MPOB/U1 Topic 1 Management: Concept, Nature, Process, Significance
Concept of Management Every business requires planning for the future to find a way to successful business for which the person in the helm of affairs has to take decisions […]
MPOB/U1 Topic 2 Managerial Levels, Skills, Functions and Roles
The Levels of Management Segmenting the management of an organization into levels is vital to maintaining the productivity and work performance of employees. Although when there is a change in […]
MPOB/U1 Topic 3 Management VS. Administration
Management can be understood as the skill of getting the work done from others. It is not exactly same as administration, which alludes to a process of effectively administering the […]
MPOB/U1 Topic 4 Coordination as Essence of Management
Coordination can be defined as “Synchronization of efforts from the stand-point of time and the sequence of execution”. In general coordination means bringing together the activities and resources of organisation […]
MPOB/U1 Topic 5 Planning: Nature, Scope and objectives of Planning
Planning is the most basic of all managerial functions. It is the process by which managers establish goals and define the methods by which these goals are to be attained. […]
MPOB/U1 Topic 6 Types of Planning, Planning Process
The 4 Types of Planning (i) Operational Planning “Operational plans are about how things need to happen,” motivational leadership speaker Mack Story said at LinkedIn. “Guidelines of how to accomplish […]
MPOB/U1 Topic 7 Process and Techniques of Decision Making
Decision making is a daily activity for any human being. There is no exception about that. When it comes to business organizations, decision making is a habit and a process […]
MPOB/U1 Topic 8 Bounded Rationality
Bounded rationality is the idea that rationality is limited when individuals make decisions: by the tractability of the decision problem, the cognitive limitations of the mind, and the time available […]
MPOB/U1 Topic 9 Organizing: Concept, Principles of an Organization
Organizing is the function of management which follows planning. It is a function in which the synchronization and combination of human, physical and financial resources takes place. All the three […]
MPOB/U1 Topic 10 Span of Control, Departmentization
Span of Control The larger an organization, the more management layers it has. As a result, a hierarchy is born. Multiple people in a department deal with a single superior. […]
MPOB/U1 Topic 11 Types of Organizations
Flat Organization A flat organization is unlike any other corporate structure. It’s exactly as its name suggests. While individuals may keep an expertise, hierarchy and job titles are not stressed […]
MPOB/U1 Topic 12 Delegation and Decentralization
Delegation Delegation is the assignment of any authority to another person (normally from a manager to a subordinate) to carry out specific activities. It is one of the core concepts […]
MPOB/U2 Topic 1 Staffing: Concept, Nature and Importance of Staffing
Staffing The managerial function of staffing involves manning the organization structure through proper and effective selection, appraisal and development of the personnel’s to fill the roles assigned to the employers/workforce. […]
MPOB/U2 Topic 2 Motivating and Leading: Nature and importance of Motivation
Motivation is an important factor which encourages persons to give their best performance and help in reaching enterprise goals. A strong positive motivation will enable the increased output of employee […]
MPOB/U2 Topic 3 Types of Motivation
Some of the important types of motivation are as follows: Achievement Motivation It is the drive to pursue and attain goals. An individual with achievement motivation wishes to achieve objectives […]
