In this presentation, I try to describe the "6M" of Management. I think It will helpfull to all. If there is any mistake please notify me.
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Added: Sep 27, 2018
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Adamjee Cantonment College Talent Hunt 2018 Segment : Multimedia Presentation
6M Man Money Material Method Machine Market Subject “6M” of Management
6M Man Money Material Method Machine Market 6M refers to the components that need to be managed for any function or operation - manpower, money, machinery, material, market and method .
6M Man Money Material Method Machine Market Man in management is referred to as a human resource. It is the recruitment, selection, training, promotion and grievances handling of personnel. Payment of compensation gratuity, termination of services are the few issues that have to be dealt effectively to retain the talent within an organization.
6M Man Money Material Method Machine Market Management is done to meet day to day business requirements and the funds involved in meeting those requirements are known as working capital .
6M Man Money Material Method Machine Market Material is a basic ingredient in management be it a service industry or a product industry. Most of the industries locate them self nearby to the availability of material. Material is a basic ingredient in management be it a service industry or a product industry. Most of the industries locate them self nearby to the availability of material
6M Man Money Material Method Machine Market Every thing has a right way to do and this right way is known as a Method in management. In short it means, an art of doing. A set of procedures and instructions is known as a method. The visible methods of a company include: Plans, Policies, Procedures, and Data. . The less visible ones include a company's norms and its culture, and the norms and culture of the society around it and the methods of its customers, suppliers, associates, and competitors.
6M Man Money Material Method Machine Market Machine are the basic tools to produce goods or to generate services. Selection of an appropriate machine not only enhances efficiency but also saves times and increases revenue Maintenance and overhauling issues along with its life span also cannot be overlooked. In service Industry, Technology matters a lot these days we are having Computers as a major machine to serve the service clients
6M Man Money Material Method Machine Market “Marketing Management is the process allocating the resources of the organization toward marketing activities.” Thus, a marketing manager is someone who is responsible for directing expenditures of marketing funds. Related to the term ‘management’ is the term ‘strategy.’ The Marketing Management Cycl
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Designed By Saymon Hossain Shuvo B.B.A (HONOURS) Department of Accounting