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What is retail management scope and function of retail management?

The retail management scope is to ensure that all retail activities are managed in the right way. The function of retail management is merchandising and ensuring that commodities get to the consumer.


Scope of retail management in future?

The scope of retail management is set to change in the future. This is due to the rise of automation.


Explain Nature and scope of educational management?

what is the nature and scope of educational management


Discuss the nature and scope of management accounting?

difine the nature and scope of management accounting?


What is the nature and scop of Human resource management?

Human Resource Management (HRM) is a strategic and pervasive function focused on effectively managing people within an organization to achieve both organizational and individual goals. Nature of HRM The nature of HRM is people-oriented and development-oriented. It is not merely an administrative function but a comprehensive, continuous, and future-focused process. It is pervasive, meaning it exists in every department and at every level of management. HRM treats people as a valuable asset and seeks to maximize their potential, encouraging high performance through motivation, skill development, and creating a positive, harmonious work environment. Scope of HRM The scope of HRM is vast and covers the entire employee lifecycle, typically segmented into three main areas: Personnel Aspect: This includes core functions like workforce planning, recruitment and selection, placement, performance appraisal, training and development, and compensation management (wages, salaries, and benefits). Employee Welfare Aspect: This focuses on working conditions and amenities, such as health, safety, medical assistance, housing, and social security. Industrial Relations Aspect: This involves maintaining healthy relationships between management and employees/unions, handling grievances, and ensuring legal compliance with labor laws.


What is the nature and scope of manufacturing management?

The nature and scope of manufacturing management is used for purposes of production, This will include all the stages of production up to the point where the product is ready for the consumer.


What is the nature and scope of marketing management?

creating demand of product


Explain the nature and Scope of Strategic cost management?

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Nature and scope of management accounting?

The scope of management accounting is to aide management of a particular company with enough information to take critical decisions. Nature of management accounting includes coverage of day to day expenses, research and development, and current market scenario.


Can you explain the nature and scope of the product or service management function?

bush


What is the nature and scope of international financial management?

The nature and scope of international financial management is to analyze the money needed by different fractions of an international company. The second step is to help raise that money and then to invest it wisely.


Nature and scope of international finance management?

The nature of international financial management is in having a relationship with accounting and economics. The scope of this management is figure out the amount of money a company needs, and then to source it to them. It is also their job to make sure the company invests it properly.

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