Online Management Education Help
                     MANAGEMENT 
What is Management?
    Management is essential for 
organized life and necessary to run 
all types of management. Good 
management is the backbone of 
successful organizations. Managing 
life means getting things done to 
achieve life’s objectives and 
managing an organization means 
getting things done with and through 
other people to achieve its 
objectives.
Types of Management
1. Strategic Management :Strategic management 
looks at an organization's overall strategy 
formation and execution with the goal of growing 
and sustaining competitive advantage.
2. Sales Management: Sales management is the 
process of developing a sales force, coordinating 
sales operations, and implementing sales 
techniques that allow a business to consistently 
hit, and even surpass, its sales targets. If your 
business brings in any revenue at all, a sales 
management strategy is an absolute must.
Types of Management
   3. Marketing Management: 
Marketing management is the 
organizational discipline which 
focuses on the practical application 
of marketing orientation, techniques 
and methods inside enterprises and 
organizations and on the 
management of a firm's marketing 
resources and activities.
Types of Management
   3. Marketing Management: 
Marketing management is the 
organizational discipline which 
focuses on the practical application 
of marketing orientation, techniques 
and methods inside enterprises and 
organizations and on the 
management of a firm's marketing 
resources and activities.
Types of Management
    4. Public Relations : "Public 
relations is a strategic 
communication process that builds 
mutually beneficial relationships 
between organizations and their 
publics." Public relations can also be 
defined as the practice of managing 
communication between an 
organization and its publics.
Types of Management
    5. Operations Management: 
Operations management is the 
administration of business practices to 
create the highest level of efficiency 
possible within an organization. It is 
concerned with converting materials 
and labor into goods and services as 
efficiently as possible to maximize the 
profit of an organization.
Types of Management
    6. Supply Chain Management: In 
commerce, supply-chain 
management, the management of 
the flow of goods and services, 
involves the movement and storage 
of raw materials, of work-in-process 
inventory, and of finished goods 
from point of origin to point of 
consumption
Importance of Management
       It helps in Achieving Group Goals - It arranges 
the factors of production, assembles and organizes 
the resources, integrates the resources in effective 
manner to achieve goals. It directs group efforts 
towards achievement of pre-determined goals. By 
defining objective of organization clearly there 
would be no wastage of time, money and effort. 
Management converts disorganized resources of 
men, machines, money etc. into useful enterprise. 
These resources are coordinated, directed and 
controlled in such a manner that enterprise work 
towards attainment of goals.
Importance of Management
       It helps in Achieving Group Goals - It arranges 
the factors of production, assembles and organizes 
the resources, integrates the resources in effective 
manner to achieve goals. It directs group efforts 
towards achievement of pre-determined goals. By 
defining objective of organization clearly there 
would be no wastage of time, money and effort. 
Management converts disorganized resources of 
men, machines, money etc. into useful enterprise. 
These resources are coordinated, directed and 
controlled in such a manner that enterprise work 
towards attainment of goals.
Importance of Management
       Optimum Utilization of Resources - 
Management utilizes all the physical & human 
resources productively. This leads to efficacy in 
management. Management provides maximum 
utilization of scarce resources by selecting its 
best possible alternate use in industry from out of 
various uses. It makes use of experts, 
professional and these services leads to use of 
their skills, knowledge, and proper utilization and 
avoids wastage. If employees and machines are 
producing its maximum there is no under 
employment of any resources.
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