“Business Management is a broad field that trains people for managerial roles in technology, retail, education, government and other sectors. For More Informa…”
Eligibility: Management processes act as a catalyst in the organization that improves the total productivity and maximizes the profitability. It works on five basic principles that include planning, organizing, staffing, leading and controlling. There are various levels in the management section of a business, which include senior level, middle level and supervisory levels. The senior level or the top-level management establishes the goals or objectives of an organization.
Job Prospects: Job prospects are found to be good for the candidates with great communication skills and highly effective organizational skills. Graduates with bachelor’s degree in business management or a MBA degree can find better job opportunities in diverse fields. Professionals can advance in their job roles and responsibilities with their increasing experience.
Expected Job Growth: According to the U.S. Bureau of Labor Statistics, the employment opportunities of general managers are expected to increase by 5 percent, administrative service managers by 15 percent, advertising promotions and marketing managers by 14 percent, financial managers by 9 percent, human resource manager by 13 percent, industrial production managers by 9 percent, medical and health services manager by 22 percent and sales manager by 12 percent from 2010 to 2020.
Long term and short term goals of a business firm is established and attained through well-planned strategies implemented by the management level.
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