Management

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…

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…

By nature is meant qualities and characteristics of anything. Principles are general propositions, which are applicable when certain conditions are present. These have been developed…

Taylor’s Scientific Management Scientific management refers to an important stream of one of the earlier schools of thought of management referred to as the ‘Classical’…

The principles of management derive their significance from their utility. They provide useful insights into managerial behavior and influence managerial practices. Managers may apply these…

Level of Management Management is a universal term used for certain functions performed by individuals in an enterprise who are bound together in a hierarchy…

Functions of Management Management is described as the process of planning, organizing, directing and controlling the efforts of organizational members and of using organizational resources…