6 elements of Business management framework

1.Strategic Management

where you formulate goals, milestones and business plan and know where you are and where you want to go in a certain period of time and how you get there

2. Marketing management

Products

Pricing

Place

promote

3. Operations management

Examines all business process to discover

Quality

processes cost effective

Operations plan

4. Human Resource management

Recruit

Retain

5. Financial management

Profitable decision

Cashflows

Meet financial obligations

Compile financial statements

6. Research & Development management

Improve current products and services

Develop new products and services

Discover more efficient ways to offer products and services

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