Everything you need to know about the process of management. The process is defined as a series of actions or operations conducted to an end. Management as a process emphasize that all managers, regardless of their particulars aptitudes or skills, engage in certain interrelated activities in order to achieve their desired goals. Management process can be divided into a set [...]
Everything you need to know about the steps, stages, procedure and process of decision-making adopted by business, organisations and managers. Decision making is many-phased and sequential process. It involves a series of interrelated steps that lead manager towards optimum solution. The stages need not be rigidly applied, rather they depend on situations. This process is more applicable to non-programmed decisions. [...]
Everything you need to know about the types and classification of planning. The planning covers the entire organization. It is a comprehensive process of determining the long term objective of the organization and evolving inter-connected and interdependent plans to be carried out inside the organization. This plan covers corporate growth, research and development, divestment, unprofitable product/section modernization, expansion, diversification, merger [...]