GEN 009 Module 5 SAS
GEN 009 Module 5 SAS
GEN 009 Module 5 SAS
Productivity Tip: Life is not always perfect. There is always a possibility for a problem. The problem is not the
end. But it’s the beginning of a different life.
A. LESSON PREVIEW/REVIEW
Introduction
After reading the Lesson Title, you must be wondering the differences between an entrepreneur and a
manager. So, let us start with our new lessons.
Please read the learning target before you proceed to the succeeding sections of the module. The
learning target is your goal. Remember, you need to achieve the learning target at the end of the lesson.
B. MAIN LESSON
Entrepreneur refers to a person who creates an enterprise, by taking financial risk in order to get profit.
A Manager, on the other hand, is an individual who takes the responsibility of controlling and administering the
organization.
The similarities between an entrepreneur and business managers reveal that they both are decision
makers; both have managing abilities and can project forward. To become successful in either field both, possess
great time management, organization, prioritize, monitor plans, have great communications and listening skills.
This equates to successful entrepreneurs and business managers.
Levels of Management
a. Top Level – senior executives of an organization and are responsible for its overall management.
Referred to as Strategic Managers. E.g., CEO, CFO, COO, GM
b. Middle level – sometimes called Tactical Managers, they are responsible for translating the general
goals and plans developed by strategic managers into more specific activities. E.g., Regional
Managers, Division Managers
c. Lower – sometimes called front-line or Operational Managers, they supervise the operations of the
organization. They often have titles such as supervisors. E.g. Branch Managers, Department
Managers, Supervisors
Management skills
a. Technical skills – the ability to perform a specialized task involving a particular method or process.
b. Conceptual skills – the ability to identify and resolve problems for the benefit of the organization and its
members. It is the ability to see the big picture.
c. Interpersonal skills – people skills; the ability to lead, motivate, and communicate effectively with others.
Now, let us proceed to the activities that will strengthen your knowledge of the topic.
Try to finish the exercise before going through the Answer Key at the last page. This will help in
checking if you have understood the lessons in this module before going to the next module.
Exercise 1: Read each statement carefully. Identify who is being described in each number, a Manager or an
Entrepreneur.
__________7. Though located on the higher part of the organizational chart, this individual is still
Exercise 2: Read each statement carefully. Identify what management skills are being discussed in each
statement.
__________1. This skill is necessary when leading, motivating, and communicating with others.
__________5. This skill is important when identifying and resolving problems for the benefit of the
organization and its members.
C. LESSON WRAP-UP
Summary
The main difference between Entrepreneur and Manager is their roles in the organization. An
entrepreneur is the owner of the company whereas a Manager is the employee of the company. Entrepreneur
is a risk-taker; they take financial risk for their enterprise. The entrepreneur has a vision and focuses on
achievements and profit.
Congratulations for finishing this module! Shade the number of the module that you finished.
Did you have challenges learning the concepts in this module? If none, which parts of the module helped you
learn the concepts?
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