Tyipical management Functions Flashcards
1
Q
Typical management functions
A
Operations management,
Marketing management,
human resources,
finance management,
research and development management
2
Q
Operation Management
A
Production of goods or provision of services:
EG. Materials management
facilities design and layout, quality management, and use of technology
3
Q
Human resource management
A
Managing the relationship between employees
EG. establishinh, maintaining and terminating staff
4
Q
Financial management
A
Managing monetary aspects
EG. budgeting, accounting, financial polices, price setting
5
Q
Marketing management
A
Responsible for marketing mix ( 4 ps) eg. promotion, distribution , pricing
6
Q
Research and development
A
designing and improving products or process
