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Managing Business

CMFRI Repository

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Relation http://eprints.cmfri.org.in/10839/
 
Title Managing Business
 
Creator Shyam, S Salim
Rahman, M Ramees
 
Description Management can be defined as planning, organizing, leading, and controlling of
human and other resources to achieve organizational goals effectively and efficiently.
Managing a business requires knowledge, dedication, organizational skills and
ingenuity. The overall vision for the business may be to address a need, provide a
service or create something new. Generating revenue is a given goal for businesses,
so the vision statement should be broader than a statement about profits.
The process of managing a business comprises several intertwined elements by
which the goals and objectives of the organisation are achieved. These elements or
functions include, promoting and marketing the product produced by the firm;
making the product available to prospective consumers through proper distribution
channels; managing the accounts and finances of the firm; protecting its intellectual
property, etc. It also involves creating harmony among the working of various
departments and divisions of the firm. Managing human resources and managing
relationship with the customers are the most important elements in the whole
process of business management. An entrepreneur with good managerial skills can
convert the disorganised resources of men, money, material and machinery into a
productive business enterprise.
 
Publisher ICAR-Central Marine Fisheries Research Institute
 
Date 2016
 
Type Book Section
NonPeerReviewed
 
Format text
 
Language en
 
Identifier http://eprints.cmfri.org.in/10839/1/Theeranaipunya_Shyam%20Salim_Ramees.pdf
Shyam, S Salim and Rahman, M Ramees (2016) Managing Business. In: Training Manual on Theeranaipunya - Equipping Fisherwomen Youth for Future. ICAR-Central Marine Fisheries Research Institute, Kochi, pp. 241-243.