A survey undertaken by Prof. Monappa of 115 business executives, attending the middle and senior management programme of the I.I.M., Ahmedabad and belonging to different industries, ages, educational
Functional authority – Definition: Functional authority is permission to issue directions to people not under line supervision. Such directions deal with specified activities or certain aspects of a
Lessor and lessee enjoys various benefits under leasing agreement in India such as Income tax benefits, sales tax benefits, modernization through lease finance etc. Benefits to lessor and
Meaning of Span of Supervision The span of supervision is also called as the span of control. It refers to the number of subordinates a manager can effectively
Supervision is a quasi-managerial function. Important function of supervisor is moving group towards performance, attaining of predefined tasks and goals. In the process of supervision, the managers or
There are many problems that a company face when it comes to dividend payments to its investors. A smaller growing company usually does not pay dividends. All the
The capital-structure decision for the smaller company is both less complex and more critical than for the large corporation. It is simpler because there are fewer alternatives for
Determining the value of a Corporation Corporate valuation is central to all corporate financial activities. Management’s most important objective is to create value for the owners by increasing
In terms of corporate marketing, business diversification is the strategy to increase profits by selling new products in new markets. As with all strategies, diversification in business has
Top 10 Steps to implement total quality in organization The following steps will give you an idea on how to implement total quality in an organization 1. Monitoring