Tag Archives | Functions

Management by Objectives (MBO): Merits and Demerits

Everything you need to know about the merits, demerits, advantages, disadvantages, benefits and weaknesses of Management by Objectives (MBO). Management by objectives lays emphasis on result-oriented and participative style is basically a simple approach to management. Successful managers all over the world, whether in industry, defence, government, or educational institutions have unconsciously practiced the essence of management by objectives. Management [...]

By |2019-04-23T10:42:56+05:30April 23, 2019|Management by Objectives|Comments Off on Management by Objectives (MBO): Merits and Demerits
Read More

Functions of Human Resource Management

Everything you need to learn about the functions of human resource management. HRM is based on what managers do. The functions performed by managers are common to all organizations. In order to achieve the objectives of an organisation, the HRM section or department must carry out a number of functions. These functions include all those functions which are relevant for [...]

By |2019-04-23T10:42:56+05:30April 23, 2019|Functions of HRM|Comments Off on Functions of Human Resource Management
Read More

Characteristics of Planning

Everything you need to know about the characteristics and features of planning. Planning is the first management function to be performed in the process of management. It governs survival, growth and prosperity of any enterprise in a competitive and ever-changing environment. Planning means looking ahead and chalking out future courses of action to be followed. It is rightly said "Well [...]

By |2019-04-23T10:38:34+05:30April 23, 2019|Characteristics of Planning|Comments Off on Characteristics of Planning
Read More
BusinessManagementIdeas.Com. All rights reserved.
Go to Top