Types of Decisions Taken by Managers and Organisations
In the realm of decision making, various types of decisions exist. These decisions can be classified into different categories based on their nature and impact.
Decision Making Meaning, Definition, Characteristics and Difference
Decision making takes place in adopting the objectives and choosing the means and again when a change in the situation creates a necessity for adjustments
Forecasting Meaning, Definition, Need, Process
Forecasting is the process of estimating the relevant events of the future, based on the analysis of their past and present behaviour. The future cannot be probed unless one knows how the events occurred in the past and how are they occurring presently.
Internal and External Sources of Recruitment
Sources of recruitment are the means of selecting the candidates for the process of recruitment. Through the sources of recruitment, one gets to know about the availability of several suitable candidates.
Types of Plans with examples
In the field of business and management, various types of plans are employed to guide organizations towards their goals and objectives. These plans serve as roadmaps for different levels of management, providing a clear direction and framework for decision making.