Decision Making Decision-making has great importance for success of organization in contemporary management system. Managers have to take critical decisions at every stage. Decision-making pervades th
Planning,Nature of planning,Types of planning,Process of planning,Barriers of planning Planning: Planning is the primary function of management. It is the important process of deciding business object
Levels of Management,Managerial levels,Managerial Hierarchy: Many managers work in an organisation. However, these managers do not work at the same level. They work and operate at different positions.
Globalization : Globalization phenomenon is getting popular these days. Globalization of business refers to the free flow of goods service, technology, labor, capital information, across the nation
Henry Fayol’s fourteen universal principles of Mananagement Henri Fayol was a French mining engineer, mining executive,an author and director of mines who developed a general theory of busines
Deming’s 14 Quality Management Techniques Following are the Edward Deming’s Fourteen Techniques of Quality Management: 1. Create constancy of purpose for the improvement of product and ser