New Product Meaning, Definition and Failures
Meaning, Definition and Failure of New Product Table of Contents:- New Product Meaning New products are goods and services that differ significantly in their features or intended uses from products…
Budget Meaning, Definition, Characteristics, Objectives
Meaning, Definition, Characteristics and Objectives of Budget Table of Contents:- Meaning of Budget A budget is a financial plan summarising the economic experience of the past, stating the current plan and projecting…
MANAGING BY OBJECTIVES Meaning, Definition, Features, Process of MBO
MANAGING BY OBJECTIVES Meaning, Definition, Features, Process of MBO Table of Contents:- Meaning of MBO It was Peter F. Drucker who first one who gave the concept of MBO to…
Advantages and Disadvantages of MBO
Advantages and Disadvantages of MBO Table of Contents:- Advantages of MBO 1) MBO Helps and Increases improve motivation: It is so because MBO relates overall goals to individual goals, and helps…
Methods, Steps, Importance of Decision Making
Methods, Steps and Importance of Decision Making Table of Contents:- Methods of Decision Making 1)Marginal Analysis: This technique is used in decision-making to figure out how much extra output will result…
Types of Decisions Taken by Managers and Organisations
Types of Decisions Though managers are constantly called upon to make decisions and all managerial decisions are essential in their own ways, some decisions have a limited scope while others…
Decision Making Meaning, Definition, Characteristics, Difference
Meaning, Definition, Characteristics, Difference of Decision Making Table of Contents:- Decision Making Meaning Decision making may be viewed as the process of selecting a course of action from among several…
Forecasting Meaning, Definition, Need, Process
Meaning, Definition, Need, Process of Forecasting Table of Contents:- Meaning of Forecasting Forecasting is the process of estimating the relevant events of the future, based on the analysis of their past…
Techniques of Forecasting
Techniques of Forecasting The various techniques of forecasting demand may be grouped under the following categories: Qualitative Techniques/Opinion Polling Method In this method, the opinion of the customers, sales force and experts…
Sources of Recruitment
Sources of Recruitment Table of Contents: Sources of recruitment are the means of selecting the candidates for the process of recruitment. Through the sources of recruitment, one gets to know…