Question

What are the functional areas of management?

Answer 1

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==>The main purpose of functional areas is to ensure that all-important business activities are carried out efficiently. This is essential if the business is to achieve its aims and objectives.

==>At the most fundamental level, management is a discipline that consists of a set of five general functions: planning, organizing, staffing, leading and controlling. These five functions are part of a body of practices and theories on how to be a successful manager.

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==>Functional Areas of Management – 15 Major Functional Areas of Management

Production Management: Production is an •important and specific part of the entire business. ...

•Cost Management: ...

•Accounting Management: ...

•Financial Management: ...

•Office Management: ...

•Personnel Management: ...

•Marketing Management: ...

•Sales Management:

==>Generally, the six functional areas of business management involve strategy, marketing, finance, human resources, technology and equipment, and operations. Therefore, all business planners should concentrate on researching and thoroughly understanding these areas as they relate to the individual business.

$\huge\mathcal\pink{Thank you}$

Answer 2

Answer:

Everything you need to know about the functional areas of management. There is a very wide scope of management.

The management function varies in accordance of its use. Every organisation have different functional area of management require for planning of activities, organisation of resources, establishment of communication system, leading and motivation of people, and control of operations for the realisation of its goals or objectives.

Explanation:

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