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Management Can Be Categorized Into Various Types Based On The Scope of Responsibility
Management Can Be Categorized Into Various Types Based On The Scope of Responsibility
nature of the tasks involved, and the level of authority. Here are some common types of
management:
7. Supply Chain Management: Supply chain management involves overseeing the flow of
goods and services from suppliers to customers. It includes activities such as procurement,
logistics, inventory management, and distribution to ensure efficient supply chain operations.
9. Risk Management: Risk management involves identifying, assessing, and mitigating risks
that may impact the organization's objectives. It includes activities such as risk identification,
risk analysis, and implementation of risk mitigation strategies to minimize potential losses.