Introduction Human relations movement refers to the researchers of organizational development who study the behavior, in particular workplace groups, and other related concepts in fields such as industrial and organizational psychology. This movement has developed human relation and behavior theory, which gives emphasis to human behavior and psychological aspect ofRead More →
Concept of management thought Management is that field of human behavior in which managers plan, organize, staff, direct, and control human and other resources in an organized group effort in order to achieve desired individual and group objectives with optimum efficiency and effectiveness. Awareness and understanding of important historical developmentsRead More →
Introduction to Planning The process of deciding on a course of action in advance to attain a desired goal is known as planning. It entails the creation of a strategy. It establishes the benchmarks to be met. It has to do with the formulation and achievement of a corporate organization’sRead More →
Concept of business environment. The phrase “business environment” refers to all aspects of a company’s surroundings that affect and influence its operations and determine its effectiveness. The totality of all conditions, events, and forces that surround and affect the business environment is referred to as the business environment. Institutions orRead More →
Managerial skills The ability to make business decisions and lead subordinates within a company is defined as a skill. Managerial success is primarily determined by performance rather than by personality traits. The following are some of the most important skills for managers: Technical Skills It is the ability to useRead More →
Managerial hierarchy The arrangement of managerial positions in an organization is referred to as managerial hierarchy. It was practiced to divide authority and responsibility into different levels. It is essential to carry out organizational tasks in a systematic manner. The most common managerial hierarchies used in various organizations are asRead More →
Management and leadership have five functions: planning, organizing, staffing, coordinating, and controlling. The management process is separated from other company operations such as marketing, accounting, and finance by these functions. Some of the process and function of management are described below: Planning and decision making This is the stage inRead More →
Social Organization An organization should be responsible towards stakeholders such as shareholders, employees, consumers, society, and nation. Previously, social responsibility had become the subject of discussion or an optional one; there was time to argue against social responsibility. Business ethics Management should be very careful about business ethics or morality.Read More →
Definition (Meaning and Concept of Management) Management is the act of getting people together to accomplish desired goals using available resources efficiently and effectively. It comprises planning, organizing, directing, and controlling. It is a set of activities directed at an organization’s resource with the aim of achieving organizational goals inRead More →
Goal Succession Goal succession is the act of conscious and intentional modification of an existing goal. Goal succession is conscious attempt by management to adopt new goals. When an organization is faced with the problems such as acute competition, declining sales, shortage of funds, etc. may challenge to meet theRead More →
