Understanding the 4 M's and 7 M's in Management: Can Someone Explain?

Dear all,

Kindly explain the concepts of the 4 M's and 7 M's in a management context.

Regards,
Nandu

Dear Mr. Reddy,

In management context, originally there were 4 Ms: Man, Machines, Money, Materials (Resources). Later, two more Ms were added, i.e., Methods and Markets. Maybe they've added one more recently!

In Advertising Management, similarly we have 6 Ms: Mission, Media, Message, etc.

Such concepts as 7Ms, 7S, 4Ps, 7Ps, 10C, 12C are all formulated and expanded based on managerial convenience. We can continue expanding such vocabulary.

Arun Davay
MBA Faculty & Corporate Trainer
Arun Davay .S - LinkedIn

Dear Nandakishor,

I wonder why you did not search the web first before posting!! Had you done so, you would have found your answer and more at [7 M's of Management - Google Search](http://www.google.co.uk/search?hl=en&source=hp&q=7+m%27s+o f+management&meta=&rlz=1R2SKPB_enG B332&aq=0&oq=7+m%27s).

Have a nice day.

Simhan
A retired academic in the UK