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|Date Published||November 22, 2022|
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What is General Management?
General management is a term used to describe the management of various operations of a business. General management often encompasses coordinating with various departments to ensure things are running smoothly and efficiently. The ultimate objective of general management is to make an enterprise profitable by catering to consumer needs. To do this, companies require individuals who possess general management skills. Some of these general management skills are mentioned below:
A large part of a general manager's role is to ensure adequate resource planning. This includes finances, staff, time, technology and physical space. A general manager has the responsibility to determine if certain departments are facing a resource shortage. They are also required to check whether resources are being wasted in other departments and accordingly make changes. Resource planning is an essential step on the way to achieving efficiency.
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