Business

Importance of Organizing in Business Management Performance of the organizing function can pave the way for a smooth transition of the enterprise in accordance with…

Types of Plans in Business Management Planning is a management process, concerned with defining goals for company’s future direction and determining on the missions and…

Planning Process in Business Management The process of planning includes the determination of objectives and outlining the future actions that are needed to achieve these…

Limitations of Planning in Business management The Difficulties or Criticisms which are involved in planning process. Planning in Business management means set a goal. But…

Features of Planning The planning function of the management has certain special features. These features throw light on its nature and scope. Planning focuses on…

Importance of Planning Planning is certainly important as it tells us where to go, it provides direction and reduces the risk of uncertainty by preparing…

Dimensions of Business Environment Dimensions are the factors constituting the business environment include economic, social, technological, political and legal conditions which are considered relevant for…

Privatization in Business Environment The transfer of ownership, property or business from the government to the private sector is termed privatization. The new set of…

Governments create the rules and frameworks in which businesses are capable to contend against each other. From time to time, the government will modify these…

Fayol’s Principles of Management According to Fayol, the functions of management are to plan, to organize, to command, to coordinate and to control. The activities…