Accuracy and precision are two important factors to consider when taking data measurements. Both accuracy and precision reflect how close a measurement is to an actual value,… Read More »Difference between Accuracy and Precision
Meaning and Definition of Departmentalization Departmentalization refers to a process of grouping two or more jobs into various groups. It is one of the essential… Read More »Departmentalization: Bases of Departmentalization
Time Management Definition Time management may be defined as the art and science of making the optimum utilization of time. It helps an individual in… Read More »What is Time Management? Advantages
Contemporary management issues are greatly influenced by recent technological advancements. Such advancements and transformations are easily observable in nearly all management organizations such as libraries,… Read More »Contemporary Issues in Management
Decision-Making Techniques Decision making techniques are as follows: Marginal Analysis: Marginal analysis is an important decision-making technique as it helps in determining the level of increase… Read More »Techniques of Decision-Making
Controlling Techniques Controlling Techniques are two types, There are 1. Traditional Techniques and 2. Modern Techniques. 1. Traditional Techniques Some of the Traditional Controlling Techniques are… Read More »What are the Techniques of Controlling?
Controlling process is containing some of the essential steps. These are 1. Setting Performance Standards 2. Measurement of Actual Performance 3. Comparing Actual Performance with… Read More »Controlling Process: Establishing Controlling System
Controlling types are three basic types of controls are exercised Controlling Types 1. Feed Forward Control Feed forward control is a type of controlling where… Read More »Types of Controlling in Management
Controlling is considered to be as indispensable function of management in an organization. The process of management remains incomplete without proper controlling. It seeks to… Read More »What is Controlling? Nature and Importance
Meaning and Definition of Co-ordination Co-ordination is that hidden, unseen and intangible factor which gives a sense of unity and purpose to the activities of… Read More »Co-ordination: Principles and Types