Tag Archives | Management

Centralization and Decentralisation in an Enterprise

After reading this article you will learn about Centralisation and Decentralisation in an Enterprise:- 1. Meaning of Centralisation and Decentralisation 2. Factors Determining the Degree of Decentralisation 3. Advantages of Decentralisation 4. Disadvantages of Decentralisation 5. Advantages of Centralisation. Meaning of Centralisation and Decentralisation: Centralisation means that the authority for most decisions is concentrated at the top of the managerial [...]

By |2016-06-22T16:18:03+05:30June 22, 2016|Delegation|Comments Off on Centralization and Decentralisation in an Enterprise

Responsibility of Managers: Meaning, Areas and Importance

Meaning of Responsibility: Generally in the organisations, Managers have authority. Therefore, they are responsible for other people, money and resources. Thus, responsibility is defined as "the accountability for authority". Accountability is the management philosophy whereby individuals are held accountable for how well they use their authority and live up to their responsibility of performing pre-determined activities. "Responsibility" is used in [...]

By |2016-06-22T16:18:03+05:30June 22, 2016|Responsibility|Comments Off on Responsibility of Managers: Meaning, Areas and Importance

Manpower Planning: Meaning, Factors, Objectives and Principles

After reading this article you will learn about:- 1. Definition of Manpower Planning 2. Factors Affecting Manpower Planning 3. Objectives 4. Principles. Definition of Manpower Planning: Manpower planning may, be defined as, "the replacement planning which analyse labour turnover, recruitment policy, promotion, development and maintenance of employee programmes and assess the future needs of the organization so that sufficient number [...]

By |2016-06-22T16:18:03+05:30June 22, 2016|Staffing|Comments Off on Manpower Planning: Meaning, Factors, Objectives and Principles
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