Asset Management has several meanings for different purposes but it is generally used in economics and technical purposes.
Asset Management has several meanings for different purposes but it is generally used in economics and technical purposes. In economics it commonly refers to investment management, fixed asset management, infrastructure or enterprise management etc. As far as technology is concerned, the term often refers to IT service management, digital asset management and many others. However, the principal aim of the managing asset is for the effective use of all kinds of assets whether business, enterprise, institution or individual that in turn increases overall productivity.
- Asset Management
Anything of value owned by business, enterprise, institution or
individual are known as assets belong to that. Assets generally include
stock, cash, real estate and any other current valuable things. Asset
management is the term used in order to maintain, deploy and utilize these
in a more effective way for raising productivity. In any industry and
enterprise as a large amount has been invested in infrastructure,
maintenance becomes essential.