Organization Theory
by The Organizational Theory refers to the set of interrelated concepts, definitions that explain the behavior of individuals …
Organizing Principles, Nature, Significance, Limitations
Organizing is the function of management which follows planning. It is a function in which …
Management Decision Making
Decision making can be defined as selecting between alternative courses of action. Management decision making …
Management Forecasting
Business enterprise needs to know the demand for its product. An existing unit must know …
Policy & Strategy
In business parlance, the terms strategy refers to is a unique plan designed with the …
Nature and Components of Management Planning
Nature of planning: 1. Planning is primary function of management: The functions of management are broadly …
Planning, Fundamentals of planning, Objectives
Planning means looking ahead and chalking out future courses of action to be followed. It is …
Managers need for understanding Internal and external environment
It is important for managers to understand this aspect of the business environment because it …
Coordination, Nature, Importance, Types, Principles, Limitations
The purpose of organising, division of work, departmentation, span of management, centralisation and decentralisation, delegation …
Management Process
Management process is a process of setting goals, planning and/or controlling the organizing and leading …