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Write the definition of management and identify four managerial positions and give practical examples of how each involves the five functions of management?

managers can be differentiated on the basis of their positions in the organization.they can be classified as: - Top Managers - Middle Managers - First line Managers - Non Management Personnels


Define the term sales management explain the functions of sales management in detail quoting suitable examples?

Sales management is the practical application of sales techniques. Functions are like product sales where a sales person walks round selling products.


What are the difference and similarities between Henri fayol and max weber's Theory?

Henri Fayol's theory of management focuses on the functions of management and the principles of administration, emphasizing the organizational structure and managerial hierarchy. Max Weber's theory of bureaucracy, on the other hand, emphasizes the importance of rules, impersonal relationships, and rational decision-making within organizations. Both theorists highlight the need for effective management practices, but Fayol's theory is more focused on the practical application of managerial principles, while Weber's theory emphasizes the ideal characteristics of bureaucracy.


What has the author Michael McGrath written?

Michael McGrath has written: 'Practical M&A execution and integration' -- subject(s): BUSINESS & ECONOMICS / Accounting / Managerial, Consolidation and merger of corporations, Management


How managerial economics is pragmatic?

Managerial economics is pragmatic since it is practical subject. It prevents abstracts issues of economics theory and help in solving complications that are not covered by economics theory. Thus it helps to analyze the situations in which managers take decision.


What is bma course?

A BMA course typically refers to a Bachelor of Management Studies or a similar program focused on business management. It encompasses various subjects such as finance, marketing, human resources, and operations management, aimed at equipping students with essential skills for managerial roles. The course often includes practical training and projects to enhance real-world application of business concepts. Overall, it prepares graduates for diverse careers in the corporate sector.


As a student of Management critically analyze theoretical and practical underpinnings of Personnel Management and Human Resource Management and help clarify their positions.?

Human Resource Management The paper discusses HRM rationale, history, key areas and practice, difference between hard and soft models, and their international tendencies. It concludes that models be based on the culture and demographic characteristics of the target organization. http://www.associatedcontent.com/article/1860053/human_resource_management.html


What are the Subjects of madras university bank management 3rd year?

practical auditing banking theory credit risk management international banking investment management


Managerial Economics serves as a link between traditional economics and decision making Discuss?

many concepts in economics are regarded as empirically observed and evident but not theoretically understood or validated. That is to say there is a void between the academic Economics (traditional) and the practical application of Economics (managerial). Managerial economics serves as a means of applying economic theory to managerial decisions (real life business problems) of dealing with limited resources and competing ends. Managerial economics is a link as it's basis is in "traditional" economics but it can rarely be perfectly applied to contemporary "real life" decision making.


What does a BBA make?

This programme is designed to provide a strong functional skills in different management settings, with an emphasis on managerial skills such as problem solving, decision making and leadership. It helps students to gain knowledge in the diverse functional areas of business management. This programme also gives opportunity to gain knowledge in finance, marketing, manufacturing, human relations, strategic planning, risk management etc. There is also an institutional training opportunity under this programme so as to understand the practical aspects of management. The knowledge gained under this programme will be relevant to pursue higher studies in business and management.


Objectives of marketing management?

Marketing management is a business discipline which is focused on the practical application of various marketing techniques. It also involves the management of a firm's marketing resources and activities.


What are the characteristics of managerial economics?

1. Micro econonic nature. 2.use of macro economics 3.use of theory firm 4.prospective nature 5.practical approch 6. Decision making at managerial level 7. Normative economics 8. Nature of business economics