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
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 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