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.
Read more about this topic: Business
Other articles related to "management":
... Listed below are the primary tasks/ services performed by management accountants ... 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 ...
... In general, Battle Management command centres require rapid access to and control of large, rapidly changing information databases ... available isolated-word recognizers into battle management environments ... equipment was tested in conjunction with an integrated information display for naval battle management applications ...
... 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 ...
... 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, Connecticut, United States ... 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 ...
Famous quotes containing the word management:
“The management of fertility is one of the most important functions of adulthood.”
—Germaine Greer (b. 1939)
“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)
“No officer should be required or permitted to take part in the management of political organizations, caucuses, conventions, or election campaigns. Their right to vote and to express their views on public questions, either orally or through the press, is not denied, provided it does not interfere with the discharge of their official duties. No assessment for political purposes on officers or subordinates should be allowed.”
—Rutherford Birchard Hayes (18221893)