Management Cheat Sheet

A N A G E M E N T C H E A T S H E E T : T H E M O S T I M P O R T A N T
M
E F I N I T I O N S F O R E A C H O F T H E B R A N C H E S
D
O S T M A N A G E M E N T
C
is a method of reducing production or
It
is concerned with chalking out a definite
It
after forecasting and careful
program
of market situations and execution
analysis
plans in achieving the organization
of
objectives.
management is the tracking,
Marketing
and review of the company
application
activities and resources.
marketing
management is the developing
Marketing
process as well as planning for
strategies
product, promotions, advertising
services,
sales in reaching desired customer
and
employs tools from competitive strategy
It
economics in analyzing the industry
and
in which a company operates. It
context
analysis of strategic groups of
includes
Porter’s 5 forces, value chain
competitors,
and much more.
analysis
management often conducts
Marketing
research and market research in
marketing
marketing analysis.
performing
management according to
Marketing
is the process of executing and planning
It
pricing, conception and distribution and
the
of services, ideas and goods in
promotion
exchanges with certain groups in
creating
organizational and customer
satisfying
objectives.
is the process of planning as well as
It
the pricing, conception,
executing
and promotion of goods, services
distribution
ideas in satisfying organizational and
and
objectives.
individual
management according to
Marketing
management is a branch area of
Marketing
It is concerned with
management.
activities for the attainment of
purposeful
goals.
marketing
It covers full life cycle of projects from
operating expenses to give less
initial planning up to actual cost
expensive services or products to
performance to project completion.
consumers.
It is the process of controlling and
Cost management is a process
planning the costs included in a
management that uses in analyzing its
business. It considered as one of the
production as well as its streamline to
challenging tasks in business
keep costs low and manage expenses in
management.
the future.
Cost management is being employed by
Philip Kotler:
Cost management is the managerial
numerous businesses as essential part of
accounting focus helping a firm forecast
business management.
future expenditures in reaching their
Cost management is considered a form
budget goals.
of accounting management that helps in
Cost management is divided in 3 main
identifying future expenditures in certain
phases: implementation, planning and
business in reducing budget overages.
final analysis.
M A R K E T I N G M A N A G E M E N T
Marketing management according to
Cost management basic concept is to
American Marketing Association:
gather details about current operations,
analyzing it and evaluating results.
It is concerned with planning process as
well as budget controlling of a business
or project. It includes activities like
estimating, planning, financing,
budgeting, managing, funding and
Cundiff and Still:
controlling costs in order for a project
to be completed within approved
budget.
segment.

A N A G E M E N T C H E A T S H E E T : T H E M O S T I M P O R T A N T
M
E F I N I T I O N S F O R E A C H O F T H E B R A N C H E S
D
involves identifying how organization
It
up compared to their competitors as
stacks
as recognizing threats and
well
facing an organization,
opportunities
come from competitors or within
whether
organization.
the
is the implementation and formulation of
It
goals as well as initiatives taken by
major
top management on behalf of
organization
that is based on resources
owners
and assessment of external
consideration
internal environments.
and
managements gives overall
Strategic
to enterprise and involves
direction
objectives, developing plans
organization’s
policies that is designed to achieve
and
and allocating resources in
objectives
the plans.
implementing
involves process of analyzing cross-
It
business decisions. It typically
functional
analyzing external and internal
involves
and strengths; formulating
weaknesses
plans; evaluating to what degree
action
plans been successful as well as
action
changed when the desired results
making
not produced, and are executing action
are
S T R A T E G I C M A N A G E M E N T
Strategic management is about
Strategic management is a continuous
description and identification of
process about controlling and
strategies that managers should do to
evaluating industries and business in
achieve a great performance as well as
which an organization is being involved.
competitive advantage.
It evaluates the competitors and their
It can also be defined as bundle of acts
sets strategies and goals in meeting all
and decisions, which a person
potential and existing competitors. It
undertakes and which decides the firm’s
also reevaluates strategies on regular
performance result.
basis in determining how it will be
Strategic management is a planning for
implemented and whether it is
predictable and unfeasible
successful or need replacement.
contingencies. It is being applicable to
Strategic management provides broader
small and large organizations as well as
perspective to organization employees
smallest organizations facing
so that they can better understand how
competition.
their job fits to organizational plan and
It is a way where strategists set their
how it is being co-related to other
objectives as well as proceed on how to
organizational members.
attain them. It deals with
Strategic management is a management
implementation and making decisions
of the resources of organization to
about organization future direction. It
achieve certain objectives and goals. It
helps in identifying where an
involves analyzing competitive
organization should move.
environment, setting objectives,
Strategic management is a continuous
analyzing internal organization,
planning, assessment and analysis of all
ensuring management will perform their
needed for an organization in meeting
strategies across the organization and
plans.
their objectives and goals.
evaluating strategies.

A N A G E M E N T C H E A T S H E E T : T H E M O S T I M P O R T A N T
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E F I N I T I O N S F O R E A C H O F T H E B R A N C H E S
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F I N A N C I A L M A R K E T
Financial market is a market in which
References
individuals trade financial commodities,
http://www.costmanagement.eu/blog-article/198-cost-management-explained-in-
securities and value at a reasonable
4-steps
transaction costs and at prices
https://www.techopedia.com/definition/13878/cost-management
reflecting demand and supply.
https://www.slideshare.net/gadekar1986/introduction-to-marketing-management-
Financial market is where traders sell
12816131
and buy assets. It includes bonds,
http://www.yourarticlelibrary.com/marketing/marketing-management-meaning-
stocks, foreign exchange, derivatives
and-importance-of-marketing-management-explained/25885
and commodities. It is where companies
http://www.businessdictionary.com/definition/marketing-management.html
reduce risks and for investors to make
https://en.wikipedia.org/wiki/Marketing_management
money.
https://www.managementstudyguide.com/strategic-management.htm
Financial market makes an open and
https://www.investopedia.com/terms/s/strategic-management.asp
regulated system for many companies to
https://en.wikipedia.org/wiki/Strategic_management
get large capital. It is being done
http://searchcio.techtarget.com/definition/strategic-management
through bond markets and stock.
https://en.wikipedia.org/wiki/Financial_market
Financial market is a place where sellers
https://www.thebalance.com/an-introduction-to-the-financial-markets-3306233
and buyers meet in exchanging services
http://www.investinganswers.com/financial-dictionary/stock-market/financial-
and goods at prices determined by
market-5045
forces of supply and demand.
It can also be a physical location or
virtual one over network.
Financial market facilitates transactions
between sellers and buyers and
between consumers and producers.