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The Oxford English Dictionary defines a business manager as "a person who manages the business affairs of an individual, institution, organization, or company".[1] Compare manager.
Business managers drive the work of others (if any) in order to operate efficiently and (in the case of for-profit companies) to make a profit.[2] They should have working knowledge of the following areas, and may be a specialist in one or more: finance, marketing and public relations. Other technical areas in which a business manager may have expertise include law, science, and computer programming. In some circumstances, business managers even have oversight over human resources.[3]
- ^ "business manager". Oxford English Dictionary (Online ed.). Oxford University Press. (Subscription or participating institution membership required.)
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Sivagnanam, K. Jothi; Srinivasan, R. (2010). "Business Economics: Definition, Nature, Scope and Concepts". Business Economics. New Delhi: Tata McGraw-Hill Education. p. 18. ISBN 9780070682153. Retrieved 16 October 2019.
The economic theories and methods help business manager [sic] to make efficient choices that give optimum results in business problems using techniques such as profit maximisation, demand forecasting, optimum price determination, cost minimisation, revenue forecasting and revenue maximisation.
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Hilliard, Robert L.; Keith, Michael C. (1999). "See LPTV Run: Its Organization and Structure". The Hidden Screen: Low-power Television in America. Therapy - Or Terror and Political Coercion. Armonk, New York: M.E. Sharpe. p. 50. ISBN 9780765604194. Retrieved 16 October 2019.
Any work or personnel in the categories of accountants, bookkeepers, human resources personnel, or billing clerks usually report to the business manager.