MOTIVATION “Motivation” is a Latin word, meaning “to move”. Human motives are internalized goals within individuals. Motivation may be defined … More
Tag: Principles of Management
Directing
Direction Direction is telling people what to do and seeing that they do it to the best of their ability. … More
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
Decision Making
Decision making is a process of selection form a set of alternative courses of action which is thought to fulfil … More
Forecasting
Introduction to Forecasting: Predicting the future Forecasting is about predicting the future as accurately as possible, given all the information … More
Planning premises
Planning Premises:It constitutes the framework within which planning is done. bedrock for future course of action. it forecasts also considers … More
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
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
Types of plans
Types of plans •Objectives/goals •Strategies & tactics •Standards •Budgets •Policies •Procedures •Programmes •Rules •Methods What types of plans do managers … More
Different Kinds of planning
KINDS OF PLANNING Organizational level Focus Time period Corporate Strategic Long range Divisional Operational … More
