This article throws light upon the eight tips for improving listening skills in the organisation. The tips are: 1. Be More Open Minded in the Organisation 2. Develop Empathy in the Organisation 3. Listen Actively in the Organisation 4. Observe Nonverbal Clues in the Organisation 5. Improving Sending Skills in the Organisation 6. Simple Language in the Organisation 7. Organize [...]
This article throws light upon the ten main types of budget used in an organisation. The types are: 1. Sales Budget 2. Cash Budget 3. Production Budget 4. Materials Budget 5. Labor Budget 6. Factory Overhead Budget 7. Distribution Overhead Budget 8. Administrative Overhead Budget 9. Master Budget 10. Fixed and Flexible Budget. Type # 1. Sales Budget: It includes [...]
This article throws light upon the three main steps involved in the process of control in an organisation. The steps are: 1. Establishing Standards 2. Apprising Performance 3. Taking Corrective Action. Step # 1. Establishing Standards: A standard acts as a reference line or basis of comparison of actual performance in the organisation. Standards in enterprise should be set precisely [...]