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What is business management all about?

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TLAUREN’s Answer

Having a genuine enthusiasm for the business you are overseeing is significant for your prosperity. However, enthusiasm alone isn't sufficient. You additionally need center business aptitudes to appropriately dispatch your association and make due over the long haul. You have to comprehend business arranging, technique, money, and advertising. On the off chance that you intend to recruit individuals to help run things, you need relational abilities, administration aptitudes and a comprehension of how to propel and compensate representatives. You need an unmistakable key vision for the organization and a capacity to settle on educated administration choices dependent on exploration and investigation of the market, the opposition and whatever other inner or outside powers that can affect your business.
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Sharool’s Answer

Business management comprises organizing, planning, leading, staffing or controlling and directing a business effort for the purpose of accomplishing the entity's listed goals.
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shannon’s Answer

The four primary functions of managers are planning, organizing, leading, and controlling. By using the four functions, managers work to increase the efficiency and effectiveness of their employees, processes, projects, and organizations as a whole.
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Irlande’s Answer

The great thing with Business Management is that you can work in almost any industry with this degree. Think about all of your favorite things and places. They all have someone that has to manage their business. That's business management. There are also all levels from entry level to CEO. You can also be your own boss if you like.
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Rachit (Richi)’s Answer

Business management gives you a broad understanding of how businesses work. If you're planning a degree in business management it will likely give you specific knowledge in operations, policy making, business strategy and hierarchy of business and a high level understanding of marketing, customer relations, finance and accounting , and IT.
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Rick’s Answer

Business management as a college degree usually involves a the Bachelor of Science of Business Administration. It can concentrate on many different areas such as management, finance, accounting and marketing to name a few. Obtaining this degree can open many doors in the business world because it is recognized for the broad base of knowledge that you have mastered. I used my degree to get into the commercial insurance industry where I have learned several different disciplines such as claims, underwriting and loss control.
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Firoz’s Answer

Business Management has many opportunities. It can involve Quality Management towards higher quality such as Kanban, Toyota Production System, Pareto Charting , and 5 Whys. It can involve Financial Management including present financial status, future financial status, and financial forecasting. It can involve general management, organization management, human resource management. It can actually involve some technology in Management Of Information Systems(MIS).
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