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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Method of performance appraisal

Performance appraisal or merit rating is one of the oldest and most universal practices of management. It refers to all the formal procedures used in working organisations to evaluate the…

Factors Affecting wage and salary Levels

Which Factors Affecting wage and salary Levels ? Wage and salary administration is essentially the application of a systematic approach to the problem of ensuring that employees are paid in…

Why are wage incentive is important in india

The term wage incentive has been used both in the restricted sense of participation and in the widest sense of financial motivation. Incentives are variable rewards granted to employees according…