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Category: BUSINESS MANAGEMENT

SMART TEST

Posted on December 16, 2019 By commerceiets No Comments on SMART TEST
SMART TEST

SMART TEST Objectives are the ends for the achievement of which managerial activities are directed. Objectives are the pre-requisites of planning. It constitutes the purpose, the attainment of which is necessary for the business. These are the standing plans of the business. These are not only helpful in planning but also in other managerial functions…

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BUSINESS MANAGEMENT

OBJECTIVES

Posted on December 15, 2019 By commerceiets No Comments on OBJECTIVES
OBJECTIVES

MEANING Objectives are the ends for the achievement of which managerial activities are directed. These are the pre-requisites of planning. It constitutes the purpose, the attainment of which is necessary for the business. These are the standing plans of the business. These are not only helpful in planning but also in other managerial functions like…

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BUSINESS MANAGEMENT

SETTING OBJECTIVES IN MANAGEMENT

Posted on December 15, 2019 By commerceiets No Comments on SETTING OBJECTIVES IN MANAGEMENT
SETTING OBJECTIVES IN MANAGEMENT

SETTING OBJECTIVES IN MANAGEMENT Objectives are the ends for the achievement of which managerial activities are directed. Objectives are the pre-requisites of planning. It constitutes the purpose, the attainment of which is necessary for the business. These are the standing plans of the business. These are not only helpful in planning but also in other…

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BUSINESS MANAGEMENT

TYPES OF PLANNING IN BUSINESS

Posted on December 15, 2019 By commerceiets No Comments on TYPES OF PLANNING IN BUSINESS
TYPES OF PLANNING IN BUSINESS

TYPES OF PLANNING IN BUSINESS Planning is an intellectual process of thinking resorted to decide a future course of action regarding: What to do? How to do? Who will do it? When to do? Planning is first and foremost function of the management of ‘THINKING BEFORE DOING’. It is a bridge between the present situations…

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BUSINESS MANAGEMENT

PROCESS OF PLANNING

Posted on December 14, 2019 By commerceiets No Comments on PROCESS OF PLANNING
PROCESS OF PLANNING

PROCESS OF PLANNING Planning is a process that involves the setting up of the business objectives and allocation of resources for achieving them. Planning determines the future course of action for utilizing various resources in a best possible way. It is a combination of information handling and decision making systems based on information inputs, outputs…

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BUSINESS MANAGEMENT

ADVANTAGES OF PLANNING IN BUSINESS

Posted on December 14, 2019 By commerceiets No Comments on ADVANTAGES OF PLANNING IN BUSINESS
ADVANTAGES OF PLANNING IN BUSINESS

ADVANTAGES OF PLANNING IN BUSINESS Planning helps the organization in achieving its objectives early. The planning helps the organization in many ways. Some of the advantages of planning in business are as follows: BETTER UTILISATION OF RESOURCES Planning is deciding in advance regarding what to do, how to do, who is to do it, when…

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BUSINESS MANAGEMENT

IMPORTANCE OF PLANNING IN MANAGEMENT

Posted on December 14, 2019 By commerceiets No Comments on IMPORTANCE OF PLANNING IN MANAGEMENT
IMPORTANCE OF PLANNING IN MANAGEMENT

OBJECTIVES/ IMPORTANCE OF PLANNING IN MANAGEMENT Planning is an essential function of the management. It aims at making the realistic plans with a view to utilize the resources optimally and contribute to the efficiency and effectiveness of the economy. The following point will clearly illustrate the Importance of Planning in management: 1.ESSENTIAL FOR MODERN BUSINESS…

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BUSINESS MANAGEMENT

PLANNING

Posted on December 13, 2019 By commerceiets No Comments on PLANNING
PLANNING

MEANING Planning is an intellectual process of thinking resorted to decide a future course of action regarding: What to do? How to do? Who will do it? When to do? It is first and foremost function of the management of ‘THINKING BEFORE DOING’. It is a bridge between the present situations and future circumstances. ACCORDING…

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BUSINESS MANAGEMENT

METHOD STUDY

Posted on December 13, 2019 By commerceiets No Comments on METHOD STUDY
METHOD STUDY

METHOD STUDY Method Study is one of the Work Study techniques introduced and recommended by Father of Scientific Management FW Taylor to be used to choose the best way of doing the job. Method study is a systematic method of analyzing the method of doing a job including human movements involved in it. So it…

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BUSINESS MANAGEMENT

MOTION STUDY

Posted on December 13, 2019 By commerceiets No Comments on MOTION STUDY
MOTION STUDY

MOTION STUDY Motion Study is a scientific technique introduced by Frank Gilbreth. It is one of the techniques of work study recommended by the FW Taylor to decide upon chosing the method that will be best for doing a job effectively and efficiently. Motion study is a systematic way of determining the best method of…

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BUSINESS MANAGEMENT

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