This element refers to human resources who are committed to implementing marketing tactics, both existing and new techniques. Without a workforce, work cannot go according to plan.

You could say, materials are the supply chain needed to support management and marketing strategies in the present and the future. If the materials are not available, the process of achieving the expected goals will be hampered.

Although it is often referred to as a supporting element, machines have a very vital function. The reason is, without a machine, the process of achieving goals will be disrupted. Machines are used to facilitate management in processing raw materials and creating quality products.

Time is the most valuable asset so it requires an overview of the management planning process and time is as effective as possible, such as how long it will take a new product to be on the market and how responsive the company is to the competition.

It is undeniable that money is the most important element in management. Without money, production activities cannot run as they should. Smooth finances will make it easier for management to design better plans to reach targets as quickly and efficiently as possible.