Discuss the functional area of management? The functional area of management includes the tasks and responsibilities of planning, organizing, leading, and controlling an organization's resources in order to achieve its goals and objectives. These resources can include financial, human, technological, and natural resources. Effective management in these areas helps to increase efficiency, productivity, and overall performance of the organization. The functional areas of management include operations management, human resources management, financial management, and strategic management. My recommendation: https://www.digistore24.com/redir/391113/Michiyana/
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.
National Response Coordination Center- NRCC
Operations Management
The role of management in an organization is to help it to manage, organize and plan their organization
The level of activity in an organization depends on factors such as market demand, workforce productivity, resources availability, technological advancements, and strategic decisions made by the management. These factors influence the level of production, sales, innovation, and overall business operations within the organization.
Finance Marketing Management Operations Human resources
operations
Material management is the approach an organization takes to properly plan, organize, and control anything concerned with the flow of materials and resources related to or needed by the group. The philosophy is that good material management will keep an organization in resources and in business.
Operations management and human resource management are the two separate fields. They interact primarily on the administrative issues such as payroll, operations and human resources are intimately related at a fundamental level. Operations are the context that often explains or moderates the effects of human resource activities such as pay, training, communications and staffing.
Human Resources Management Marketing Management Project and Operations management Strategic Management Finance Management Information and Communication Technology Management
Management is the process of choosing and coordinating all available organizational resources to accomplish the firms goals and objectives. Without appropriate management of these resources, companies can not survive.