Business Management is the discipline of coordinating all phases of farm operation through planning. Business management is concerned with income, and so is concerned with profitability. Consideration of alternative uses of the basic resources means various productive processes must be budgeted and compared.
Human Resource Management
Human resource management (HRM) is the practice of recruiting, hiring, deploying and managing an organization's employees. HRM is employee management with an emphasis on those employees as assets of the business. In this context, employees are sometimes referred to as human capital.
Innovation management involves the process of managing an organization's innovation procedure, starting at the initial stage of ideation, to its final stage of successful implementation. It encompasses the decisions, activities and practices of devising and implementing an innovation strategy.
Business Research for Decision Making
Business Research is a process of acquiring detailed information of all the areas of business and using such information in maximizing the sales and profit of the business. Business research is a part of the business intelligence process. It is usually conducted to determine whether a company can succeed in a new region, to understand their competitors, or to simply select a marketing approach for a product.
Business Intelligence (BI) is the process of transforming data into actionable insights that help an organisation make strategic and tactical choices. To offer users with detailed insight about the state of the business, BI tools access and analyse data sets and show analytical findings in reports, summaries, dashboards, graphs, charts, and maps. The phrase "business intelligence" is also used to describe a set of technologies that enable quick, easy-to-understand access to data-driven insights about an organization's current status.
Customer Relationships Marketing (CRM)
Customer Relationship Management (CRM) is the combination of practices, strategies and technologies that companies use to manage and analyze customer interactions and data throughout the customer lifecycle. The goal is to improve customer service relationships and assist in customer retention and drive sales growth.