, and ____________________. The four functions of management are: 1. _______________________ 2. _______________________ 3. _______________________ 4. _______________________ Willoughby Eastlake Note Taking System Management Functions The Four Functions of Management A challenge for many managers is dealing with __________________ _________________, each at a different functional level. ____________________ with employees at all times helps assure that objectives are met. #1: PLANNING Planning involves figuring out the resources that are needed and the standards that must be met _________________ is the act or process of ___________________ _______________ and ____________________ as well as strategies to meet them #2 ORGNIZING AND STAFFING A manager is responsible for organizing people, work processes, and equipment • • Managers also _________ and __________ employees and ________ them when necessary. Managers are responsible for making sure employees have all the _________ Willoughby Eastlake Note Taking System they need to do their jobs well. __________________ is getting the resources arranged in an orderly and functional way to accomplish goals and objectives Directions: Identify a local business in the Cleveland area. Identify the different responsibilities you feel a manager at your selected business would have in order to meet the goals and objectives of that business. Name of business: ____________________________________________ List at least four descriptive responsibilities you believe a manager would have at your selected business: 1: _____________________________________________________________ 2: _____________________________________________________________ 3: _____________________________________________________________ 4: ______________________________________________________________ Summary: (2 bullet points summarizing the main ideas or topics presented in class today in a descriptive manner. These descriptions should be more than three words each)