NEED THEORY OF MOTIVATION / MASLOWS THEORY OF NEEDS
MOTIVATION: Motivation as the processes that account for an individual’s intensity, direction and persistence of effort toward attaining a goal. Finally motivation has a persistence…
Principles Of Management
MBO (MANAGEMENT BY OBJECTIVE)
MBO Management by objective is the approach by which both employees and superior jointly set performance goals and duties. Having participated in the fixation of…
MANAGEMENT CONTROL & ITS VARIOUS STEPS OF CONTROL PROCESS
MANAGEMENT CONTROL Like other things are controlled management and managerial activities such as decision making, plans and putting them into effect. This type of control…
Managerial Decision Making
Effective managers are tasked with making decisions ranging from large to small on a daily basis. An effective organization employs managers who are problem-solvers and…
Six Decision Making Factors for Managers
The ability to take timely, clear and firm decisions is an essential quality of leadership, but the type of decision needed, varies according to the…
Eight types of managerial decisions
1. IrreversibleThese are type of decisions, which if made once cannot be undone. Whatever is decided would then have its repercussions for a long time…
The Nine Tasks of a Professional Manager
Tasks of professional managers:1. Providing direction to the firm:Envisioning goal is the first task that should never be delegated.2. Managing survival and growth.There are two…
Management Skills Characteristics and Enterprise
Is the process of setting objectives & the ability to achieve results through people? An objective is a goal to be achieved. Management can be…
Four stages in the planning process
Planning involves selecting organisational goals and finding ways to achieve them. It provides the following benefits: Direction: The plan sets the direction for the business…
Reasons for a Business Plan
Definition:A business plan is a document that discusses in detail who is setting up the business, what the product/service is, how it is produced, marketed…