Archive | Management

Buyer’s Motive and Decision Making Process (With Diagram)

After reading this article you will learn about buyer’s motive and decision making process for purchasing a product. Meaning of Buying Motive: A motive is a drive or an urge for which an individual seeks satisfaction. Thus, any urge moving or prompting a person to purchase decision is called a buying motive. According to S A. Sherlekar. "A buying motive [...]

By |2016-12-04T08:09:42+05:30December 4, 2016|Product Mix|Comments Off on Buyer’s Motive and Decision Making Process (With Diagram)

Management by Objectives (M.B.O.)

A Tutorial Notes on Management by Objectives (M.B.O.): 1. Introduction to Management by Objectives 2. Purpose 3. Characteristics 4. The Actual Mechanics 5. Process 6. Steps Involved in an MBO Programme 7. Benefits of an MBO Programme 8. Why does MBO work? 9. Problems 10. Effective Implementation 11. Effectiveness and Other Details. Management by Objectives (M.B.O.) - Intro, Purpose, Characteristics, [...]

By |2019-02-27T07:02:17+05:30December 4, 2016|MBO|Comments Off on Management by Objectives (M.B.O.)

Main Aspects of Manager’s Role | Management

This article throws light upon the two main aspects of manager’s role in an organisation. The aspects are: 1. Accountability 2. Effectiveness and Efficiency. Aspect # 1. Accountability: The difference between managers and other people in the organisation is that only managers are held responsible, or accountable, not only for their own work but also for the work of others. [...]

By |2016-11-05T03:52:18+05:30November 5, 2016|Management|Comments Off on Main Aspects of Manager’s Role | Management
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