What Are The Different Areas Of Management:
- Operations Management
This focuses on designing and controlling the production process of goods or services. It helps to generate the greatest possible efficiency within a company. Their main motive is to maximize the company's profits. It comprehensively describes all aspects of production management, from manufacturing to trading.
- Public Relations Management
It deals with managing communications between the public and an organization. It is how people and organizations communicate with the media and the public. A public relations specialist shares information, views, and opinions with the target audience. They create and maintain a positive image and build a relationship with the public.
- Supply Chain Management
It is the management of the process of moving a product or service from the supplier to the consumer. It controls the flow of goods and services. This includes all processes that convert raw materials into products. It encompasses the active flow of a company's supply-related functions to maximize customer value. It help to gain a competitive advantage in the marketplace.
- Human Resource Management
This helps in attracting, recruiting, training, paying and rewarding employees, and motivating employee. Employees are human resources play a key role in developing and managing corporate culture. Therefore, human resources management is one of the most important tasks.
- Research and Development Management (R&D)
The Research and Development (R&D) department manages the research and development teams. Companies need to innovate, develop and improve products in this changing technological world. In this context, R&D is of immense importance for companies to gain a competitive advantage. R&D management plays an important role in improving or enhancing a company's performance.
