EXPLAIN THE METHODS OF CONTROLLING THE PURCHASE OF MANUFACTURED PRODUCTS AND SERVICES
methods of management information system
Because the other functions of management: organizing, Staffing, Evaluating, Controlling and actuating are pointless if you don't have a plan that sets goals and methods to achieve them.
IT enables management decision making on a broader and more rapid scale than non-automated methods would allow.
which of the following methods is effective in controlling balance of payments ?
No
Education
Methods of management include various approaches to effectively oversee and coordinate organizational resources and activities. Common methods include planning, which involves setting objectives and outlining steps to achieve them; organizing, which focuses on arranging resources and tasks; leading, which emphasizes motivating and guiding employees; and controlling, which involves monitoring performance and making necessary adjustments. Other approaches may include project management methodologies like Agile or Waterfall, as well as strategic management practices that align organizational goals with market demands.
Classroom
Some methods of controlling pathogens include disinfection, sterilization, proper hygiene practices, vaccination, antimicrobial treatments, and quarantine measures. It is important to use a combination of these methods to effectively control the spread of pathogens and prevent diseases.
Michael Pidd has written: 'Computer simulation in management science' -- subject(s): Accessible book, Mathematical models, Management, Data processing 'Tools for Thinking' -- subject(s): Simulation methods, Problem solving, Management science 'Measuring the performance of public services' -- subject(s): Management, Evaluation, Public administration, BUSINESS & ECONOMICS / Organizational Behavior 'Computer simulation in management science' -- subject(s): Management science, Computer simulation, Management, Data processing, Mathematical models
Fear and Awe
In business, quantitative methods help the management and the decision makers to have quantifiable estimates of certain decisions. For example, a business can estimate the effect of doubling capital input or borrowing certain loans.