Nature of Motivation, Meaning, Definition, Types
Motivation may be defined as the complex process of stimulating a person to achieve desired goals and to perform actions by using his maximum capabilities for the achievement of certain objectives.
2021
Limitations of Management Accounting
Limitations of Management accounting is concerned with the presentation of accounting information to the management in such a way as to assist them in their managerial functions of decision-making, planning and control. Management accounting was developed because of management’s demand for information on past and present-day modern operations for foretelling coming trends.
Delegation of Authority Meaning, Definition, Need
Delegation of authority means giving authority to another person, to perform a particular task. Delegation is a process of sharing work and authority between a manager and subordinates.
Theories of Learning, Importance and Managerial Implication
Many theories have evolved to describe the different aspects of learning. These theories of learning are as follows:
What is Cost Management? Meaning, Scope and Objectives
Cost management is the process that involves planning, controlling, initiating and making decisions that improve the cost leadership of an organization.
Techniques of Cost Control meaning, features, steps, advantages
Techniques of cost control are essential for businesses to maintain financial stability and achieve long-term success. By implementing techniques such as budgeting, optimizing procurement processes, efficient energy management, standard costing, effective labour management, and leveraging technology, organizations can effectively manage costs and improve their overall financial performance.