The purpose and aim of this paper is to examine the extent to which people are really important activities of the management functions of entrepreneurship and how dangerous are the challenges that the management function of the company faces. The basic premise of this paper is that people consider activities that perform management functions to be very important for successful business and a good work atmosphere. Furthermore, it is assumed that as persons employed in certain companies do not consider certain management functions important only for business but consider them important for themselves and these activities are important for them when choosing a job. Likewise, it is assumed that the challenges faced by the management function of a company are largely dangerous. Both primary and secondary data sources were used for the purposes of the paper. The first part of the paper (theoretical part) includes the application of the compilation method, the comparison method and the historical method, but to the greatest extent also the deductive - inductive method of work. The method of description, analysis and synthesis was also used. Secondary sources of data that sought to address the issues that are the subject of this paper collected from the works of domestic and foreign authors; from books and magazines, to legal sources and existing strategic documents, current public sources and internal documentation. When it comes to the empirical part (research), for the purposes of data analysis, the data collection method, analysis and synthesis method, descriptive method, statistical method, deductive-inductive method, method of determining expert opinion, proving and refuting, and graphical presentation will be used. (pictorial and graphical display).