FUNCTIONAL AREAS OF MANAGEMENT

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Last updated 5:35 AM on 9/2/26
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8 Terms

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  1. human resources

  2. marketing

  3. operations

  4. financial

  5. materials and procurement

  6. office

  7. information and communication technology


functional areas of management

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human resources

process of bringing people and organization together so that the goals of each are met

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marketing management

choosing target markets and building profitable relationships with them

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operations management

managers engage to produce goods and services and concerned with the process of turning inputs to produce outputs

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financial management

effective and efficient utilization of funds within companies or organizations for the effecient operations to aid in financial decision making

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materials and procurement management

concerned with ensuring that the right materials are in the right place and in the right quantities when needed

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office management

effective and efficient means of office administration including office work, environment, and personnel

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information and communication technology management

processing of data into useful form by investing on technology for information and communication to promote a competitive advantage