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Overview of funtional areas of management
The document outlines the five functional areas of management: marketing, production, human resources, office management, and financial management. Each area involves specific processes and activities, such as planning, organizing, and controlling, to achieve organizational goals efficiently. Additionally, it provides references for further reading on the subject.
In this document
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Introduces the presenters, Snehal Chak and Chahat Madan.
Discusses the various functional areas of management.
Describes marketing, production, HR, office, and financial management as key areas.
Defines marketing management focusing on planning and controlling marketing activities toward customers.
Covers core areas in marketing management: product, pricing, distribution, and promotion.
Describes the process of managing production activities, converting inputs to outputs.
Details areas of focus in production management: design, quality, supply chain, and inventory.
Discusses HRM, focusing on maintaining a satisfied workforce and effective man management.
Highlights key areas in HRM: placement, induction, wages, performance, training, and recruitment.
Defines office management as controlling daily operations to achieve specified goals economically.
Lists important office management areas: layout, environment, typing, record, and mail management.
Defines financial management in terms of effectively managing funds to meet organizational objectives.
Details aspects of financial management: capital budgeting, cost of capital, dividends, and investments.
Provides references used within the presentation for more information.
Ends the presentation with a simple 'Thank You' to the audience.
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Overview of funtional areas of management
- 1. PRESENTED BY : SNEHALICHAKE CHAHAT MADAN
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- 4. MARKETING MANAGEMENT Process ofplanning, organizing. Staffing, directing, and controlling marketing activities. Closest to customers
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- 6. Process of planning,organizing, staffing, directing and controlling the production activities. Creation of anything of value that people want and willing to pay for the same. PRODUCTION MANAGEMENT converting inputs into output
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- 8. HUMAN RESOURCE MANAGEMENT Itis concerned with obtaining & maintaining of a satisfactory & satisfied work force i.e. employees. It is concerned with man management.
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- 10. OFFICE MANAGEMENT Office managementis directing & controlling of an office in order to achieve its specified purpose in the most economical way. It is a process of overlooking the day- to-day operations of an office.
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- 12. FINANCIAL MANAGEMENT Financial managementrefers to the effective management of money(funds) in such a manner as to accomplish the objectives of the organization.
- 13. FINANCIAL MANAGEMENT CAPITAL BUDGETING COST OF CAPITAL DIVIDEND POLICY PORTFOLO MANAGEMENT SHORT AND LONGTERM LOANS INVESTMENT POLICY
- 14. REFERENCES http://www.businessmanagementideas.com/manage ment/5-main-functional-areas-of-management- business-management/512 PRINCIPLES OFMANAGEMENT – T RAMASAMY https://giphy.com/search/giffy
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