Do you think Business Management as a Science?
Management as a Science! Science is a systematized body of knowledge, having logically observed principles and findings. It establishes cause and effect relationship between two or more events. […]
Archive | Business Management
Three Basic Approaches to Sales Forecasting (1693 Words)
Read this article to learn about the three basic approaches to sales forecasting! Forecasting, rudiment point of planning, from a marketing standpoint, is the tactics of predicting alterations in the marketing environment, so that organizations can contrive strategies to encounter them when they occur. […]
Methods and Techniques of Inventory Control | Business Management
Read this article to learn about the advance method and techniques of inventory control: ABC analysis, EOQ model, safety stocks and the reorder point! Inventories occupy the most prominent position in the working capital structure of manufacturing and distributive business enterprises. Image Courtesy : https://img.docstoccdn.com/thumb For example, on an average inventories are approximately 60 per cent of the [...]