What is Personnel Manual?
Personnel Manual : Every organisation has its well prepared personnel policies. Such polices deal with different aspects such as employee benefit, employee benefit, employee relations,...
Key Concepts
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What is Pink Slip?
Pink Slip : It is an American term that refers to being fired or laid from one’s job. This means person is removed from his...
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What is Job Evaluation?
Job Evaluation : Job evaluation is the process of analyzing and assessing the various jobs systematically in order to ascertain their relative worth in...
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What is Law?
Law may be defined as the rules of conduct recognised and enforced by the state to control and regulate the conduct of people, to protect...
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What is Vestibule training?
Concept – Vestibule training Under this method, the new employees are trained in a separate training centre within the plant itself. Machines and tools are...
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What is Trade Union?
Trade Union : According to Edwin. B. Flippo, ” A labour union or trade union is an organisation of workers formed to promote, protect...
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Totally Kickass Study Guide For Quantitative Methods in Business – I (QMB-I) Exam
Introduction: Quantitative Methods in Business also known as Business Statistics is a source of relief for all lovers of practical subjects. Along with Financial Accountancy...
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Management Stuff You Should Know Before You Graduate
Dear BMSites, Hope you enjoyed reading the 10 Management Concepts of the Day 2 and we are sure it helped you. This section is updated...
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What is Jobber?
Concept – Jobber Jobber is a member of a stock exchange. He is a person who deals on his own account and has no direct...
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What is Application Blank?
Application Blank : Application blank is most commonly used to collect information from the applicants. The information sought and information provided will facilitate the...
