Ch- 05 Functional Areas of Management
Prepared by Mr. Bibhudendra sarangi (Sr. Lect. SC & HUM Dept.)
Subject – EM & ST
Chapter – 5 – Functional Area Of Management
Topic – Overview of Functional Area Of Management
Semester – 5th
Branch – Electronics & Telecommunication
AY-2021-2022, WINTER-2021
FUNCTIONAL AREAS
OF
MANAGEMENT
FUNCTIONAL AREAS OF MANAGEMENT
MARKETING MANAGEMENT
PRODUCTION MANAGEMENT
HR MANANGEMENT
INVENTORY MANAGEMENT
FINANCIAL
MANAGEMENT
FINANCIAL MANAGEMENT
HR MANAGEMENT
PRODUCTION MANAGEMENT
Process of planning, organizing, staffing, directing and controlling the production activities.
Creation of anything of value that people want and willing to pay for the same.
converting inputs into output
PRODUCTION MANAGEMENT AREAS
DESIGNING
QUALITY
SUPPLY CHAIN MANAGEMENT
LOCATION
SELECTION
INVENTORY
FINANCIAL MANAGEMENT
Financial management refers to the effective management of money(funds) in such a manner as to accomplish the objectives of the organization.
FINANCIAL MANAGEMENT
CAPITAL BUDGETING
COST OF CAPITAL
DIVIDEND POLICY
PORTFOLO MANAGEMENT
SHORT AND LONG TERM LOANS
INVESTMENT POLICY
MARKETING MANAGEMENT
Process of planning, organizing.
Staffing, directing, and controlling marketing activities.
Closest to customers
MARKETING MANAGEMENT AREAS
PRODUCT
PRICING
DISTRIBUTION OR
PLACE
PROMOTION
HUMAN RESOURCE MANAGEMENT
It is concerned with obtaining
satisfactory & satisfied work force
& maintaining of a
i.e. employees. It is
concerned with man management.
HRM AREAS
PLACEMENT
INDUCTION
WAGE AND SALARY
PERFORMANCE APPRASIAL
PROMOTION
TRAINING
RECRUITMENT
THANK YOU