Everything you need to know about Theory X and Theory Y of motivation. Prof. Douglas McGregor proposed theory X and theory Y. Theory X is related to traditional approach about people and theory Y is related to modern approach about people. Theory X is somehow related to concept of scientific management, which advocates that people dislike the work and they [...]
Everything you need to know about the importance of delegation of authority. Delegation is the essence of good organisation. It is an important process to manage the affairs of an enterprise satisfactorily. Delegation of authority means conferring authority to another, to accomplish a particular assignment. That means a manager can get things done through others by sharing authority with them. [...]
Everything you need to know about the characteristics of management. An efficient management can make the employees to work efficiently and an inefficient management can break the employees and can bring industrial unrest in the business organization. This management has got immense importance now-a-days because of increased trend towards standardization, automation, specialization and computerization of the activities. The important characteristics [...]