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Define Business Management

Career Definitions – Define Business Management

Career Definitions – Define Business Management

RURAL DEVELOPMENT & CO-OPERATION (PG DIP)

Define Business Management Refers to the basic development of rural regions in either underdeveloped countries or in deprived areas of more developed countries employing improvements in the standard of living through co-operative organizations formed for the purpose.

RURAL INDUSTRIES MANAGEMENT & ECONOMICS (SEG/PG)

The sociological study of rural communities and rural life in both agricultural and industrialized societies..

SALES MANAGEMENT (DIP/DEG/PG/PG DIP)

Refers to the supervision of company sales personnel. They help, train new sales people, set up targets and make studies of product demand and selling techniques.

SALESMANSHIP (DIP)

The work or position of a salesman who sells goods or conducts sales, or one who sells produce or services of another the technique or skill of selling.

SCHOOL MANAGEMENT (DIP)

The administration and direction of a the school, with special emphasis on such matters as staffing discipline, availability of supplies, care of building and grounds and physical comfort. It also includes attending to the needs of students, They are also responsible for maintenance of statutory records as required.

SMALL BUSINESS MANAGEMENT (PG DIP)

The manner in which a business is operated in a small scale industry. it consists of the operation. supervision, and execution of management policies.

SOCIAL SCIENCES (CER/PG DIP)

The study of society and of individual relationships in the society, generally include sociology psychology, anthropology, economics, political science and history.

STORE MANAGEMENT (DIP/DEG)

Store managers receive, unpack, check, store, issue and keep track of merchandise or materials. They keep records pf items entering or leaving the stock room and report damaged or spoiled They organised and when necessary mark items with identifying codes or prices so that inventories can be tested quickly and easily. This includes maintaining various records required.

SYSTEMS & MANAGEMENT STUDIES (PG DIP)

Systems management involves integrating various activities of different departments, maintaining and updating of information, controlling of access to information and helping the management in decision making and other activities.

TAX PLANNING & TAX MANAGEMENT (CER)

Tax planners prepare the income tax returns for individuals and small businesses for a fee, either for quarterly or yearly filings. They assist in establishing and maintaining business files and records to expedite tax return preparations. They may also provide guidance for methods to increase future savings from tax payments.

TAXATION (DIP/DEG/PG DIP)

The imposition or levying of taxes. they conduct research on effects of taxes on firm operations and recommend changes to reduce taxes. Some may specialize in fields like taxation on individual income, property or corporation.

ADVERTISING (DIP / CER / DEG / PG DIP) 

Advertising is a profession which is a tool not merely to promote sales but the business as the whole.It is a specialized where talent & techniques are combined to handle the task of communication between a company & the public professionally & effectively.

EXECUTIVE DEVELOPMENT (DIP / PG DIP / PG) 

A course that helps the working executives to learn & implement the latest implements in the industry in a scientific manner.Generally this is the course to update their skills to make sure that they can handle the jobs at higher levels.

RURAL DEVELOPMENT & CO – OPERATION (PG DIP) 

Refers to the basic development of rural regions in either underdeveloped countries or in deprived areas of more developed countries, employing improvements in the standard of living & participation of local populations in the program set up.

ADMINISTRATION MANAGEMENT (DEG / PG / PG DIP) 

Refers to implementation or execution of policies and programmers of the Management.

ADMINISTRATIVE MANAGEMENT (DIP / PG / PG DIP) 

It involves the implementation or execution of policies and programmers of the Management.

AGRICULTURAL ECONOMICS & FARM MANAGEMENT (PG) 

The study of farming as a source of income and wealth.It covers the role of agriculture and modernized agriculture, the efforts made in various countries to stabilize farm prices and incomes, international differences in output and yields and the various ways in which land is owned and cultivated.

BANKING (DEG / PG DIP) 

Includes general banking services such as deposits, loans, investments, special banking services like credit cards, safe deposit locker services etc.

BUSINESS ADMINISTRATION (DIP / DEG / PG DIP / PG) 

A college or university course that offers instruction in general business principles and practices.

BUSINESS MANAGEMENT (DIP / DEG / PG DIP / PG) 

The manner in which a business is operated.It deals with the operation, supervision and execution of management policies, in all aspects.

