Provide an example of each of the following types of management. a) asset management b) human resource management c) supplies management
What will be an ideal response?
Correct answers will include the following points.
o asset management
o planning and purchase of equipment or facilities
o upgrade or maintenance and care of equipment/facilities
o assessment of new technologies
o planning new facilities or upgrading current facilities
o purchasing or upgrading equipment
o determining priority expenditure
o determining staffing and training requirements
o human resource management
o working with people and managing human resources in a way that is cost-effective in achieving the organizational goals
o use all of their knowledge and skill to make wise decisions
o influence other decision makers in the organization
o supplies management
o food, drugs, cleaning materials, and one-use products
o analyze financial and inventory control reports to ensure the appropriate use of materials
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