Untitled quiz

1.•Deals with the sourcing and acquisition of inputs , production operations in the farm or processing plant, warehousing of raw materials and finished goods, waste disposal and other related production activities

2.•Deals with the product featuring, pricing, promotion, advertising and distribution to market outlets or clients of the firm. •This aspect involves packaging design, pricing scheme, promotional and advertising gimmicks, and designing distribution strategies so the product can easily reach the target market or clients.

3.•Deals with the acquisition, mobilization and utilization of funds to finance the overall operations of the business firm. •This aspect involves the formulation of the firm’s overall financial plan to effectively manage the cash, inventories, receivables, marketable securities, fixed assets and other investment of the enterprise. •Moreover, it also involves making investment , financing and dividend decisions of the firm . •Planning, monitoring and controlling the firms cash flows are also among the major concerns of financial management. •These aim to have a timely and adequate cash flows to sustain business operations at all times.

4.•Deals with designing the organizational structure and personnel program including the compensation package of the enterprise. •Management role is to see to it that the firm is following the appropriate organizational structure and the personnel are properly fitted to their positions to effectively perform their assigned functions. •Managing human behavior is also one of the important concerns of this aspect.

7. concerned with obtaining and maintaining a satisfactory and satisfied workforce