BUSINESS MANAGEMENT FOR SMALL SCALE INDUSTRY (DIP / DEG / PG) 

The manner in which a business is operated in a small scale industry.It deals with the operation , supervision and execution of the management policies.

COMMUNITY AND ENVIRONMENTAL PLANNING (PG DIP) 

Community and environmental planning include pollution control of air, water, noise, pollution from hazardous waste.Planners need to be good at reading and interpreting maps, charts, diagrams, instruction manuals etc.

DISTRICT LEVEL PLANNING ( PG DIP) 

District planners develop program to provide for growth and re-vitalization of their region.They help local officials take decisions on social, economic and environmental problems.

ENTREPRENEURSHIP (DEG / PG / PG DIP) 

Entrepreneurship is an opportunity of self employment and self reliance, where a confident and qualified individual can venture out to be a master of himself and his life.It is a field where individual either on his own or in partnership with others start ventures.

EXECUTIVE DEVELOPMENT (DIP / PG DIP / PG) 

This is a course that helps the working executives to learn and implement the latest developments in the industry in a scientific manner.Generally this is a course to update their skills make sure that they can handle jobs at higher level.

EXPORT – IMPORT MANAGEMENT (CER / DIP / PG DIP) 

Export deals with any goods or services sold to a foreign country.Import deals with any goods or services purchased from a foreign country.The management of this transactions needs special skills because it involves following many procedures and documentation.

FACTORY MANAGEMENT (DIP / PG DIP) 

Factory managers oversee the entire manufacturing processes.Factory managers oversee the entire day to day activities of a manufacturing plant.They also play a major role in the production and marketing decisions.They are also responsible for observing statutory provisions of labor, factory laws.

FOOD PRODUCTION MANAGEMENT (PG DIP) 

It teaches about various process of food production, sanitary management etc.They supervise the kitchen and dining room.They food preparation and cooking, checking quality and the sizes of portions of food to ensure well garnished and timely prepared food.

FOREIGN / INTERNATIONAL TRADE MANAGEMENT (DIP / PG DIP) 

The buying and selling of different goods and services among different nations, which plays a major role in the respective economies.International trade is a lucrative career of business dealing in the international markets with high standard goods of quality and in large quantities.

HOTEL & TOURISM MANAGEMENT (DIP / PG DIP) 

A hotel manager is in charge of personnel, the money for operating the hotel and promotion of the hotel.Hotel managers are responsible for operating matters such as rates of the rooms, use of guest credits and the assignment of personnel.They have overall responsibility for managing hotels profitably and providing the best possible services for guests.Tourism industry is concerned with accommodating the growing no of people who are interested in visiting new places and to see new things, pilgrimages to holy lands, sacred places and other sites of miracles.With the improvement in the modes of transportation with modern facilities the no of tourists also increased.It is also expected of the managers to help and guide the tourists accomodated in the Hotel in visiting the places of interest.

HOTEL ADMINISTRATION (PG DIP) 

It deals with the control of various operations like finance, marketing, production process etc.It mainly involves in the running of the hotel on profitable basis.They oversee day to day problems.It is also expected of the managers to help and guide the tourists accommodated in the Hotel in visiting the places of interest.

INDUSTRIAL MANAGEMENT (DIP / DEG / PG DIP / PG) 

The application of engineering principles, training and the techniques of scientific management to the maintenance of high level of productivity at optimum cost in industrial enterprises, by analytical study, improvement and adopting of methods and systems, operating procedures, quantity and quality measurements and control, safety methods and personal administration.

INTERNATIONAL TRADE (PG / PG-DIP) 

International trade is a lucrative career with business dealings in the international markets with high standard goods of qualities, in high quantities.For this they should know the trade regulations of other countries also and economic situation world wide.

LABOR MANAGEMENT (PG) 

Labor management is a special branch of economics which analyses relationship in the rural market and evaluates existing and proposed labor policies.It examines specific issues dealing with the level of employment, collective bargaining and labor standards and wages etc.

MANAGEMENT OF PUBLIC ENTERPRISES (PG DIP) 

The term public enterprises denotes an organization operating on commercial principles, wholly or partly owned and effectively controlled by a public authority.

MANAGEMENT SCIENCE (DIP / DEG / PG DIP / PG) 

Management science dealing with the study of formulating and executing business or industrial policy through the functional activities of planning, organizing, coordinating and controlling. It also studies the hierarchy of persons.

