September 2022

Business Fixed Asset Management

Business Fixed Asset Management

Business Fixed Asset Management helps organizations keep an eye on your Fixed Assets like machinery and vehicles. It also evaluates their condition, and maintain operational efficiency. This enables a business to lower inventory losses and machinery breakdowns and increase asset longevity.  Fixed assets are not held for resale in the regular business course but are […]

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Management Information System

Management Information System

Business Information System or Management Information System is defined as the ability of an organization to create, maintain, retrieve, and make immediately available the correct information, in the right location, at the right time, in the hands of the appropriate people, at the lowest cost, in the best media, for use in decision making. The

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Beneifts of Sales Management

Benefits of Sales Management

Benefits of Sales Management is primarily concerned with the planning, leadership, direction, control and management of the sales force and a sub-function of marketing management of an organization. Due to current developments in business operations, the phrase “sales management” transformed as business activity grew more complicated and dynamic. The sales management was only focused on

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Importance of Purchase Management

Importance of Purchase Management

The main importance of purchase Management is that it is the initial stage of materials management in any organization. Purchase operations also involve traffic control, receiving, storekeeping, and accounting tasks in addition to research and development for the appropriate selection of materials and sources, follow-up to ensure timely delivery, inspection to assure amount and quality,

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Importance of Production Management

Importance of Production Management

The importance of production management is quite high in all manufacturing businesses since it supports proper product selection for production as well as proper design selection.  Production is associated with transforming inputs into outputs while using actual resources to meet organizational goals of effectiveness, efficiency, and adoptability while supplying the required benefits to the consumer.

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