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":
... Association for Information and Image Management, the association for electronic content management Association of Records Managers and Administrators, the association ...
... 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 ... (MBA), Master of Advanced Management (MAM), and Ph.D ... conducts education and research in leadership, economics, operations management, marketing, entrepreneurship, organizational behavior, and other areas as of this time, its most acclaimed programs ...
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... In general, Battle Management command centres require rapid access to and control of large, rapidly changing information databases ... been undertaken to interface commercially available isolated-word recognizers into battle management environments ... 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 ...
Famous quotes containing the word management:
“Why not draft executive and management brains to prepare and produce the equipment the $21-a-month draftee must use and forget this dollar-a-year tommyrot? Would we send an army into the field under a dollar-a-year General who had to be home Mondays, Wednesdays and Fridays?”
—Lyndon Baines Johnson (19081973)
“This we take it is the grand characteristic of our age. By our skill in Mechanism, it has come to pass, that in the management of external things we excel all other ages; while in whatever respects the pure moral nature, in true dignity of soul and character, we are perhaps inferior to most civilised ages.”
—Thomas Carlyle (17951881)
“People have described me as a management bishop but I say to my critics, Jesus was a management expert too.”
—George Carey (b. 1935)