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Business Management


Feature Writer: Gopinathan Thachappilly
Photograph of Gopinathan, Gopinathan T.

The goal of business management is to create wealth for business owners by providing some value that consumers need. The process of business management involves

* Researching the market for profitable business opportunities,

* Developing strategies for marketing management, operations management, financial management and human resources management, and

* Implementing the strategies through planning, organizing, motivating and control.

Long-term survival requires that businesses be managed in a responsible and ethical manner by addressing environmental issues and employee career goals. There is also the issue of complying with the law of the land.

Business management topic at Suite101.com aims to cover all the issues involved in business management.

feature articles
Gopinathan Thachappilly

Responsible, Ethical and Sustainable Businesses

In: Business Management (general)

Responsible business practices include dealing fairly with employees and the community, using non-renewable natural resources carefully and avoiding environmental damage. more...

Business Intelligence is Not Just Information

In: Business Management (general)

Business analytics, reporting, dashboard, performance management, data mining, process mining, OLAP, spreadsheets and other software tools all fall under the term BI. more...

Business Manager Job Description: An Overview

In: Business Management (general)

The role of business managers can vary depending not only on the size of the business but also on the scope of their functions, e.g. general manager or office manager. more...

Receivables Factoring Can Bring Much Needed Cash

In: Business Management (general)

Factoring finance involves selling receivables that will otherwise take months to become cash. Factoring companies will, however, give the seller only a smaller amount. more...

Manufacturing Methodology: Influencing Factors

In: Business Management (general)

Manufacturing industry can use job, batch or continuous processes depending on the industry and scale of operations, and the practices are constantly being improved. more...

Product Life Cycle Management - Two Concepts

In: Business Management (general)

PLC refers to managing a product's marketing life while PLM refers to managing product design, development, production and field service more effectively. more...

ERP in Manufacturing Can Increase Throughput

In: Business Management (general)

ERP software typically comes with features that enable it to work with different manufacturing methodologies like discrete, flow and process manufacturing. more...

ERP Financials Offer Industry Specific Modules

In: Business Management (general)

ERP finance solutions have best-practice modules to attend to accounting, reporting, treasury, regulatory compliance, business intelligence and performance management. more...

All feature articles in Business Management

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