Wednesday, May 24, 2017

INDIVIDUAL VS GROUP DECISION MAKING

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You are perhaps aware that in recent times most of the decisions in any large organisation are usually taken by a group of people (e.g., B...

TECHNIQUES OF DECISION MAKING

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In the models of decisionmaking , you must have observed that any systematic approach to decision making starts with a proper definition...
Thursday, April 27, 2017

MODELS OF DECISION MAKING

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In previous article (Decision making process) you have learnt what the different phases of a decision making process are, what types ...

DECISION MAKING PROCESS

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Making decisions has been identified as one of the primary responsibilities of any manager. Decisions may involve allocating resources...
Thursday, February 23, 2017

MANAGEMENT OF ORGANISATION

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Why is an organization created? What is its purpose? How best can it achieve that purpose? What methods and means will it employ to achi...
Monday, December 19, 2016

LEVELS OF MANAGERS

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A manager is responsible for combining and coordinating the people, the technology, the job task and other resources to effectively achiev...
Sunday, December 11, 2016

MANAGEMENT SKILLS

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An effective manager needs skills to plan, control, organise, lead, and finally to take decisions. In each case, a manager must exercise a...
Tuesday, December 6, 2016

MANAGEMENT PROCESSES

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Four important management processes are planning, controlling, organizing and   leading. Decision making  is an integral part of managem...
Monday, December 5, 2016

MANAGEMENT SYSTEMS

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THE SYSTEMS CONCEPT Every practising manager knows from experience that whatever actions and decisions he takes, in any particular a...
Sunday, December 4, 2016

RESPONSIBILITIES OF PROFESSIONAL MANAGER

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A firm is a social institution. Its very existence is dependent upon its harmonious relationships with various segments of the society. ...

TASKS OF PROFESSIONAL MANAGER

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There is a lot of confusion over the much widely used terms-professional management and professional managers. Some researchers contend ...
Saturday, December 12, 2015

TECHNOLOGY FORECASTING

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Technological forecast is a prediction of the future characteristics of useful machines, 'products, processes, procedures or technique...
Sunday, December 6, 2015

INFORMATION TECHNOLOGY REVOLUTION

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Information Technology synthesises the convergence of previously distinct and separate technologies. As is clear from Figure-1 below, deve...

TECHNOLOGICAL CHANGE EFFECT ON PRODUCTION FUNCTION

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Technological change has been defined broadly as “the process by which economies change over time in respect of the products and services ...
Thursday, December 3, 2015

TECHNOLOGY DEVELOPMENT STRATEGIES

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For all the countries, the most practical strategy for technology development-is to ‘make some and buy some'. This gives the advantage...
Tuesday, December 1, 2015

APPROPRIATE TECHNOLOGY

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Technology is a product of an R&D centre outfit or establishment. However, different R&D centres produce different technologies fo...

TECHNOLOGY POLICY AND PLANNING

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TECHNOLOGY POLICY AND POLICY INSTRUMENTS The need for technology policy springs from an explicit commitment to a national goal and the...
Sunday, September 27, 2015

E-COMMERCE

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E-commerce is perhaps the most widely acclaimed buzzword, which gained popularity even aftermath of so-called dot com boom and diffusion. ...