Evolution of Management Thought
by Management is defined as the art of getting things done by making the best use …
Introduction, Nature, Significance, Scope of Management
Every business requires planning for the future to find a way to successful business for …
Committee system in Management
Committee is not a separate organization as such. It is just an extended idea of …
Delegation of Authority
A manager alone cannot perform all the tasks assigned to him. In order to meet …
Departmentation
Departmentation’ or ‘Departmentalisation’ is the process of grouping the activities of an enterprise into several …
Decentralization organization/Management
Decentralization marks an extension of the process of delegation. Under decentralization, the central unit of …
Centralization in Organization/Management
Centralization refers to the process in which activities involving planning and decision-making within an organization …
Types of organization structure
An organizational structure is defined as “a system used to define a hierarchy within an organization. It …
Organization process Importance, Principles
Organizing, like planning, must be a carefully worked out and applied process. This process involves …
Stock Market and Commodity Market
Stock Exchange (also called Stock Market or Share Market) is one important constituent of capital …