1d Arias of management Flashcards
1
Q
What are the 5 arias of management?
A
- Operations
- Finances
- Sales and marketing
- Technology
- Human resources
2
Q
Operations as an area of management
A
Produces the goods or services that a business sells to customers.
3
Q
Human resources
A
Establishes and manages the relationship the business has with it’s employees, including there hiring, training and termination
4
Q
Sales and marketing
A
Promotes and sells the business goods or services to customers to generate revenue
5
Q
Finance
A
Handles the monetary requirements of the a business
- manages the money and budgets of the company
6
Q
Technological support
A
Installs automated equipment, machinery and devises within the business and provides assistance to employees on the use of these technologies