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Tag: Estimation

Production Planning

Production planning is the administrative process that takes place within a manufacturing business and which involves making sure that sufficient raw materials, staff and other necessary items are procured and ready to create finished products according to the schedule specified. Production planning occupies significant place in an organisation because other functional areas of management viz., financing, […]

Tags Aggregate planning, Chase strategy, Estimation, Hybrid strategy, Level strategy, Production planning, Routing, Scheduling

Financial Management

Introduction to Financial Management

Post author By Hemant More
Post date March 10, 2019
2 Comments on Introduction to Financial Management

Management > Financial Management > Introduction The planning, directing, monitoring, organizing, and controlling of the monetary resources of an organization is called financial management. It is the art and science of managing money It is concerned with procurement and effective utilization of funds for the benefit of its shareholders. It utilizes all those managerial activities […]