Meaning and Definition of Control Control is intended to ensure and make possible the performance of planned activities and to achieve the predetermined goals and results. It involves
Procedure for conversion of Public Ltd Company to a Pvt Ltd Company A public company can choose to convert itself into a private company. In such a case,
What are Policies? Policies are general statements that guides in decision-making. A policy refers to a continuing decision which applies to repetitive situations. It is standing answer to
Fundamental principles of delegation The process of delegation to be effective, must be based on the following broad principles: 1. Assignment of Duty in terms of Results: The
Delegation, although seems to be a simple process, suffer from several obstacles in practice. These obstacles arise partly on account of the superiors’ attitude, partly due to the
Essential characteristics of effective control system If control is to be effective and adequate, it must satisfy the following requirements: 1. Perfect Plan: Control should reflect the plan
Communication is one of the most important tool in the process of management. It influences every function of management. Managers at various levels use the communication system to
Types of Tests commonly used for recruitment in firms So far, a wide variety of tests have been devised by the industrial psychologists. But a detailed study of
Management is essentially a process of decision-making, and managers at various levels are mainly concerned with decision-making. Without decisions, the functions of management could not take place and
Basis of Promotion – Merit vs. Seniority Promotion is made either on the basis of seniority or on the basis of merit or both. Normally, management of any