Business Management

By | February 15, 2017

Business management in all areas of business and organization activities are acts of gathering people to achieve goals and desired objectives. Business management comprises planning, organization, staffing, leading or directing, and controlling an organization (a group of one or more persons or entities) or effort in order to achieve an objective. Given that organizations can be seen as business management systems also can define as human action, including design, to facilitate the production of useful results of a system. This view opens the possibility to handle himself, a pre-requisite for attempting to go to others. The goal of business management, is the creation of wealth for business owners, providing a value that consumers need. The business management process involves: * investigate opportunities for profitable business market. ** The development of strategies for the management of marketing, business operations, financial management and business management of human resources management. * Implementation of strategies through the planning, organization, motivation and control.

Areas of business management in the business management, production managers must buy and carry an inventory of raw materials and semi-finished inputs, manage the use of these inputs in the process of production, and control of inventories of finished goods and shipping, transport and distribution of final products. In business management, the conduct of the Marketing Manager of market research to determine which products, in which prices and quantities and with features that will create value for consumers. It also manages the advertising, promotion and sale of the company’s products. In business management, finance managers should raise capital for the company from external sources, such as the stock market, banks, individuals and the debt market public and manage the internal allocation of funds in the company. They also evaluate capital to invest in plants and equipment and for research and development. One of the most important aspects of business management is to ensure that all employees have the information, skills, attitudes and motivation to use their full potential to achieve the strategic objectives of the company.


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