answersLogoWhite

0

What else can I help you with?

Continue Learning about Economics

What is economic of adult education?

This is a continues process in the management of cost, benefit & effectiveness of adult education programmes to achieve an end.


Discuss the functional area of management?

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/


What is Something put into a system such as resources in order to achieve a result?

Something put into a system, such as resources, in order to achieve a result is referred to as an "input." Inputs can include various elements like labor, materials, information, and capital, which are utilized to produce outputs or achieve specific outcomes. The efficiency and effectiveness of a system often depend on the quality and quantity of these inputs.


Difference between strategic marketing and strategic management?

Strategic management is the process of specifying an organization's objectives, developing policies and plans to achieve these objectives, and allocating resources to implement the policies and plans to achieve the organization's objectives. It is the highest level of managerial activity, usually performed by an organization's Chief Executive Officer (CEO) and executive team. Strategic management provides overall direction to the enterprise. Strategic management is a combination of strategy formulation and strategy implementation. "Marketing is the process of planning and executing the conception, pricing, promotion and distribution of ideas, goods and services to satisfy customers." Marketing management is a business discipline focused on the practical application of marketing techniques and the management of a firm's marketing resources and activities. Marketing managers are often responsible for influencing the level, timing, and composition of customer demand in a manner that will achieve the company's objectives.


Can you explain the efficient and effective utilization of financial resources?

Efficient utilization of financial resources involves maximizing outputs while minimizing costs, ensuring that every dollar spent generates the highest possible return. Effective utilization, on the other hand, focuses on aligning financial resources with strategic goals and objectives, ensuring that investments support long-term growth and sustainability. Together, these approaches enable organizations to optimize their budgets and achieve their desired outcomes while maintaining financial health. Balancing both efficiency and effectiveness is crucial for sound financial management.

Related Questions

Management can be thought of as a process a discipline a human activity and a career Discuss.?

Management is considered a process because it involves planning, organizing, leading, and controlling resources to achieve specific goals. It is a discipline that involves theories, principles, and tools to effectively manage organizations. Management is also a human activity as it involves interacting with people, understanding their behaviors, and motivating them to work towards common objectives. Lastly, management can be a career where individuals develop expertise in managing people and resources to achieve organizational success.


What is the importance of Industrial management?

Industrial management is using human and non human resources to achieve goals. The importance of industrial management is the utilization of organizational resources to achieve industry set goals.


What is management in living?

.It is the process of making good use of available resources to achieve what you want.


What management style would you use?

Management is pervasive in process,function and activity in any organization to effectively and efficiently utilize the resources to achieve the organizational objectives by planning,organising,staffing,directing and control.The traditional style of management and modern style of management differ in the methodology of the institution.Its use also would depend on the objectives and the means used to achieve the goals.


What is management for MBA student?

Management is the process of coordinating all available resources in an effort to achieve organizational goals and objectives. These resources would include the following.materialhumanfinancialinformational (internal and external environmental factors)Management is the process of coordinating all available resources in an effort to achieve organizational goals and objectives. These resources would include the following.materialhumanfinancialinformational (internal and external environmental factors)Management is the process of coordinating all available resources in an effort to achieve organizational goals and objectives. These resources would include the following.materialhumanfinancialinformational (internal and external environmental factors)Management is the process of coordinating all available resources in an effort to achieve organizational goals and objectives. These resources would include the following.materialhumanfinancialinformational (internal and external environmental factors)Management is the process of coordinating all available resources in an effort to achieve organizational goals and objectives. These resources would include the following.materialhumanfinancialinformational (internal and external environmental factors)Management is the process of coordinating all available resources in an effort to achieve organizational goals and objectives. These resources would include the following.materialhumanfinancialinformational (internal and external environmental factors)


What is meaning of resources in engineering term?

A resource means an economic or productive factor required to accomplish an activity, or as means to undertake an enterprise and achieve desired outcome.Three most basic resources are land, labor, and capital.Other resources include energy, entrepreneurship, information, expertise, management, and time.


Management is what management does?

management is a process which involves process of planning,organizing ,directing and controlling the organization resources in order to achieve the organizations goals.


Critically explain the term management?

Management is a process of planining,organising,leading and controlling resources to achieve certain goals.


What is economic of adult education?

This is a continues process in the management of cost, benefit & effectiveness of adult education programmes to achieve an end.


What does management does?

management is a process which involves process of planning,organizing ,directing and controlling the organization resources in order to achieve the organizations goals.


Management can achieve its goals by coordinating what four types of resources?

Material, informational, human, and financial


Define the term 'Management'?

Management is a scientific process,and the art of functional activity by an organisational group that effectively and efficiently employs the outsourced resources available to co-ordinate all activities and attain the objectives planned by the organization.It is the art of getting things done by utilization of resources.