Tag Archives | Management

How to Meet the Challenges of Management? | Challenges | Management

The changing trends in social, technological, political, economic and other environments discussed above are likely to create new challenges for the managers. High degree of professionalisation will be needed if the managers have to deal with the challenges effectively. Professionalisation of management requires expert knowledge of management theory and practices, training in management techniques and sensitivity to social responsibilities. To [...]

By |2017-03-24T07:03:00+05:30March 24, 2017|Management|Comments Off on How to Meet the Challenges of Management? | Challenges | Management

Grouping Activities into Departments | Organisation | Management

The important methods of grouping activities into departments may be summed up as follows: 1. By Enterprise Functions 2. Departmentalisation by Products 3. Departmentation by Customers or Markets 4. Departmentalisation by Territory 5. Departmentation by Process. Method # 1. By Enterprise Functions: The most simple and common type of organisation consists of grouping of all similar activities of the business [...]

By |2017-03-24T07:02:59+05:30March 24, 2017|Departmentation|Comments Off on Grouping Activities into Departments | Organisation | Management

Difference between Rationalisation and Scientific Management

This article will help you to learn about the difference between rationalisation and scientific management. Difference between Rationalisation and Scientific Management Difference - 1. Nature and Scope: Scientific management involves the application of scientific principles to a business unit. But rationalisation covers the entire industry. Logic and scientific methods are applied to the entire industry under rationalisation. Scientific management is [...]

By |2023-02-19T17:48:30+05:30March 24, 2017|Difference Between|Comments Off on Difference between Rationalisation and Scientific Management
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