Primary navigation:

QFINANCE Quick Links
QFINANCE Reference
Add the QFINANCE search widget to your website

Home > QFINANCE Dictionary > Definition of management process

Definition of

management process

General Management

management of human, financial, and material resources the process of planning, implementing, and controlling activities that involve human, financial, and material resources

Recommended Further Reading (Term count)
  • Internal Auditing for Fraud Detection and Prevention
    Fraud protection is a key concern for businesses, and internal audits can play a major role in both detecting and preventing fraud. According to the Institute of Internal Auditors (IIA), for example, “internal auditors support management's efforts to establish a culture that embraces ethics, honesty, and integrity” and “they assist management with the evaluation of internal controls used to detect or mitigate fraud, evaluate the organization’s...
  • W. Edwards Deming
    The quality and productivity pioneer
    W. Edwards Deming was raised on a farm before studying at the University of Wyoming. He went on to do a PhD at Yale while doing an internship at Bell Telephone Laboratories, and then worked at the US Department of Agriculture and the Census Department. He was a census consultant to the Japanese government and taught statistical process control methods to Japanese business leaders, working for many years as a consultant in Japan. He later moved...
  • Optimizing Internal Audit
    by Andrew Chambers
    Internal auditing is defined by The Institute of Internal Auditors (IIA) as follows:“Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.”1It is widely accepted...
  • Foundations of Multinational Financial Management
    Alan C. Shapiro and Atulya Sarin (6th ed 2008, originally 1991)
    A focused and practically oriented textbook that examines real-life financial management decision-making in an international context. Provide a clear strategy for understanding the impact of financial management processes on business operations. Demystifies and simplifies the subject in a clear conceptual framework that helps learning.

Definitions of ’management process’ and meaning of ’management process’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’management process’ and other financial terms with our online QFINANCE Financial Dictionary.

Back to top