10 Significant Concepts In Management Everyone Should Know


0
52 comments

management

Advertisement

Management is all about organizing, planning, controlling, and directing the activities of a business in order to achieve defined objectives. Making an organization successful requires, above all, clear thinking. There are dozens of management concepts out of which we have selected today 10 basic concept that will be helpful for management beginners to understand in easy and simple language. If you have missed out to check day 7 management concepts, you can read it here.

Here we present 10 Significant Concepts In Management Everyone Should Know:

  1. Foreman – person in charge of production (generally chosen on experience)
  2. Fructify – bear results
  3. Functional authority – authority restricted to particular function
  4. Gauges – measuring tools
  5. General management – management devoid of any specialization
  6. Globalization – thinking world as one and removing barriers within nations in free flow of business
  7. Goals – achievable targets (more useful for practical implementation)
  8. Greenfield – new, remaining fresh
  9. Groupware – software that can be used interactively by a group
  10. Guarantee – to serve goods sold for a fixed period
Advertisement
The following two tabs change content below.
We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]

Like it? Share with your friends!

0
52 comments
BMS Team

We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]

52 Comments

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube and Vimeo Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format