Functions of management Planning Planning is the manager’s ability to map out an action plan that is oriented towards attaining certain organizational goals. It entails identifying an objective, recognizing the efforts and actions that will lead to the desired goal and making a plan on how to actualize them. Planning incorporates internal factors such as […]

Supply chain management /operations management Supply chain management is the management of the flow of goods and services. It focuses on the sourcing of raw materials, production, and distribution of goods to the final customer. Supply chain management aids in streamlining the business and minimizing costs to maximize profits. It mainly focuses on making supply […]