Levels of Management and their Functions
With the growing complexities of business, the process of management also become more complicated and calls for a higher degree of skill and ability. Particularly in view of the …
Tag: business management
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 …
Project Report | Meaning | Contents of a Project Report
Meaning of Project Report A Project Report is a document which provides details on the overall picture of the proposed business. The project report gives an account of the …
Rights of Unpaid Seller against Goods – Lien, Stoppage in Transit, Re-Sale
Who is an Unpaid Seller? An unpaid seller is one to whom the whole of the price has not been paid or a bill of exchange or such other …
Role and Responsibilities of Business Economists
Role and Responsibilities of Business Economists The role of Business Economist becomes increasingly important in view of the different objectives of the firm. He has a significant role to …
Individual & Organizational Factors Responsible for Resistance to Change
Individual Factors responsible for Resistance to Change There are many factors responsible to resistance to change at the individual level. Degree of force or resistance depends on how people …
Business Risk | Meaning | Types | Categories of Business Risks
Meaning of Business Risk Business risk is that portion of the unsystematic risk caused by the prevailing environment of the business. In other words, business risk is a function …
Top 10 Characteristics of an Open System
An open system is one that continuously interacts with its environment for taking inputs and giving outputs. An open system has the following characteristics 1. Importation of Energy: An …
Top 10 Characteristics of Quality Managers
Top 10 Characteristics of Quality Managers Quality managers are those who continuously strive for success and ultimately achieve it. Though success of managers depends on their own characteristics as …
Virtual Office | Meaning | Advantages | Disadvantages | How to make Effective?
What is a Virtual Office? The concept of virtual offices emerged with the concept of Virtual Organizations. Office automation has led to the development of virtual office concept. A …