Archive | Management

Rationalization Movement: Genesis, Insertions, Causes and other Details

Read this article to learn about the rationalization movement: genesis and insertions, aims, main causes, pros & cons and precautions! Genesis and Insertions: The technical cult ‘rationalization’, pioneered by Walter Rathenau was popularized in 1926, when the German public enterprises took up this plan for reorganizing and regenerating themselves on the pattern of U.S.A. industries. Image Courtesy: madrigal.com.au/wp-content/uploads/Biz-Info.jpg [...]

By |2014-03-14T07:11:55+05:30October 18, 2013|Management|Comments Off on Rationalization Movement: Genesis, Insertions, Causes and other Details
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Game Theory: Assumptions, Application and Limitations

Game Theory:  Assumptions,  Application and Limitations! John Von Neumann and Oscar Morgenstern are considered to be the originator of game theory. They mentioned it in the book ‘Theory of Games and Economic Behaviour’. A game is a situation in which two or more participants take part in pursuit of certain conflicting objectives. […]

By |2014-03-14T06:31:42+05:30October 18, 2013|Management|Comments Off on Game Theory: Assumptions, Application and Limitations
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Public Enterprises: Role of Public Enterprises (PEs) for Society

Public Enterprises: Role of Public Enterprises (PEs) for Society! The creation and growth of state (public) sector of business is designed as an instrument of social control. For a developing country public enterprises have become a key factor for the planned and balanced growth. A.H. Hanson rightly observes that, “Public enterprise without a plan can achieve something but a plan [...]

By |2014-01-27T16:46:34+05:30October 18, 2013|Management|Comments Off on Public Enterprises: Role of Public Enterprises (PEs) for Society
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