Is Management an Art or Science – Discussion
Management – Art or Science? The controversy with regard to the nature of management, as to whether it is an art or a science, is very old. This controversy, …
Category: Management
Control of Salesmen | Meaning | Need | Methods of Control
Introduction The success of planning depends greatly on the control of the sales force. This control activity has gained much significance in the modern competitive world. In fact, planning …
Merit Rating | Meaning, Objectives, Merits, Dangers, Uses, Suggestions
Introduction Job evaluation in a firm aims in measuring only the relative worth of jobs or positions. In other words, the technique does nothing to ascertain the actual performance …
Supervisor Management | Scientific, Human Relation & Functional Roles of Supervisor
What is Supervisory Management? Supervisory management, also known as lower management level is above the operatives and below the middle management in an organization. This level can be classified …
Roles and Responsibilities of Team Members in a Team
Roles and Responsibilities of Team Members Teams are usually selected or authorized by the Quality Council. A team normally consists of Team leader, Facilitator, Recorder, Timekeeper and Members. Each …
Codification of Materials | Types of Codification System | Advantages
Codification of Materials One of the most important factors in dealing with the materials is the human element which cannot be ignored or bypassed in devising any method of …
Quality Circles | Meaning | Characteristics | Advantages | Problems
The quality control circle or more popularly known as quality circle concepts were formed in Japan in 1960 and in United States it started in 1977. Gradually it caught …
Short-term & Long-term Objectives of Demand Forecasting
Objectives of Demand Forecasting The objectives of demand forecasting can be divided into two categories, namely short-term objectives and long-term objectives. Short-term Objectives 1. Formulation of Production Policy Demand …
Continuous Production System | Characteristics | Types | Merits | Demerits | Suitability
Continuous Production System Continuous production system involves a continuous or almost continuous physical flow of materials. It makes use of special purpose machines and produces standardized items in large …
Process Involved in New Product Development
Process of New Product Development Every product has a certain life period. The life-cycle of a product reveals that after a certain period, all products face the problem of …