GLENCOE BUSINESS MANAGEMENT Real-World Applications & Connections Section 3.2 A Future in Management In this section: All kinds of businesses need managers. This section discusses: • Types of Management Careers • Applying for a Job Copyright © Glencoe/McGraw-Hill Slide 1 of 13 GLENCOE BUSINESS MANAGEMENT Real-World Applications & Connections Section 3.2 A Future in Management What You’ll Learn • The kinds of management careers available. • The difference between for-profit businesses and nonprofit organizations. • How to write a résumé and cover letter. Copyright © Glencoe/McGraw-Hill Slide 2 of 13 GLENCOE BUSINESS MANAGEMENT Real-World Applications & Connections Section 3.2 A Future in Management Why It’s Important To begin a career in management, you need to know what management jobs are available and how to apply for them. Copyright © Glencoe/McGraw-Hill Slide 3 of 13 GLENCOE BUSINESS MANAGEMENT Real-World Applications & Connections Section 3.2 A Future in Management Key Terms • for-profit business • cover letter • nonprofit organization • chronological résumé • résumé • skills résumé Copyright © Glencoe/McGraw-Hill Slide 4 of 13 GLENCOE BUSINESS MANAGEMENT Real-World Applications & Connections Section 3.2 A Future in Management Types of Management Careers 1. For-profit businesses operate to earn money for their owners. 2. Nonprofit organizations operate to promote a special interest or cause. Copyright © Glencoe/McGraw-Hill Slide 5 of 13 GLENCOE BUSINESS MANAGEMENT Real-World Applications & Connections Section 3.2 A Future in Management Estimated Growth in Some Managerial Occupations Occupation Accounting, Auditing, & Bookkeeping Health Services Managers Holding & Other Investment Offices Copyright © Glencoe/McGraw-Hill Approximate 1996 Employment Projected Increase by 2006 6,699 23.60% 1,417 37.70% 1,841 21.10% cont. Slide 6 of 13 GLENCOE BUSINESS MANAGEMENT Real-World Applications & Connections Section 3.2 A Future in Management Estimated Growth in Some Managerial Occupations cont. Occupation Approximate 1996 Employment Projected Increase by 2006 Management & Public Relations 19,945 28.50% Mortgage, Security, & Commodity Bankers & Brokers 2,517 43.70% Copyright © Glencoe/McGraw-Hill Slide 7 of 13 GLENCOE BUSINESS MANAGEMENT Real-World Applications & Connections Section 3.2 A Future in Management When Applying for a Job When applying for a job, you should know about • Types of résumés • Preparing a résumé • Writing a cover letter Copyright © Glencoe/McGraw-Hill Slide 8 of 13 GLENCOE BUSINESS MANAGEMENT Real-World Applications & Connections Section 3.2 A Future in Management Types of Résumés • Chronological résumé. • Skills résumé. • Computers and résumés Copyright © Glencoe/McGraw-Hill Slide 9 of 13 GLENCOE BUSINESS MANAGEMENT Real-World Applications & Connections Section 3.2 A Future in Management Preparing a Résumé • Showcase what you have to offer. • Be honest. • Concentrate on your skills and education if you don’t have much experience. • Keep your résumé brief. • Leave out any reference to your age, race, sex, marital status, height or weight, or overall health. Fig 2-1 Copyright © Glencoe/McGraw-Hill Slide 10 of 13 GLENCOE BUSINESS MANAGEMENT Real-World Applications & Connections Section 3.2 A Future in Management Writing a Cover Letter • Tell the company why you’re writing. • Explain to the company why they should hire you. • Ask for an interview in the closing paragraph. Copyright © Glencoe/McGraw-Hill Slide 11 of 13 GLENCOE BUSINESS MANAGEMENT Real-World Applications & Connections Section 3.2 A Future in Management Fact Idea and Review 1 What is the difference between a for-profit firm and a nonprofit organization? 2. The purpose of a résumé and cover letter is to get you a job. True or false? Explain your answer. 3. List three things you should not include on your résumé and explain why you shouldn’t list them. Cont. Copyright © Glencoe/McGraw-Hill Slide 12 of 13 GLENCOE BUSINESS MANAGEMENT Real-World Applications & Connections Section 3.2 A Future in Management Fact Idea and Review cont. 4. Why do companies scan résumés and keep them in electronic databases? 5. What should you include in the first paragraph of your cover letter? The last? Copyright © Glencoe/McGraw-Hill Slide 13 of 13