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.