Balance Scorecard (BSC), Idea Underlying BSC
The balanced scorecard is a management system aimed at translating an organization’s strategic goals into a set of performance objectives that, in turn, are measured, …
Read MBA, BBA, B.COM Notes
The balanced scorecard is a management system aimed at translating an organization’s strategic goals into a set of performance objectives that, in turn, are measured, …
Generalists and specialists have a similar job title, so it can be difficult deciding which career path is the right fit for your professional skills …
A career development plan is totally different from a performance appraisal. Performance appraisals focus on your supervisor? perception of your contributions and your developmental needs …
Recruitment and Selection is an important operation in HRM, designed to maximize employee strength in order to meet the employer’s strategic goals and objectives. It …
STATISTICAL QUALITY CONTROL Statistical quality control refers to the use of statistical methods in the monitoring and maintaining of the quality of products and services. …
ISO (9000& 14000 SERIES) The International Organization of Standardization (ISO) is a worldwide federation consisting of member bodies from 91 countries, which promotes the development …
Quality management ensures that an organization, product or service is consistent. It has four main components: quality planning, quality assurance, quality control and quality improvement. …
SUPPLY CHAIN MANAGEMENT In commerce, supply chain management (SCM), the management of the flow of goods and services, involves the movement and storage of raw …
Lean management is an approach to running an organization that supports the concept of continuous improvement, a long-term approach to work that systematically seeks to …
Theory of Constraints The Theory of Constraints is a methodology for identifying the most important limiting factor (i.e. constraint) that stands in the way of …