Management

Organizational Structure: Meaning, Importance, Types and Factors affecting

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In this article we will discuss about Organizational Structure: Meaning, Importance, Types and Factors affecting. Meaning Organizational structure means when the different functions are performed in organization to achieve its goals. In organizational structure various activities are assigned to different person to perform.   Importance of Organizational structure It helps in the organization of various […]

Management

Business Environment: Meaning, Categories and Features/Nature.

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In this article we will discuss about Business Environment: Meaning, Categories, and Features/Nature. Meaning   Business Environment means all those factors which are affecting business whether directly or indirectly. Business environment includes all those factors, forces and institutions which help business organization to achieve their goals. Category of Business Environment The business environment consists of […]

Management

Principles of Management: Meaning, Features/Nature, Importance and itsDerivation

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In this article we will discuss about Principles of Management: Meaning, Features/Nature, Importance and its Derivation. Meaning The word principles mean a fundamental concept which defines rules and truths of organization. It helps organization in taking action or decision on business management. Principles of management are an essential factor of the company which helps in […]

Business Environment

Factors effecting or Components of Business Environment

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In this article we will discuss about Factors effecting or Components of Business Environment. Business Environment   Business environment means combination of all those external or internal factors which are directly or indirectly effects environment of business organisation. The different organisational factors which effects business environment are Internal and External environment.   Internal factors/Environment: Internal environment/factors […]

Management

Organizational Context of Decisions

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In this article we will discuss about Organisational context of Decisions: Meaning, Definitions and its importance. Organizational Context of Decisions   Decision making is an important part in business life. It starts beginning of the business what to do, how to do, and for whom it has been done. It helps business to complete its […]

Management

Responsibilities of Professional Manager in the Process of Directing

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In this article we will discuss about Responsibilities of Professional Manager in the Process of Directing. RESPONSIBILITIES OF A PROFESSIONAL MANAGER IN THE PROCESS OF Directing: Meaning and steps involved. Directing Directing is a process in an organisation which is required at all levels. In directing process managers have to direct their subordinates towards  the objectives […]