In this article we will discuss about the types of economic activities. The activities are:- 1. Business 2. Industry 3. Commerce 4. Trade. Economic Activity Type # 1. Business: Business is an economic venture. It involves regular production and exchange of goods and services. Business is carried with a clear intent to make money by offering want satisfying goods and [...]
In this article we will discuss about the different types of motivational theories. The theories are: 1. "Maslow's" Need Hierarchy Theory 2. Herzberg's Two Factor Theory 3. McGregor’s Theory X and Theory Y 4. William Ouchis Theory Z. Learn about:- 1. Motivational Theories in the Workplace 2. Theories of Motivation in Management 3. Types of Motivational Theories 4. Employee Motivation Theories 5. [...]
In this article we will discuss about the importance of management in an organisation. Importance of Management: Management plays important role in shaping the culture of an organisation. The performance and survival of business organisation depends on its management. Peter F. Drucker, in this regard remarks: "Management is the specific organ of the modern institution. It is the organ on [...]