Archive | Management

Quantitative Theory of Management: Branches, Evaluation and Limitations

After reading this article you will learn about:- 1. Branches of Quantitative Management 2. Evaluation of Quantitative Management 3. Limitations. Branches of Quantitative Management: The branches of quantitative management are: (a) Management Science, (b) Operations Management, and  (c) Management Information Systems. (a) Management Science: "Management science is an approach that aims at increasing decision effectiveness through the use of sophisticated [...]

By |2016-08-09T07:56:37+05:30August 9, 2016|Management|Comments Off on Quantitative Theory of Management: Branches, Evaluation and Limitations
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Forecasting: Meaning, Approaches and Techniques | Organisation

After reading this article you will learn about:- 1. Meaning of Forecasting 2. Approaches to Forecasting 3. Benefits 4. Measures to Increase the Effectiveness 5. Process 6. Techniques. Contents: Meaning of Forecasting in an Organisation Approaches to Forecasting in an Organisation Benefits of Forecasting in an Organisation Measures to Increase the Effectiveness of Forecasting in an Organisation Process of Forecasting [...]

By |2016-08-09T07:56:36+05:30August 9, 2016|Planning|Comments Off on Forecasting: Meaning, Approaches and Techniques | Organisation
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Planning Premises: Meaning, Process and Types

After reading this article you will learn about:- 1. Meaning of Planning Premises 2. Process of Planning Premises 3. Types. Meaning of Planning Premises: The process of planning is based upon estimates of future. Though past guides the plans in present, plans are made to achieve the goals in future. Therefore, forecast of future events leads to efficient plans. Since [...]

By |2016-08-09T07:56:36+05:30August 9, 2016|Planning|Comments Off on Planning Premises: Meaning, Process and Types
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