SWOT Profile
When the analysis has been completed, a SWOT profile can be generated and used as the basis of goal setting, strategy formulation, and implementation. The…
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External Analysis
An opportunity is the chance to introduce a new product or service that can generate superior returns. Opportunities can arise when changes occur in the…
Kinds Of Strategies And Policies
Major kinds of strategies and policies need to developed in areas such as growth, finance, organization, personnel, public relations, products or services and marketing ….
Management by Objectives (MBO )
Meaning and definition of management by objectives Management by objectives (MBO) has become a widely used slogan. It is a basic mentality that a high-performance…
Essential Characteristics or Features of Management By Objectives
A careful study of the above definitions bring out the following features of MBO. Management by Objectives is a philosophy or a system, and not…
Benefits Of Management By Objectives
Balance stress on objectives. MBO forces managers to set objectives with balanced stress on key result areas. Thus, crisis conditions are avoided to take place…
Limitations /Weakness /Disadvantages of MBO
Unfavorable attitude of Managers. Some manager have an attitude that the regular attenuation required of them By MBO System, draws heavily on their busy time…
Organizing
Basic DefinitionBasically, an organization is a group of people intentionally organized to accomplish an overall, common goal or set of goals. Business organizations can range…
Function Of Human Resource Management
Procurement Training Compensation Maintenance Separation HRP- Stay Plans – Goals Turn over Rate Absenteeism Compensation = Job evaluation integration Maintenance = Both mentally and physically…
Organizations as Systems (of Systems of Systems)
Organization as a SystemIt helps to think of organizations are systems. Simply put, a system is an organized collection of parts that are highly integrated…