Tag Archives | Business Unit

Difference between Rationalisation and Scientific Management

This article will help you to learn about the difference between rationalisation and scientific management. Difference between Rationalisation and Scientific Management Difference - 1. Nature and Scope: Scientific management involves the application of scientific principles to a business unit. But rationalisation covers the entire industry. Logic and scientific methods are applied to the entire industry under rationalisation. Scientific management is [...]

By |2023-02-19T17:48:30+05:30March 24, 2017|Difference Between|Comments Off on Difference between Rationalisation and Scientific Management
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Size of Units in Important Industries in India

After reading this article you will learn about the size of units in important industries of India:- 1. Cotton Textiles Industry 2. Jute Industry 3. Cement Industry 4. Paper Industry 5. Sugar Industry 6. Coal Industry 7. Iron and Steel Industry. Cotton Textiles Industry: A mill with not less than 1,000 looms and 35,000 spindles may be reckoned as an [...]

By |2017-02-06T21:14:07+05:30February 6, 2017|Enterprises|Comments Off on Size of Units in Important Industries in India
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Determining the Best Size of Business Units: 5 Factors

The factors that determine the best size of the business units (the optimum size of the firm) are studied under the following five groups: 1. Technical Factors 2. Managerial Factors 3. Financial Factors 4. Marketing Factors 5. Factors of Risks and Fluctuations. 1. Technical Factors: Technological factors underline the need for enlarging the scale and size of operations of a [...]

By |2017-02-06T21:14:07+05:30February 6, 2017|Enterprises|Comments Off on Determining the Best Size of Business Units: 5 Factors
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