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14. Resource Management

  Task 1 Resource Management study guide questions. Do not copy and paste the answers. Read the information and express the   ideas in your own words or paraphrasing instead of copying. Remember to   write complete sentences not isolated words or phrases.   1.      What is Resource Management? This is the process of planning, scheduling, and pre-allocating resources to maximize their effectiveness. A resource is what is needed to perform a task or project, but it can also be an employee skill set or the implementation of software.   2.   Mention what is the importance of Resource Management in business. It is important because part of project management is trying to do more with less, that is, it is not wasting. Resource management focuses on optimization and efficiency. When you know how much is needed for a project to succeed, you can efficiently plan an appropriate way to use resources.   3.What are the Concept...

12. Human Resources

  Task 1 Human Resources Define Human resources. Human resources are the group of workers, of employees, that owns an organization, a certain sector, as well as an economy. Any natural person who has an association with an organization, sector or economy is considered a human resource. In turn, within the management of companies, the concept refers to the management that the company performs with its workers. From hiring to firing, it's the job of the human resources department.   What is the role of human resources? Define in detail. Speaking of human resources and how the department, its role is to carry out any management that must do directly with a worker or several of the company. For example. Recruitment and selection of personnel, training and professional development, labor relations, etc.   What is Capital? In a broad sense, a set of monetary resources or that can be converted into money of a person. In the context of a company, they are the cont...

10. Administration VS Management

  Student’s Name: Alondra Maricela Ramírez Aguilar. Nua: 311517   What are the key differences between management and administration? Explain each of them in detail. -         Definition by Definition Management is the act of managing people and their work for achieving an organization's goal using its resources. Administration is an organized process of administering the management of an organization.   -         Extent Difference Management is exacting the discharge of policies. Administration is exacting the assurance of primary policies and objectives.   -         Working Area Management is a low and mid-ranked function, it works for the low, medium and top levels organizational needs of an enterprise. But the administration is a high-ranked function, it entirely manages the overall management activities and demands of a company wit...

9. Definitions

Administration Provide a definition of administration. -         Administration is the process that seeks through planning, organizing, executing, and controlling resources to make them more efficient use to achieve the objectives of an institution.   Sources. Quiroa, Myriam (January 29, 2020). Administración. economipedia.com   https://economipedia.com/definiciones/administracion.html   Concepts of Administration -Henry Fayol: refers to the concept as knowing how to organize, foresee, command, coordinate, and control different tasks in the appropriate way.   -Clushkov: for him this discipline focuses on organizing and transforming existing information in an orderly manner with the aim of improving process management.   -Guzmán Valdivia I: refers to the effective direction of the activities and collaboration of individuals to obtain a certain result.   Source . ILET. (s.f).   “El c...