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MEN
MATERIAL
MONEY
MARKET
MACHINE
METHOD
MEN
IN MANAGEMENT TERMS
MEN IS REFERRED AS
HUMAN RESOURCE.
MATERIAL
MATERIAL IS A BASIC INGREDIENT IN MANAGEMENT
BE IT A SERVICE OR MANUFACTURE INDUSTRY.
MACHINE
Machine are the tools to produce goods or to generate
services. Selection of appropriate machine not only
enhances efficiency but also increases revenue.
MONEY
Management of money is done to meet day to day
requirements of business and the fund involved in
meeting the requirements is said to be working
capital.
MARKET
Choosing the market is a critical decision to make.
METHOD
Every thing has a right way to do and the right way is
called as method in management.
Eg:GAAP
THE END