Purchase Management Meaning, Definition, Objectives, Types, Functions
Purchase management refers to the efficient, effective and economical purchasing of materials to be utilized by the organization for its manufacturing activities.
Total Quality Management TQM Meaning, Importance, Characteristics, Components
Total Quality Management (TOM) is a philosophy that gradually evolved from management theories such as Management by Objective, quality circles, strategic planning, etc.
Career Management in hrm Process, Models, Role
Career management combines structured planning and the active management of one’s professional career.
Amalgamation of Companies Objectives, Methods, Procedure, Types
Amalgamation of companies means merging two or more companies to eliminate competition among them or to grow in size to achieve economies of scale.
Cost Audit Functions, Objectives, Advantages, Limitations, Report
Cost audit is the verification of cost records and accounts and a check on the adherence to the prescribed cost accounting procedures and the continuing relevance of such procedures.
Capital Structure Importance, Factors, Features, Determinants, Factors
Capital structure, or financial structure, refers to the blend of various types of long-term sources of funds, namely debentures, bonds, loans from financial institutions…