After reading this article you will learn about:- 1. Meaning and Definition of Public or State Enterprises 2. Characteristics of State Enterprises 3. Objectives 4. Advantages 5. Disadvantages. Meaning and Definition of Public or State Enterprises: State enterprises as a form of business organisation occupy an important place in the economy of the country today. State enterprise is an undertaking [...]
Management and Accounting have been closely associated for a long time. Historically, the functions of accounting have been to record, analyze, and report the results of business operations in various units of measurement, such as rupees, units of production, standard hours and kilowatts. With such information, management can: (1) Plan future operations, (2) Control key variables, (3) Decide among alternative [...]
After reading this article you will learn about:- 1. Meaning of Organizational Development (O.D) 2. Objectives of Organisational Development 3. Characteristics 4. Steps. Meaning of Organisational Development (O.D): Organisational (or organization) Development or simply O.D. is a technique of planned change. It seeks to change beliefs, attitudes, values and structures-in fact the entire culture of the organization—so that the organization [...]