This article throws light upon the four most commonly calculated ratios. The ratios are: 1. Liquidity Ratios 2. Asset-Management Ratios 3. Debt Ratios 4. Profitability Ratios. Type # 1. Liquidity Ratios: Several liquidity ratios are used to learn how liquid (easily converted into cash) an organisation's assets are. These ratios measure the ability of the organisation to raise enough cash [...]
This article throws light upon the four main approaches to the study of organizational effectiveness. The approaches are: 1. Systems Resources Approach 2. Goal Approach 3. Internal Functioning Approach 4. Strategic Constituencies Approach. Approach # 1. Systems Resources Approach: This approach to organisational effectiveness focus on inputs — that is, on the extent to which the organisation can acquire the [...]
After reading this article you will learn about the social responsibility of the management. Meaning of Social Responsibility: The term 'social responsibility' has three different meanings, viz., social obligation, social reaction and social responsiveness. According to Milton Friedman and his followers, a corporation engages in social responsible behaviour when it pursues a profit within the constraints of law as imposed [...]