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Tag: Principles of Management

Motivation and its Theories

MOTIVATION “Motivation” is a Latin word, meaning “to move”. Human motives are internalized goals within individuals. Motivation may be defined … More

Equity, ERG, Maslow, Motivation, Motivation theories, Principles of Management, Satcey Adam

Directing

Direction Direction is telling people what to do and seeing that they do it to the best of their ability. … More

controlling, Directing, functions, Principles of Management, Supervising, Supervision

Nature and Purpose of Organisation

Nature and Purpose: Organisation is the backbone of management Characteristics of Organisation: o        Is a group of persons o        Is … More

Nature of Management, Oraganising, Principles of Management

Decision Making

Decision making is a process of selection form a set of alternative courses of action which is thought to fulfil … More

decision making, planning, Principles of Management

Forecasting

Introduction to Forecasting: Predicting the future Forecasting is about predicting the future as accurately as possible, given all the information … More

forecasting, planning, Principles of Management

Planning premises

Planning Premises:It constitutes the framework within which planning is done. bedrock for future course of action. it forecasts also considers … More

planning, planning premises, Principles of Management

Strategy: Types and Significance

Strategy   A process where an organization envisions its future and develops  strategies to achieve that vision. Definition: The determination of … More

planning, Principles of Management, Strategic planning process, Strategy

Objectives and MBO( Management by Objective)

Objectives from a Hierarchy: In many organizations objectives are structured in a hierarchy of importance. There are objectives within objectives. … More

Management by objective, MBO, Objectives, planning, Principles of Management

Types of plans

Types of plans •Objectives/goals •Strategies & tactics •Standards •Budgets •Policies •Procedures •Programmes •Rules •Methods What types of plans do managers … More

planning, Principles of Management, types of planning

Different Kinds of planning

KINDS OF PLANNING   Organizational level  Focus    Time period Corporate           Strategic                   Long range Divisional           Operational … More

planning, Principles of Management, types of planning

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