Business Management: Modeling and Decision-Making [Hardcover]

Business management is the efficient and effective operation of a business by managing the three primary components of a business, which are financial resources, capital and human resources. These resources are administered in the primary functional areas of legal contracting, marketing, accounting, financing and manufacturing. It encompasses the management of business operations and decision-making, efficient organization of people and other resources, and direction of processes towards common goals. The objective of this book is to give a general view of the diverse areas of business management and their applications. Different approaches, evaluations, methodologies and advanced studies on business management modeling and decision-making have been included herein. This book is a vital tool for all researching or studying business management as it gives incredible insights into emerging trends and concepts.Business management is the efficient and effective operation of a business by managing the three primary components of a business, which are financial resources, capital and human resources. These resources are administered in the primary functional areas of legal contracting, marketing, accounting, financing and manufacturing. It encompasses the management of business operations and decision-making, efficient organization of people and other resources, and direction of processes towards common goals. The objective of this book is to give a general view of the diverse areas of business management and their applications. Different approaches, evaluations, methodologies and advanced studies on business management modeling and decision-making have been included herein. This book is a vital tool for all researching or studying business management as it gives incredible insights into emerging trends and concepts.Business management is the efficient and effective operation of a business by managing the three primary components of a business, which are financial resourclóú