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...
Latest Posts
Thursday, 26 February 2015
Monday, 23 February 2015
Principles & Techniques of Coordination
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...
Friday, 20 February 2015
5 Functions of A Manager
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,...
Wednesday, 18 February 2015
What is Branch Banking
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...
Tuesday, 17 February 2015
Principles of Management Listed By Fayol
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...
Monday, 16 February 2015
How Banks Are Classified
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,...
Sunday, 15 February 2015
Scientific Management According To 3 Experts
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...
Friday, 13 February 2015
Managerial Qualities According To Henri & Fulmer
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...
Wednesday, 11 February 2015
What A Manager Is
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...
Tuesday, 10 February 2015
The Evolution of Banking
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....
Monday, 9 February 2015
Definitions of Management By Different Experts
Many authors define management as "the challenge of creating environment where people work together to achieve a common objective"
"Fayol" defines management as "the concept, techniques and...
Friday, 6 February 2015
9 Basic Techniques of Auditing
An audit is similar to any other research project, it consists of gathering of a considerable amount of information and then evaluating that information fairly and impersonally.
Audit technique...
Tuesday, 3 February 2015
Advantages & Disadvantages of Audit Program
Advantages of An Audit Program
Following are the advantages of an audit program:
1. There is no danger of any essential part of the work being overlooked or omitted.2. Clerks engaged on an...
Subscribe to:
Posts (Atom)