The efficient and effective operation of a business, and study of this subject, is called management. The major branches of management are financial management, marketing management, human resource management, strategic management, production management, operations management, service management and information technology management.
Owners engage in business administration either directly or indirectly through the employment of managers. Owner managers, or hired managers administer to three component resources that constitute the business' value or worth: financial resources, capital or tangible resources, and human resources. These resources are administered to in at least five functional areas: legal contracting, manufacturing or service production, marketing, accounting, financing, and human resourcing.
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Other articles related to "management":
... The Yale School of Management (also known as Yale SOM) is the graduate business school of Yale University and is located on Hillhouse Avenue in New Haven ... the Master of Business Administration (MBA), Master of Advanced Management (MAM), and Ph.D ... The School conducts education and research in leadership, economics, operations management, marketing, entrepreneurship, organizational behavior, and other areas as of this time, its most acclaimed programs are ...
... Care must be taken with medications, as side effects may be more common and harder to evaluate in individuals with AS, and tests of drugs' effectiveness against comorbid conditions routinely exclude individuals from the autism spectrum ... Abnormalities in metabolism, cardiac conduction times, and an increased risk of type 2 diabetes have been raised as concerns with these medications, along with serious long-term neurological side effects ...
... Listed below are the primary tasks/ services performed by management accountants ... Industry or client segment reporting Sales management scorecards Cost analysis Cost–benefit analysis Cost-volume-profit analysis Life cycle cost analysis Client profitability analysis IT cost ... lease analysis Strategic planning Strategic management advice Internal financial presentation and communication Sales forecasting Financial forecasting Annual budgeting Cost allocation ...
... Association for Information and Image Management, the association for electronic content management Association of Records Managers and Administrators, the association for records management professionals ...
Famous quotes containing the word management:
“The Management Area of Cherokee
National Forest, interested in fish,
Has mapped Tellico and Bald Rivers
And North River, with the tributaries
Brookshire Branch and Sugar Cove Creed:
A fishy map for facile fishery....”
—Allen Tate (18991979)
“The care of a house, the conduct of a home, the management of children, the instruction and government of servants, are as deserving of scientific treatment and scientific professors and lectureships as are the care of farms, the management of manure and crops, and the raising and care of stock.”
—Catherine E. Beecher (18001878)
“The management of fertility is one of the most important functions of adulthood.”
—Germaine Greer (b. 1939)