Business Manger


MSK2023/01/05 08:44
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        (image taken from fekr.sa)



Business management is coordination and  organisation consisting of the activities of a business. 



In business management you are given the tasks of an administrator for the business of a company.The company you are in wants you to assist in its marketing 

program.A company wants your assistance in budget analysis. Typically the basic resources at manager disposal are land,labour,machinery,livestock,cash and management.



Companies hire business managers for solving their interpersonal problems and for the guidance of teams.

Basically companies rely on the managers who are skilled in face to face communication,accounting and marketing for the success of their business.



Business Manager



What is a Business manager? 



Every company wants their business to run successfully and the business managers are one who made that possible.

Companies with good management  provide the resources to their employers for the execution of their daily work.



A business manager is the one who leads the daily operations and attains the financial and operational goals.



It's a fact that 80-90% of startups failed because of insufficiency in the skills of business management.

 https://techjury.net/blog/startup-statistics/



Income of a Business manager



The income of a business manager is based on the degree he holds.A bachelor’s degree in business administration can earn upto 2000$ or 5000$ or more per year.

https://www.allbusinessschools.com/business-administration/degrees/

And an MBA degree can earn 8000$-9000$ or 11000$ per year.

https://www.allbusinessschools.com/mba/



Educational Requirements for Business Management



For business management a person must have a basic college degree and a four year  bachelor degree of administration in accounting and finance or marketing.Companies are now hiring people who must have master degree in business management and accounting.Some people obtain MBA in accounting in their career to get the job.



Skills required for Business Management



A company which is hiring people requires stronger analytical abilities in their employers.Business manager has to work well with others and he should be able to work with varieties of different personalities.The good accounting skills are also required when a company wants his employer to perform a budget analysis for its monthly business operations.



Overall It is essential for a business manager to be great at interpersonal and communication,organisation and coordination,decision making and strategic thinking.

 

Responsibilities of a Business Manager



A business manager supervises and trains new employees and helps them reach their productivity goals for the growth of the company.

A business manager supervises and checks the work of employees and provides them feedback for the development of efficiency in their work.Asset the company in events, operations and conferences etc.

Maintenance the relationship with employees.Ensure the company resources for the requirements of people,equipment etc.



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