It is the study of people and how to effectively manage/lead them
A project manager should possess essential skills such as strong communication, leadership, organization, problem-solving, time management, and the ability to work well with a team in order to effectively lead and manage a project.
A project manager needs to possess strong communication, organization, problem-solving, and leadership skills in order to effectively lead and manage a project. These skills are essential for coordinating team members, setting goals, making decisions, and ensuring the project is completed successfully and on time.
Organizations need leaders because it is critical to business and life. Leaders can effectively build teams, manage conflict, and make important decisions to keep the organization moving forward.
I believe you will learn the skills and knowledge about management and leadership more plus the strategies on how to manage more effectively especially when you are handling many people in your organization or company.
It is the study of people and how to effectively manage/lead them
Theyre not using it ?
it helps to control projects more efficently
Tiers of suppliers refer to the categorization of suppliers based on their position in the supply chain. The first tier consists of direct suppliers who provide materials or components directly to a manufacturer. Second-tier suppliers supply goods or services to first-tier suppliers, and this categorization can continue further down the chain. Understanding these tiers helps businesses manage relationships, logistics, and quality control effectively throughout the supply chain.
Why is it important to manage information effectively and efficiently?
span of control
A project manager should possess essential skills such as strong communication, leadership, organization, problem-solving, time management, and the ability to work well with a team in order to effectively lead and manage a project.
Commercial awareness is a deeper understanding of a organization by being aware of its customers, competitors and suppliers. It's important because then you understand what the current trends in the industry is for the organization and its suppliers.
Individual departments are typically not allowed to deal directly with suppliers to ensure consistency in purchasing practices, pricing, and supplier relationships across the organization. This centralized approach helps maintain better control over inventory, reduces the risk of miscommunication, and enables bulk purchasing agreements that can lower costs. Additionally, it allows the procurement team to negotiate favorable terms and manage supplier performance more effectively.
Span of control
This helps manage customers effectively. It allows efficient management of administrative and production processes It enables individuals to provide quality services to the organization.
without suppliers, there is no business.ANSWERTo sustain the business operations of a company or an organization, suppliers are needed to provide the necessary goods and services.