Classes of Shares
A SHARE in a company is one of the units into which the total capital of the company is divided. A share is the interest of a shareholder in the company measured by a sum of money...
Every bank has to publish its balance sheet at fixed intervals as laid down by the law of the country. The real financial position of the bank can be known only after an analysis of its balance sheet....
Although like medical and accounting, management, has not yet achieved professional status, yet the techniques, principles, and process of management are universal. Universality of management refers...
Coordination is ever present at every level of management, and pervades all managerial functions. It has been defined as an orderly synchronization or unification of individual and group efforts. It...
In this article i am going to tell you the functions of a manager. Every manger should follow and learn these functions:
1. Planning
It means selecting the objectives, formulating the policies,...
Though the functions of banks are almost the same in every country, there are difference in the organizational set-up and the lending practices of banks in different countries. We can divide banking...
Henri Fayol advanced the following fourteen principles of management which he considered as flexible and universal regardless of changing environment.1. Division of WorkWhen an organization come into...
Everything with which we are much familiar, is difficult to be defined. The paradox applies to the bank also. We are much familiar with banks in our day-to-day life, but when it comes to definition,...
Scientific management conducts a business or affairs by standards and norms established by facts, or truths inferred from systematic observations, experiences, or experiments. The following four management...
Managerial Qualities According To Henri Fayol
Henri Fayol suggested the following the qualities that a manager should posses:
1. Physical
The manager as a leader should be healthy and free of...
What does it mean to be a manager? A manager is the person who draws plans, determines objectives and standards, and takes decisions. He is responsible for the work of others.
A manager is many...
The word "Bank" has been derived from the word "Bancus" or "Banque" which means a bench. In the early days, Jews in Lombardy transacted the business of money exchange on benches in the market place....