Process and Step of Controlling in Management! Process of Controlling in Management: K. Boulding states that the barest essential of any organization is a control mechanism. Control is the key factor. If the control mechanism fails, plans and programmes will also fail. A control mechanism or control process has five basic elements. They are as follows: 1. Establishment of standards [...]
Different Types of Organisations and their purpose! This article will also help you to learn about the followings: 3 Types of Organizations Types of Organizations Formal and Informal Types of Organizations Formal and Informal Commercial and Non-Commercial Organization Different Types of Organisations and their Purpose Types of Organizations in Management Indian Cabinet is an organization, Indian Football team is an [...]
In this article we will discuss about the importance of management in an organisation. Importance of Management: Management plays important role in shaping the culture of an organisation. The performance and survival of business organisation depends on its management. Peter F. Drucker, in this regard remarks: "Management is the specific organ of the modern institution. It is the organ on [...]