9Ms Model Flashcards

(12 cards)

1
Q

what is the 9m’s model used for?

A

used as a checklist when performing a resource audit

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2
Q

9m’s?

A
  • men
  • machines
  • money
  • material
  • MIS
  • methods
  • management
  • make up
  • markets
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3
Q

men?

A

human resources, staff

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4
Q

machines?

A

premises, location and machinery

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5
Q

money?

A

financial resources, capital, investors

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6
Q

materials?

A

relations with suppliers

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7
Q

markets?

A

existing customers, distribution systems

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8
Q

management?

A

leadership quality

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9
Q

methods?

A

activities and processes adopted by the business

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10
Q

make up?

A

attitudes, culture, structure

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11
Q

MIS?

A

management information systems

quality of systems to assist in marketing, production R&D

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12
Q

human capital?

A

considers the collective attributes of an organisation’s human resources

includes capability, creativity, skills & knowledge

e.g., education, infrastructure, competition

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