Nature & Importance of Business Policy
As already observed, policies are basically formulated by the two management or the general management for guiding, directing and facilitating the thinking and acting process …
Read MBA, BBA, B.COM Notes
As already observed, policies are basically formulated by the two management or the general management for guiding, directing and facilitating the thinking and acting process …
1. Environmental Scanning: Environmental scanning is the monitoring, evaluating and disseminating of information from the external and internal environments to key people within the corporation. Its …
Policies may be divided into different types of policies from different approaches. A. On the Basis of Source: Koontz and O’Donnell divide the sources of …
Public policy refers to the actions taken by government its decisions that are intended to solve problems and improve the quality of life for its …
“A manager is not a person who can do the work better than his team, he is a person who can get his team to …
Characteristics of Business Production or Trading of Good or Services for Sale If a business plans on selling a product, it has to either manufacture …
It is generally believed that a business has a single objective. That is, to make profit. But it cannot be the only objective of business. …
1. Primary Objectives: These are the objectives for which a company has been started. Every business aims to earn more and more profits out of its …
8 key areas in which managers should set management system objectives are: Innovation: Innovation is the hallmark of progress and prosperity though associated with high …
In the long term, companies want to solve problems permanently and to reach their overall targets. Long-term planning reacts to the competitive situation of the …