After reading this article you will learn about:- 1. Introduction to Managing Groups and Group Processes 2. Model of Work Group Effectiveness 3. Types 4. Work Group Characteristics 5. Stages of Group Development 6. Basic Group Characteristics 7. Cost and Benefits Offered by Group 8. Organisational Application 9. Group Cohesiveness 10. Informal Leadership and Other Details. Contents: Introduction to Managing [...]
After reading this article you will learn about updating controls in an organisation. Controls prove to be effective as long as they do what they are intended to do. The control devices are initially designed with a certain set of expectations and under specific situations or circumstances. If circumstances and expectations within the organisation keep on changing, there is need [...]
Following are the main types of business organisations: A. Private Sector B. Public Sector (State Ownership and Control) C. Joint Sector. A. Private Sector Organisations: 1. Private Companies (Individual Ownership): As the name suggests, such type of business is owned by one man. The businessman invests capital, employs labour and machines. This is the oldest and simplest form of business [...]