MANAGERIAL FUNCTIONS Flashcards
Focuses on Activites related to employee recruitment, training, performance management, and workplace culture.
Human Resource
Identifying Customer needs, developing products/services, pricing, promotion, and distribution strategies.
Marketing Management
Oversees production processes, inventory management, quality control, and supply chain optimization.
Operations Management
Manages Finances, budgeting, financial planning and investment decisions to ensure profitability and sustainability.
FInancial Management
Sourcing, Purchasing, and Managing Materials and Supplies that are essential for production and operations.
Materials and Procurement Management
Administrative Tasks, Facility Management, Record-keeping, office procedures to support organizational operations
Office Management
Oversees strategic utilization and administrationn of technology resources to optimize organizational efficiency and achieve business objectives.
ICT Management