The four functions of management are planning, leading, organizing and controlling. Companies use various control mechanisms -- business plan, needs assessment, budgets, audits, pricing, ...

Business management helps a company function and achieve goals. Here's what you need to know about each of its eight main ...

The Business Dictionary helps define a management contract. According to the Business Dictionary, a management contract is an "agreement between investors or owners of a project, and a management ...

Operations management is a multi-disciplinary field that focuses on managing all aspects of an organization’s operations. The typical company carries out various functions as a part of its operation.

As regulatory requirements continuously evolve, leaders must adapt their finance and operational functions to stay compliant and mitigate potential business impacts. For example, leveraging technology ...

Equipment management is a complex and difficult task that affects almost every aspect of a company’s operations. The skills required vary from the master mechanic to the finance specialist and ...

When I ask leaders and teams to concisely summarize their company’s management approach, the pause I get hangs in the air like a frisbee tossed on a windy day. No one seems to know which direction the ...

Learn how administrative accounting supports decision-making and operational control with roles like payroll management and budgeting. Discover key differences from financial accounting.