Everything you need to know about the approaches to industrial relations. Industrial relations refer to the collective relationship between management, employees and government in any organization. It deals with the people at work. Approaches to Industrial Relations is a comprehensive field of study, subtle as well as gross, a vast area of interactions, actions and reactions which affect not just [...]
In this article we will discuss about the common difficulties faced in decision making with guidelines for making it effective. Common Difficulties in Decision Making: Some common difficulties faced in making decisions and implementing them are as follows: i. Incomplete Information: This is a major problem for every manger. Lack of information leaves a manager adrift in a sea of [...]
In this article we will discuss about the quantitative way of decision-making. Introduction: The administration of a modern business enterprise has become an enormously complex exercise. There has been an increasing tendency to turn to quantitative techniques and models as a potential means for solving many of the problems that arise in such an enterprise. Management in action is decision-making. [...]