Short simple answer:
Looking after the money flowing in and out.
(On a personal or corporate basis)
STOP HERE - if you are happy with the simple answer!
Explanation of revenue:
Revenue
From Wikipedia, the free encyclopedia
Revenue is a U.S. business term for the amount of money that a company receives from its activities in a given period, mostly from sales of products and/or services to customers. In Europe (including the UK) the term is turnover. For individuals, the equivalent term is income. For government, revenues refers to the gross proceeds received from taxes, fees, and the like. For non-profit organizations, revenue from products and services can be expanded to include proceeds from donations, grants, trade in lieu of cash, and other liquid assets.
Internally, companies break revenue down by operating segment, geographic region, and product line.
Explanation of management:
The process of organizing, regulating and/or being in charge of a function (business household, team, a career, etc.).
2006-09-04 11:49:18
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answer #1
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answered by Anonymous
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Revenue is what a company makes for services rendered. As an example, Company ABC is expected to have $4million in revenue this year. Management, I would assume that is a person in a company that manages the money that it brings in and then disperses it to the different departments for their expenses. I could be sooooo wrong on that but that is what I am getting from your question. Try going to www.yahoo.com or www.google.com and doing a net search on the job.
2006-08-30 14:16:32
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answer #2
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answered by brittme 5
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I don't know but it sounds like it could be something to do with budgeting, because revenue means money that is coming in and management means to manage or look after. Therefore looking after your hard earned money or budgetting.
2006-08-30 14:18:32
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answer #3
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answered by Anonymous
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Revenue means money coming into a company. Money earned.
Management means the ability to manage, cope, deal with something.
So revenue management means the ability to deal with money.
2006-08-31 20:44:34
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answer #4
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answered by markspanishfly 2
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Management of resources and revenue.
Revenue is like a type of income
2006-08-30 14:12:36
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answer #5
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answered by A 4
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Basically it means that someone is put in charge of yoUr money. Revenue being the money that the person makes and management like being in charge of something. so like i said before someone takes can or your money for you like paying ur bills
2006-09-03 23:23:02
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answer #6
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answered by Spidy 4
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revenue management is basically an accountant. revenue, or profits, are what is gained from business transaction. management simply refers to someone who tracks, monitors and squirrels away the profits into the appropriate account or whatever.
2006-08-30 14:13:21
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answer #7
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answered by Anonymous
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I confess I don't know much of it either, but as 'revenue' means 'income', and 'management' means 'keeping it under cotrol'.. My guess is that this fancy term is a bookkeeper's inspired way of saying you spend a bit much.
2006-08-30 14:15:01
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answer #8
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answered by McAtterie 6
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Revenue is money coming In
Management is what you do with it.
Basically it means how you decide to spend the cash in your pocket.
On a bigger scale, how the BBC uses its funding from license fees.
2006-09-03 11:01:47
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answer #9
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answered by Amanda K 7
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In a general sense, taking care of money, or operating a budget.
2006-08-30 14:12:08
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answer #10
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answered by Anonymous
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