How Jack Ma inspired me!!!
Jack Ma- every 5 years we have a review for our strategy now our strategy is always to look at the 30 years and 10 years every strategic decisions we […]
RECRUITMENT
The term Recruitment denoted that process by which the management locates the source of supply of manpower and then traps that source and it encourages outside manpower to apply for the jobs in the organization and search for the proper person for the right type of job at the right […]
How Starbucks captured the coffee & the world…!!!
With nearly 30,000 cafes across the world , Starbucks has become over just a household name. From its iconic cups, often adorned with misspelled names, to the espresso inside them, […]
DECENTRALIZATION AND CENTRALISATION
DECENTRALIZATION Decentralization is a systematic effort to delegate to the lowest levels of the authority except that which can be expected that can be exercised at central points. It is the pushing down of authority and power of the decision-making to the lower levels of the organization and the essence […]
DELEGATION OF AUTHORITY
Just as no person alone in an enterprise can do all the tasks necessary for the accomplishment of goals, so also it is impossible, for one person to exercise all the authority for making decisions. There is a limit to the number of person managers can effectively supervise and for […]
INFORMAL ORGANIZATION
Informal organization refers to relationships between individuals in the organization based on interest, personal attitudes, emotions, prejudices, likes, dislikes, physical location, the similarity of work et. The informal organization comes into existence because of the limitations of the formal structure and it represents a natural grouping of people in working […]
FORMAL ORGANIZATION
A formal organization is a planned structure which represents the officially established pattern of relationships among individuals, groups, sections, units, departments and divisions to accomplish the goals of the enterprise. A formal organization provides a broad framework and delineates certain prescribed functions and the relationships between them, a formal organization […]
ORGANISING
The organisation provides a framework where duties are identified, define tasks are allotted to suitable persons, and interrelationships of personal are made certain and the joint efforts made by different persons become more productive, effective and economical if a well-knit organization is provided by the management and the purpose […]
How to attract people in first 90 seconds- Must read!!!
These are the secrets from an amazing book called “How to Make people like you in 90 seconds or less” by Nicholas Booth Man. Likable people are always open, welcoming […]
PLANNING IN MANAGEMENT
Planning is deciding the objectives and methods to achieve them. Planning involves deciding in advance what is to be done, how is to be done, where is to do, how is to done and by whom is to be done and it makes things happen which may not occur otherwise […]
SCIENTIFIC MANAGEMENT
The origin of scientific management dates back to the year 1832 when Charles Babbage discussed the principles of scientific management in his book “The economy of manufactures”. In real sense, scientific management owes its origin to Frederick Winslow Taylor, who is commonly regarded as the father of scientific management. MEANING […]
CAPITAL STRUCTURE
Capital structure signifies the composition of the amount of long-term financing and according to Gerstenberg, “Capital structure means the types of securities to be issued and the proportionate amounts that makeup capitalization”. Long term finds can be obtained from owners and borrowers. The owner’s fund consists of equity shares, preference […]
How to open a Franchise without money- US…
let’s talk about to open a franchise with no money so the first thing you can do, if you want to open a franchise with no money down is go to your friends and family look. I understand that that’s something that you may not want to do sometimes that’s […]
TIPS ON HOW TO CREATE A STARTUP IN COLLEGE AND HOW TO FIND A SUITABLE CO-PARTNER
Before starting, there are tons of books which may offer you an honest flavour and understanding of Startups:Zero to one , The Lean Startup, Steve Jobs, Elon Musk, etc. You will not become an Entrepreneur by reading books, but you’ll definitely have a far better understanding and a few motivation […]
BUSINESS FINANCES
Finance is a must for the smooth conduct of business operations. A business firm can raise funds from two main sources: Owned funds or owned capital and Borrowed funds or loaned capital. Insole proprietorship and partnership the funds contributed as capital are called owned funds. In a joint-stock company fundraised […]
Business Environment
Business is a very economic activity of buying, selling, manufacturing, and rendering auxiliary services to trade and generating income through this activity. Modern Business is the economic and social organ of the society and also of the country and in today’s world modern business is not independent and it cannot […]
