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What is business management?

Management science

Management science is one of the most important sciences related to people’s lives, as the administrative system seeks to provide all appropriate ways to conduct operations in accordance with the management’s methodology and vision. This includes operations research, management systems analysis, and information management systems, which paved the way for the establishment of the Institute of Administrative Sciences in 1953 by the American Operations Research Association. The concept of general management, and in this article will answer the question of what is business management.
What is business management?
What is business management?

What is business management?

The question of what is business management can be answered by clarifying the concept of the administrative process in the field of business. Operations of direction, organization, planning and control, and one of the most important requirements that must be met by those who manage the companies’ business is to have extensive knowledge in many sciences related to economics, most notably his knowledge of marketing, accounting, and his ability to control logistical operations so that they serve the objectives of the organization, Thus, the question of what is business management is answered in terms of concept and requirements.

History of Business management

The answer to the question what is business management leads to a search for the history of business management and its emergence in modern economic science, where there were many founders of the concept of management in business, who laid the foundation stone for it, most notably the Englishman Thomas More in the sixteenth century AD, who He showed that the process of managing tasks in organizations greatly affects the increase or decrease in the efficiency of organizations in the performance of their work, and he also stressed that managing business with something bad may lead to some failures in the organizational environment.

There is also great importance for the existence of planning, organizing and effective control over all the resources that are available in organizations within specific administrative policies that eventually lead to the achievement of the pre-planned goals. , where he showed that the basic task of managing organizations is represented in two basic processes: marketing and innovation, and from an organizational point of view, the organization may contain one manager in whose hands most of the powers are, and there can be many business managers in the same organization, who may be distributed among multiple nationalities to be entrusted with They have integrated roles, but the organizations in this case are of a regional nature, and the number of managers of some business organizations may reach hundreds.

Business management Jobs

Within the framework of answering the question What is business management, knowledge of the administrative functions that fall on the shoulders of managers in business organizations, through which the goals of organizations are achieved by implementing the functional tasks of the administrative departments in those organizations, and among the most prominent administrative functions of business management are the following:

Financial Affairs management
Where the responsibility for managing the financial affairs rests with business managers by controlling the funds issued and received by the organization, and determining the bases of expenditures according to the requirements of the different stages that organizations go through.

economic management
Economic management is the managers' attempt to obtain economic opportunities and their search for ways to invest them in a manner that achieves the greatest possible benefit for the organization. Operations Management: In the Operations Management Department, the daily operations that take place in organizations are monitored, and ways that contribute to increasing efficiency, raising productivity and improving performance are studied.

Human Resource Management
The Human Resources Department is one of the most important departments in business organizations, through which qualified employees are assigned to occupy positions, and who have certain qualities, to be able to develop departments, and make a qualitative leap in job performance with their practical experience or scientific knowledge. The Human Resources Department provides the necessary training to employees in order to improve their functional capabilities in the various departments in which they are active.

Marketing Management
Through the management of the marketing process, the products or services provided by the organization are delivered to the largest possible segment of the target groups, and this leads to the growth of organizations and increase their profits.

Advertising and Promotion Department
It is the responsibility of the Promotion and Advertising Department to find the best way to communicate ideas related to the goods or services that are produced to consumers, and to try to convince the target group to prefer the good or service offered by the organization over its counterpart in the market.

Distribution Department
The Department of the Distribution Department is looking to find the best and appropriate ways to deliver goods or services to their beneficiaries, and to provide additional services that make the products of this organization outweigh other organizations.

Leadership and Business Management

When answering the question what is business management, it is necessary to stand on the leadership side, and to clarify its impact on the functional environment in the organization, where the business manager must be able to attract the best qualified cadres to serve the public interest of the organization and achieve its main objectives, and to give these cadres motivation To achieve the best, by raising the employees’ incentive to achieve, and to bring out the best of the organizations’ staff, and this contributes to increasing the organizations’ productivity, and makes them more able to enter strongly in competition for the market shares available from potential customers, and business ma Administrations nagements also seek to reduce production costs to As much as possible, reduce the waste of money in the organization and hold those responsible to account.
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