Employee absenteeism is a costly problem in the United States. Billions of dollars worth of productivity are lost every year.…
What are Channels of Distribution? Channel of distribution is mainly concerned with the physical distribution of goods and services. It…
Features of Scientific Management Taylor conducted various experiments at his workplaces to find out how human beings could be made…
Scope of Control in Management For effective control, it is important to know what are the critical areas where control…
What is Social Responsibility of Business? Social responsibility of business refers to what the business does, over and above the…
The performance appraisal is the process of evaluating the performance and competencies of the employees in terms of the requirements…
What is Performance Appraisal? The performance appraisal is the process of evaluating the performance and competencies of an employee in…
The impetus for the scientific management approach came from the first industrial revolution. Because it brought about such an extraordinary…
What is Benchmarking? Benchmarking is a continuous process of evaluation and learning of the best-in-class business practices. The process focuses…
Strategic Planning Process These are the steps of the strategic planning process: Input to Organization Industry Analysis Enterprise Profile Orientation,…