Management

COORDINATION IN AN ORGANIZATION

Coordination is the process of synchronizing the activities and works of different departments of an organization to show and ensure the unity and group or team work. Coordination allows the company to progress because obviously a team can work better than an individual. It helps in maintaining harmony and balance […]

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SELECTION

Selection is the process of choosing the most suitable candidates from applicants for the various jobs and it follows the recruitment and much information has to be obtained, from the prospective candidates to facilitate the selection process and it is then analyzed and evaluated and the information relates to the […]

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MANAGEMENT

Management is not only a term but a whole process of getting things done more effectively. In managing things, we aim to achieve our goals more effectively and efficiently. Management is very essential for all the organizations, whether small or big, profit or non-profit. Every type of organization requires management […]

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STAFFING

Staffing may be defined as the managerial function of employing and developing human resources for carrying out the various managerial and non-managerial activities in an organization. The function is concerned with attracting, acquiring and activating the human resources for achieving organizational goals and staffing also involves upgrading the quality and […]

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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 […]

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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 […]

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STRUCTURE OF ORGANISING

The structure is the pattern in which various parts or components are integrated or interconnected and this prescribes the relationships among various activities and positions, as these positions are held by various persons, a structure is called the relationships among people in the organization and thus organization structure refers to […]

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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 […]

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Global Financial Management Application Software

Global financial management application software (GFMAS) facilitates the process of monitoring and streamlines all assets for increasing profits and gaining sustainability. Many tools are available for improving the financial management in a company with scores of features uploaded in it. However, it is important to consider the exact need of the […]

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FUNCTION OF MANAGEMENT

According to George R. Terry, “Functions are the main entities around which a manager builds an effective organization structure”. The study of functions of management is an important topic in the field of management, the basic characteristics of efficient management are common whether the unit to be managed is as […]

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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 […]

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HENRI FAYOL: THE FATHER OF MANAGEMENT

Henri Fayol is the universalist and he father of general management and Fayol developed the Theory of Management and he has given his opinion that managerial excellence is technical ability and can be acquired and he developed theories and principles of management which are universally accepted and made him a […]

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LEVELS OF MANAGEMENT

The level of management is an important classification needed for an organization to work smoothly and operationally to complete the needed work and all the employees working in an organization/institution can be divided into two categories:                              1. Managerial Members                              2. Non-Managerial Members 1. Managerial Members  In this category, […]

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MBA-Personal Interview(PI)

Topics for preparation Master of Business Administration or MBA is one of the most popular post-graduate programmes in India.The two-year programme is a gateway to job opportunities in the corporate world.Admissions to all MBA college typically take place through an admission test(CAT).The qualifying exam is usually followed by a second […]

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MANAGEMENT

Management has become an important Economic organ of the present industrial society. Every person in the world from the family head to the prime minister of the country or from the worker to the Managing director of a Joint-stock company is busy in managing different types of affairs that he […]

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