Mag Demo » Business

Operations management

admin — Mon, 06 Apr 2009 13:42:38 +0000

Operations management is an area of business concerned with the production of quality goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. It is the management of resources, the distribution of goods and services to customers. Operations also refers to the production of goods and services, the set [...]

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Business operations

admin — Mon, 06 Apr 2009 13:41:08 +0000

Business operations are those ongoing recurring activities involved in the running of a business for the purpose of producing value for the stakeholders. They are contrasted with project management, and consist of business processes. The outcome of business operations is the harvesting of value from assets owned by a business. Assets can be either physical [...]

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Management

admin — Mon, 06 Apr 2009 13:39:57 +0000

The study of the efficient and effective operation of a business is called management. The main branches of management are financial management, marketing management, human resource management, strategic management, production management, service management, information technology management, and business intelligence. Management in all business and human organization activity is simply the act of getting people together [...]

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Classifications

admin — Mon, 06 Apr 2009 13:38:51 +0000

There are many types of businesses, and, as a result, businesses are classified in many ways. One of the most common focuses on the primary profit-generating activities of a business: * Agriculture and mining businesses are concerned with the production of raw material, such as plants or minerals. * Financial businesses include banks and other [...]

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Basic forms of ownership

admin — Mon, 06 Apr 2009 13:37:03 +0000

Although forms of business ownership vary by jurisdiction, there are several common forms: * Sole proprietorship: A sole proprietorship is a business owned by one person. The owner may operate on his or her own or may employ others. The owner of the business has total and unlimited personal liability of the debts incurred by [...]

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