Management is a set of principles relating to the functions of planning, organizing, directing and controlling, and the application of these principles in harnessing physical, financial, human and informational resources efficiently and effectively to achieve organizational goals.

Management as a Process, an Activity, a Discipline, a Group, a Science, an Art, a Profession.

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Principle of management | Entrepreneurship | Finance management | Human Resources Management

6 Important Forms of separation of an employee

Separation is a situation when the service agreement of an employee with his/her organisation comes to an end and employee leaves the organization. In other words, separation is a decision…

Areas needing objectives by peter drucker

Which are require areas needing objectives? and How can areas needing objectives is important for business. Objectives affect the size, shape, and design of the organization, and they are important in…

Nature and needs of working capital management

Working capital management is also one of the important parts of the financial management. It is concerned with short-term finance of the business concern which is a closely related trade…

Need and causes of Grievance procedure

Grievance procedures are a means of dispute resolution that can be used by a company to address complaints by employees, suppliers, customers, and/or competitors. A grievance procedure provides a hierarchical…