- Strategic Management: involves setting the organization’s overall direction and making long-term plans to achieve the company’s goals and objectives. This involves analyzing the external environment, identifying the company’s strengths and weaknesses, and developing strategies to position the company for success.
- Financial Management: involves managing the financial resources of the organization, such as budgeting, forecasting, financial analysis, and managing investments.
- Marketing Management: involves identifying and understanding customer needs, developing and implementing marketing strategies, and managing the promotion and distribution of the company’s products or services.
- Operations Management: involves managing the processes and systems that produce and deliver the company’s products or services. This includes supply chain management, production management, and logistics.
- Human Resource Management: involves managing the company’s employees, including recruitment, hiring, training, development, performance evaluation, and compensation.
- Information Technology Management: involves managing the company’s technology infrastructure, including hardware, software, and data management, to support the company’s business goals.
- Risk Management: Risk management involves identifying and managing the risks that the company faces, such as financial risks, legal risks, and operational risks. This includes developing risk management plans and implementing strategies to mitigate risk
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