Work measurement can be defined as the systematic determination, through various techniques, of the amount of adequate physical and mental work in terms of work units in a specified task. The work units are usually given in standard minutes or standard hours.
Material management is defined as a function that integrates purchasing, storage, inventory control, materials handling, and standardization, among other activities, in an organization to reduce costs.
Industry analysis is helpful for investors to allocate funds to different sectors, considering future potential and current valuation.
The article highlights the meaning of investment and speculation while exploring the differences between investment and speculation.
Stock Exchange serves as an organized marketplace for the buying and selling industrial and financial securities. This venue provides a convenient space where trading in securities occurs systematically, following specific rules and regulations.
Sales Management is concerned with the development of the sales staff, managing sales-related operations, and implementation of sales techniques such that sales targets of the business are accomplished effectively.