A performance management system consists of the processes used to identify, encourage, measure, evaluate, improve, and reward employee performance at work. Employees' job performance is an important issue for all employers. However, satisfactory performance does not happen automatically; however, it is more likely with a good performance management system. Performance management system is the talent within the organization which involves [...]
A well-designed marketing information system consists of four major components: 1. Internal Accounting System 2. Marketing Intelligence System 3. Marketing Research System 4. Marketing Science System. Components of Marketing Information System # 1. Internal Accounting System: In this system the marketing executive receives the historical data from accounting books on sales, costs, inventories, receivable, payables, cash inflows and outflows, funds [...]
After reading this article you will learn about:- 1. Meaning of System 2. Definition of System 3. Classification 4. Design 5. Overall Objectives 6. Advantages. Meaning of System: A system can be defined as an orderly arrangement of components like, men, materials, money, machine and environment that are inter-related, and act and interact with one another to perform task or [...]