Business Management

Business Management

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Business Management

Business management is the process of overseeing and coordinating the activities of a business or organization to achieve its goals and objectives. It involves managing resources, people, and processes in order to improve efficiency, productivity, and profitability.

 

The role of a business manager is multifaceted and includes tasks such as planning, organizing, directing, and controlling. A successful manager must be able to communicate effectively, motivate employees, and make informed decisions in a constantly changing business environment.

 

Planning is a key aspect of business management, and it involves setting goals and objectives, developing strategies, and creating action plans to achieve those goals. A manager must be able to analyze the strengths and weaknesses of the organization, identify opportunities and threats in the market, and develop plans that take into account the organization’s resources and capabilities.

 

Organizing involves structuring the organization in a way that facilitates the achievement of its goals. This includes creating job descriptions, developing workflows, and establishing reporting relationships. It also involves ensuring that the right people are in the right positions and that they have the necessary resources and support to perform their jobs effectively.

 

Directing involves leading and motivating employees to achieve the organization’s goals. This includes communicating effectively, providing feedback, and creating a positive work environment. A good manager must be able to inspire employees to do their best work and to create a culture of collaboration and teamwork.

 

Controlling involves monitoring and measuring performance to ensure that goals are being met and that resources are being used effectively. This includes tracking financial performance, measuring customer satisfaction, and monitoring employee productivity. A manager must be able to identify problems and take corrective action when necessary to ensure that the organization stays on track.

 

In addition to these core functions, business management also involves a range of other tasks, such as marketing, sales, human resources, and finance. A good manager must be able to understand these areas and be able to coordinate them effectively to achieve the organization’s goals.

 

Ultimately, successful business management requires a combination of strategic thinking, leadership skills, and operational expertise. A manager must be able to see the big picture while also paying attention to the details. They must be able to make tough decisions, inspire employees, and adapt to changing market conditions. With the right skills and approach, a business manager can help an organization thrive and succeed in today’s competitive business environment.

Business Management

RUBRIC
Excellent Quality 95-100%	Introduction 45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.		Literature Support 91-84  points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.			Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score 50-85%	40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.		83-76  points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.			52-49  points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality 0-45%	37-1 points The background and/or significance are missing. No search history information is provided.		75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.			48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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