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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.

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Relationship of production function with other functional area of production management?

The production function in management needs the keen division of labor and monitoring of inputs. Production relates to other functions which include design, process management, storage and transportation.


Relationship of production function with other functional area of production management by saravanavel and sumathi?

The production function is a core concept in production management that defines the relationship between inputs and outputs in the production process. It interacts with various functional areas such as inventory management, quality control, and operations strategy, as these areas rely on understanding how input variations affect output efficiency and product quality. Saravanavel and Sumathi highlight that optimizing the production function can lead to better resource allocation, improved productivity, and enhanced decision-making across these functional areas. Ultimately, effective integration of the production function with other management aspects is crucial for achieving operational excellence.


What is the specialized area of management that converts or transforms resources into goods and services?

Operations Management


The level of penetration of high demand not remote processing in computerization have indeed become measure of national economic development discuss the area of national develop?

The level of penetration of high demand not remote processing in computerization have indeed become measure of national economic development discuss the area of national develop?


Discuss the function of money?

Discuss the function of money

Related Questions

Difference between a functional area and a management function?

I think that functional area is a place where people works and a management function is a people who manage...


Functional area of management?

Functional area of management refers to the various tasks that are done in an organization under supervision. These will consists of planning, leading, organizing and coordination of these functions.


Which functional area of the Organization Domain covers change management?

the executive area.


Relationship of production and operational management with other functional area?

GEDGEYGERY


Is there Relation between financial management and other functional areas?

Discuss capital structure theories and the appropriate theory for your organization if any


Which functional area is responsible for the overall operation and maintenance of the aviation resource management system?

HARM


What are building blocks of each functional area such as billing and inventory management?

The building blocks of functional areas like billing and inventory management include processes, data management, and technology systems. For billing, key components involve invoicing, payment processing, and customer account management. In inventory management, essential elements include stock tracking, order fulfillment, and supplier management. These components work together to ensure efficient operations and accurate information flow within each functional area.


What does administration functional area do?

The administration functional area typically handles tasks such as office management, human resources, financial management, and regulatory compliance within an organization. This area focuses on ensuring smooth day-to-day operations, supporting employees, managing resources efficiently, and ensuring compliance with relevant laws and regulations.


What Determines mandatory training education and experience for each acquisition functional area?

Functional advisors (FA) Directors of Acquisition Career Management (DACMs) Defense Acquisition University (DAU)


IT systems functional area's mission goals and purpose?

For an IT system to be qualified as good enough, it has to address the functional areas such as planning, information delivery and submission of important reports meant for company management.


Who Serves as the point of contact for and monitors the records management program of their unit or functional area and serves as liaison with the base RM?

FARM


Who serves as the point of contact for and monitors the records management program of their unit or functional area and serves as liaison with the based RM?

FARM