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Management is the process of cordinating organasational recourse together using the management functions which are planning, organising, leading and controlling in order to achieve the stated goals, while organisation is a group of people working together to achieve stated goals.
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Difference between HRM and SHRM?
Human Resource Management is a discipline within business. The Society for Human Resource Management is a professional organization for human resource professionals.
Difference between strategic financial management and financial management?
The difference between strategic financial management and financial management lies in their focus and scope. Financial management primarily involves managing an organization's day-to-day finances, such as budgeting, accounting, and cash flow management. Strategic financial management, on the other hand, focuses on long-term financial planning aligned with the organization’s goals and objectives. It involves making decisions that not only improve current financial performance but also ensure the organization's future financial stability and growth. For expert insights on strategic management concepts, visit PMTrainingSchool .Com (PM training).
Distinguish between line and staff relationships?
The difference between line and staff relationships is the chain of command. In a line organization the top management has complete control and the chain of command is very clear.
Explain the difference between financial accounting and management accounting?
Management accounting is a tool that managers use to perform day-to-day operations in an organization. This type of accounting usually does not provide exact numbers, but rather estimate and forecast. Financial accounting is a tool used to present the financial status of the organization to its external stakeholders. This type of accounting provides accurate numbers.
What is the difference between What is the difference between financial accounting and management accounting?
Financial accounting is used to present the performance and financial statements to third parties while management accounting is used for company's internal working purpose.
What is the main difference between flat and tall organization structure?
The management hierarchy.
What is the difference between business management and finance management?
Financial management is the management of monetary resources in an organization. Business management is the management of all aspects of an organization, not only monetary resources but human resources, marketing etc.. as well.
What is the difference between autocratic management from democratic management?
A democratic manager consults its members of staff in the decision making of an organization.
What is the difference between Institute of management and Management Institute?
Both are the same I think management institute also concern with the leadership also .you can Google the best ILM training organization for this.
Difference between operation management and production management with examples?
the difference between production management and operation management?
What is the difference between scientific management and administrative management?
scintific management theory focus on the work and worker , deal with worker as machine and maxemize personnel productivity. adminstrative management focus on the entire organization
Difference between scientific management and modern management?
difference between scientific management practices and modern management practices.?
Difference between MBO and traditional management?
difference between mbo and traditional management
Difference between HRM and SHRM?
Human Resource Management is a discipline within business. The Society for Human Resource Management is a professional organization for human resource professionals.
What is the difference between centralised and decentralised purchasing?
the difference between centralized and decentralized purchasing system of organization is that in a centralized structure all the decision making and authority are focused on the top tier or management
What is the difference between the traditional risk management and enterprise risk management?
The differences between traditional risk management and enterprise risk management are their strategic applications and performance metrics. Enterprise risk management involves the whole organization while traditional risk management is usually more departmentalized.
What is the difference between new organization and old organization?
The difference between a new organization and an old organization is simple. An old organization has just been a round longer than a new organization.
