The managerial function includes all managerial activities from setting objectives taking essential steps to ensure and achieve organizational objectives These functions are essential to create a better working environment to achieve predetermined objectives. PROCESS AND FUNCTIONS OF MANAGEMENT Following are …
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The practice of management is based on specific disciplines which are known as Principles of Management. And these management principles are the facts and truths gained through observation and experiment. Simultaneously, various scholars have introduced many principles at different times …
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Characteristics of Management: Management is the process of getting things done with and through people with the involvement of physical, financial, human resources through proper planning, organizing, directing, coordinating and controlling. For the organization to run smoothly the managers working …
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Many businesses fail in the first few years of operation. In almost all these cases managerial incompetence and inexperience are the causes of the failure. The cost of poor management is great for individuals and the nation’s economic stability. Not …
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Communication is a Latin word which means, “sharing of information or intelligence.” What is Communication? The communication is really a broad term and is complex in nature. Communication is the process of transferring information on common interest from one person …
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Total Quality Management (TQM) was developed by William Deming, a management consultant whose work had a great impact on Japanese manufacturing. TQM focuses on ensuring that internal instructions and process standards reduce errors. What is Total Quality Management? Total Quality …
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How often have you hung up a call with your accountant feeling more demented than you were before it started? If your response is a variation of, “pretty much every time” we got your back! Every subject has got its …
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Ethics is the study/guidelines of what we understand to be good and right behavior and how people make those judgments. Ethics is the set of morally correct principles and rules guiding individual behavior. It is the basis of determining right …
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