MARKETING MANAGEMENT (CER / DIP / PG DIP / PG)

It includes sales management, marketing research, channels of distribution and customer credit management.It also includes the advertising, public relations and sales promotional activities.

MATERIALS MANAGEMENT (PG DIP) 

Management of materials involves the storage and supply of raw materials, parts and sub-assemblies used in creating the final product or service, the supplies necessary for conducting the business. Ink, pens, paper and other pieces of equipment typewriter, filling cabinets.The activities dealing with these materials fall into 3 distinct categories, acquisition, internal management and physical distribution.

MERCHANT BANKING & FINANCIAL SERVICES (PG DIP) 

Merchant banking is a kind of financial institution that provides varieties of services, including investment banking, management of customers securities portfolios, insurance, acceptance of foreign bills of exchange, dealing in bullion etc.

ORGANIZATIONAL BEHAVIOR (DIP) 

Refers to study of group decision making process, group dynamics, negotiation and also refers to bureaucracies.

PERSONAL MANAGEMENT (DIP / PG DIP / PG) 

It is also known as human resource management.It includes attracting, acquisition, training, motivating, compensating of human skill inventory.In short to manage the entire staff and others employed in an establishment and looking after their pay and allowances, wages, properly accounted and paid and look after their welfare and ensure their smooth working for the betterment of the establishment.

PERSONNEL MANAGEMENT & INDUSTRIAL RELATIONS (DIP / PG DIP / PG) 

Deals with people: how to recruit, select, place, train, develop and develop and motivate them in performing the work of an organisation.It also includes pay, service, retirement and pensions, as well as subjects like discipline and discharge.

PLANNING (ECONOMICAL) (PG) 

Planning in economical terms implies considering of operational costs, cost-benefit analysis at every step of planning stage.They forecast and plan for the economic problems arising from there production and distribution of goods and services as the exploitation of natural resources, manpower and manufactured products.

PUBLIC ADMINISTRATION (DEG / PG / PG DIP) 

The implementation of public policy, largely by the executive branch.The activity involved in implementing the policies and programs of the government.Public administrators are involved in policy formation and decision making and its implementation.

PUBLIC RELATIONS (DIP / DEG / PG-DIP) 

Public relations is the job of maintaining and ensuring good relations between the general public and a particular individual , company, product or organisation.Advertising is placing wide public presentations or announcements about products, services, activities with the objective of persuading the public to buy particular goods or services of to accept a given point of view or concept.

RURAL BANKING (DEG) 

An establishment that performs one or more of the following functions in the rural areas for the rural population.Accepts custody of money, lends money, extends credit, issues currency or facilitates the transfer of funds by means of cheques, drafts, bills of exchange or other instruments of credit for purposes of agricultural operations etc.

ADVERTISING (CER/DIP)

Advertising dealing with publicity of industrial; products and services. Some. Of the advertising agencies also do public relations and image building.

ADMINISTRATIVE MANAGEMENT (DIP)

Administrative service managers – who work through private industry and government – coordinate and direct supportive services such as secretarial and correspondence, conference planning and travel, information processing, personnel and financial records processing, communication, mail, materials Schelling and distribution, printing, supply, disposal, data processing, library, and transportation.

BUSINESS ADMINISTRATION (DIP)

A college or university course of study that offers instruction in general business principles and practices.

BUSINESS MANAGEMENT (DIP)

The manner in which a business is operated. It includes the operation, supervision, and execution of management policies.

BUSINESS MANAGEMENT FOR SMALL INDUSTRY (DIP)

The manner in which a business operates in a small scale industry. It includes operation, supervision, and execution of management policies. Bushiness manager will be responsible for production, sales promotion, advertising, personnel, and industrial relation and finance departments.

EXECUTIVE DEVELOPMENT (DIP)

It is for updating the skills of practicing executives in latest techniques of management.

EXPORT-IMPORT MANAGEMENT (CER/DIP)

Any goods or services sold to a foreign country. Any goods or services purchased from a foreign country. The management of the above activities, it includes maintenance of foreign finance and foreign relations.

FACTORY MANAGEMENT (DIP)

Factory managers oversee the entire manufacturing process. Factory manager oversees the day to day activities of a manufacturing plant. They also play a large part in the production and marketing decision. They are responsible for the safety measures in the factory.

