LIVE MANAGEMENT EDUCATION

 Production Management is one of important department of organization.It plays an important role for the growth survival and profit maximization of organization.There are many functions of production Management.Some important functions are as below- 1.It finds out one of the best location where production activities are performed. 2.It makes policy,programme,rules,regulation,law to perform the activities of production by effective,efficient and economical way. 3.It plans,organizes,staffs,directs,controls human resource force who participated in production and concern activities. 4.It schedules production according to predefined plan. 5.It always researchs to cost control of product or services. 6.It designs and develops production process of organization. 7.It coordinates among departments to maximize production. 8.It selects raw materials at right price at right time. 9.It maintains plant and technology according to pre defined rules regulation,terms and condition. 10.It decides t...

 The importance of production management is very wide.It plays an important role for the survival,growth and profit maximization of organization.Some important objectives are as below- 1.It helps to achieve objectives of organization. 2.It fulfills need,want,desire of customers. 3.It increases the living standard of common man. 4.It makes production effective,efficient and economical. 5.It helps optimum utilisation of resource and make production maximum. 6.It improves the feature of product like quality,quantity,shape,size,colour,taste etc. 7.It increases the name,fame,goodwill and makes it brand. 8.It supports other department like Marketing,Human resource,Finance to perform concern function by effective,efficient way. 9.It helps to crush competition of market. 10.It helps to reduce cost of product. 11.It generates employment. 12.It helps to develop economy.

 Production Management is one of an important department of organization.It plays an important role for the survival,growth and profit maximization of organization. Production-The process of changing raw material into output with the help of plant and technology at continuous basis this process is called production. Management-The process of managing men according to our function goal according to rules,regulation law this process is called management. Production Management-The process of managing men according to rules regulation to perform the activity action of production by effective efficient way this process is called production management. In other words we can say that production management is the process of arranging,utilising consuming land labour,plant,money to produce quality product at minimum cost. According to Elwood Buffa-Production management deals with decision making related to production processes so that the resulting goods or services is produced according to ...

 There are many functions of business.These are production,demand forecasting,supplying,pricing,advertising, etc.Every function is important and play an important role for the development of common man.Among all production is the first and very important function because business starts from here. Production-The process of changing raw material into finished goods with the help of plant and technology at continue basis this process is called production. In other words we can say that production is process of changing resources into goods or service. According to H.A. Harding-It is concerned with the process which convert the inputs into outputs various inputs such as men,material,money,method etc and the output such as goods or service. Nature-There are many nature of production.These are as below- 1.It is an internal activity. 2.It is continuous activity. 3.It is a formal activity. 4.It is an essential activity. 5.It is future oriented activity. 6.It is technology base activity. 7...