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Friday, July 4, 2008

Nostalgia 4: Management Shock

What I learned this 4th week of INTRICTness is that the distribution of papers doesn't mean a hand-out; It means a QUIZ!!! The quiz was shockingly not included in my stock knowledge. But thankfully, there were some items that are multiple choice, though I more or less just base my answers in instinct. Then, Sir Oli, who understands our blankness at the second part gave us some clues or some obvious answers...If he didn't, we were doomed! The last part was essay, and yeah, I just blab something gibberish...But with all my talking, the quiz was not recorded since most of us are unwilling to record it since a lot failed...Well, enough with my nonsense and let's get with the learning stuff that is only 1/4 of this post LOL :D Durign the test, I spot some things that is quite oblivious in my part, like the different kinds of management. That one was the give away part in the test.

So here are the 9 kinds of Management...Hopefully, I still remember since I don't have a copy of it...TSK TSK!!!

1. Accounting Management - is often referred to as billing management. The goal is to gather usage statistics for users. Using the statistics the users can be billed and usage quota can be enforced.

2. Human Resources Management - HRM) is the strategic and coherent approach to the management of an organization's most valued assets - the people working there who individually and collectively contribute to the achievement of the objectives of the business. The terms "human resource management" and "human resources" (HR) have largely replaced the term "personnel management" as a description of the processes involved in managing people in organizations.Human Resource management is evolving rapidly. Human resource management is both an academic theory and a business practice that addresses the theoretical and practical techniques of managing a workface.

3. IT Management - Strictly speaking, there are two incarnations to this definition One implies the management of a collection of systems, infrastructure, and information that resides on them. Another implies the management of information technologies as a business function

4. Distribution - They are the one responsible in the distribution of the products.

5. Customer Service Management - (CRM) is a multifaceted process, mediated by a set of information technologies, that focuses on creating two-way exchanges with customers so that firms have an intimate knowledge of their needs, wants, and buying patterns. In this way, CRM is intended to help companies understand, as well as anticipate, the needs of current and potential customers.

6. Sales Management - is critical for any commercial organization. Expanding business is not possible without increasing sales volumes, and effective sales management goal is to organize sales team work in such a manner that ensures a growing flow of regular customers and increasing amount of sales.

7. Marketing Management - is a business discipline focused on the practical application of marketing techniques and the management of a firm's marketing resources and activities. Marketing managers are often responsible for influencing the level, timing, and composition of customer demand accepted definition of the term. In part, this is due to the fact that the role of a marketing manager can vary significantly based on a business' size, corporate culture, and industry context. For example, in a large consumer products company, the marketing manager may act as the overall general manager of his or her assigned product

8. Production Management - is an area of business that is concerned with the production of 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, and the analysis of queue systems.

9. Inventory Management - is a list for goods and materials, or those goods and materials themselves, held available in stock by a business. Inventory are held in order to manage and hide from the customer the fact that manufacture/supply delay is longer than delivery delay, and also to ease the effect of imperfections in the manufacturing process that lower production efficiencies if production capacity stands idle for lack of materials.

And thankx For wikipedia for the info :D End of Blog...

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Technology is so much fun but we can drown in our technology. The fog of information can drive out knowledge.