FOREIGN / INTERNATIONAL TRADE (DIP)

The buying and selling of goods and services among different nations, which plays a major in their respective economics. The management of the above activities.

HOTEL & TOURISM MANAGEMENT (DIP)

A Hotel manager is in charge of personnel, also the money for operating the hotel and promotion of the hotel. Hotel managers are responsible for operating matters such as rates of the rooms, and the assignment of personnel. They have overall responsibility for operating hotels profitably and providing the best possible services for guests. Tourism industry is concerned with accommodating the growing number of people who are interested in visiting new places and to see new things, pilgrimages to the holy lands, sacred places and the other sites of interest. as technology improved the modes of transportation is also available to remote parts of the country as such the number of tourists also increased.

INDUSTRIAL MANAGEMENT M(DIP)

The application of engineering principles and training and the techniques of scientific management to the maintenance of a high level of productivity at optimum cost in industrial enterprises, as by analytical study, improvement and installation of methods and systems, operation procedures,quantity and quality measurements and controls, safety measures and personnel administration.

INDUSTRIAL RELATIONS (DIP)

The dealings or relations of an industrial concern with its employees, with labor in general and with the public. The relation between employers and employees.

INDUSTRIAL SAFETY & HEALTH HYGIENE (DIP)

Industrial safety and health technicians work in industrial plants, where they are involved with evaluation and designing controls to reduce potential health and safety hazards. Using precision measuring instruments they measure noise level and air quality in industrial environments.

MANAGEMENT SCIENTIST SCIENCE (DIP)

The act, art, or techniques of managing or of controlling and exercising discretionary powers in the direction of an enterprise. The knowledge of how to guide, direct and supervise the operation of a business. Also includes the study of the managers, supervisors, and executives who direct the affairs collectively.

MARKETING MANAGEMENT (CER/DIP)

Subject of marketing management covers marketing as well as sales, all aspects related to making the product attractive up-to delivery and consumer satisfaction are covered.

ORGANISATIONAL BEHAVIOR (DIP) 

Refers to the study of group decision making process, group dynamics, negotiation and also include improving morale and productivity among employees.

PERSONNEL MANAGEMENT (DIP) 

In business and government, the managing of an organisation’s employees, their job also include improving morale and productivity among employees.

ORGANISATIONAL MANAGEMENT & INDUSTRIAL RELATIONS (DIP)

In business and government, the managing of an organisation ‘s employees, relations between employee and employer, deals with labor disputes and knowledge of labor laws.

PUBLIC RELATIONS (DIP)

All institution need close relationship with public and this subject teaches how to create a good public image using various communication modes.

PUBLIC RELATIONS & ADVERTISING (DIP) 

The creation or maintenance of goodwill and a favorable public image by an organisation, company, famous person etc, the methods or profession of creating or maintaining such an image etc is known as public relations. Public presentations or announcements about products, services or activities with the objective of persuading the public to buy particular goods or services or to accept a given point of view or concept.

SALES MANAGEMENT (DIP)

Refers to the supervision of company sales personnel.They help, rain new sales personnel,they help, train new sales people, setup targets and make studies of product demand and selling techniques.

SALESMANSHIP (DIP)

The work or position of a salesman, who sells goods or conducts sales, or one who sells products or services. The technique or skill of selling.

SCHOOL MANAGEMENT (DIP)

The administration and direction of a the school with special emphasis on such matters as staffing discipline availability of supplies, care of building and grounds, and physical comforts, It also includes attending to students needs and students welfare.

SOCIAL SCIENCES (CER)

The study of society and of individual relationships in and to society, generally includes sociology, psychology, anthropology, economics, political science and history.

STORE MANAGEMENT (DIP)

Store managers receive, unpack,check store, and keep track of merchandise or materials. They keep records of items entering and manage the stock room and report on damaged or spoiled goods They organize and when necessary, mark items with identifying codes or prices so that inventories can be tested quickly and easily.

TAX PLANNING & TAX MANAGEMENT (CER)

Tax planners prepare the income tax returns for individuals and small businesses for a fee, either for quarterly or yearly return filings. They assist in establishing and maintaining business files and records to expedite tax return preparations.They may also provide guidance for methods to increase future savings from tax payments.

Define Business Management TAXATION (DIP)

To impose or levying of tax on income, wealth,gift, estate duty etc.

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