Areas of Management Flashcards

1
Q

Operations of Management

A
  • Produces goods or services
  • Business must have a good/ service
  • Operations as an area of management contributes to objectives by producing goods to make a revenue (which makes a profit)
  • Operations directing influence the quality of a good or service
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2
Q

Human Resources

A
  • Establishes and manages the relationship the business has with employees ( hiring, training, termination)
  • Different areas of management require different skills
  • HR ensure employees are treated well
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3
Q

Sales and marketing

A
  • Handles monetary requirements
  • Require money to start. function and grow
  • Finance raise funds, budget and prepare reports
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4
Q

Technology

A
  • Installs automated equipment, machinery and devices
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