FUNDAMENTALS OF MAMAGEMENT

Operational risk management (ORM) is a continual recurring process that includes risk assessment, risk decision making, and the implementation of risk controls, resulting in the acceptance, mitigation, or avoidance of risk.

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FUNDAMENTALS OF MAMAGEMENT • FUNDAMENTALS OF MAMAGEMENT

Strategic management

Strategic management is the ongoing planning, monitoring, analysis and assessment of all necessities an organization needs to meet its goals and objectives. Changes in business environments will require organizations to constantly assess their strategies for success.

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Human resource management

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FUNDAMENTALS OF MAMAGEMENT • FUNDAMENTALS OF MAMAGEMENT

Human resource management (HRM) is the practice of recruiting, hiring, deploying and managing an organization's employees. HRM is often referred to simply as human resources (HR).

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MNC ,IMPORTANCE ,FEATURES,ADVANTAGES,DISADVANTAGES,TYPES,AND EXAMPLES.docx 1. Document information

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FUNDAMENTALS OF MAMAGEMENT • FUNDAMENTALS OF MAMAGEMENT

A multinational corporation (MNC) is a company that has business operations in at least one country other than its home country. By some definitions, it also generates at least 25% of its revenue outside of its home country. Generally, a multinational company has offices, factories, or other facilities in different countries around the world as well as a centralized headquarters which coordinates global management.

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