Commercial Banks have always played an important position in the country’s economy. They play a decisive role in the development of the industry and trade. They are acting
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
Steps involved in writing good business report The following steps are involved in report business writing. 1. Appointment of a Reporter: A reporter is appointed specifically by means
Limitations or disadvantages of office system and routine There are some limitations connected with the installation of system and routine. These limitations or disadvantages of office system and
Advantages of Office Systems and Routine Many advantages are available to an organization by using good office systems and routine very effectively. They are listed below. 1. Smooth
What are Own brands? Own brands are the names given to consumer’ products produced by, or on behalf of distributors and sold under the distributor’s own name or
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
Filing routine means receiving of papers, placing them in the concerned files and issue of files for ready reference. The establishment of a proper filing routine is necessary