Process of Coordination
Co-ordination cannot be achieved through orders. It is a process which can be achieved through managerial functions. It is a by-product of good management. When...
Principles of Management
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What is Principle of Unity of Objectives?
Principle of Unity of Objectives: The Principle of unity of objectives implies that / every part of the organization and the organization as a whole...
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The Amazing Study Guide, Tips & Tricks To Excel In Principles Of Management (POM) Exam
FAQ 1. What is POM? Principles of Management are guidelines for the decisions and actions of managers. They were derived through observation and analysis of...
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Management Concepts Simplified
“Never tell people how to do things. Tell them what to do and they will surprise you with their ingenuity” ...
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Management By Exception
It is a system of identification and communication that signals the manager when his attention is needed: conversely, it remains silent when his attention is...
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Motivation and Satisfaction
Motivation refers to the drive and effort to satisfy a want or goal. Satisfaction refers to the contentment experiences when a want is satisfied. In...
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Types of Plans
The principle of efficiency of plans states “The efficiency of a plan is measured by the amount it contributes to purpose and objectives as offset...
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Motivation – drive for goal-oriented action
Motivation is the need or drive within an individual that drives him or her towards goal-oriented action. The extent of drive depends on the perceived...
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Disadvantages of Bureaucracy
The negative sides of bureaucracy are:- Rigidity:- Its critics claim that it is rigid, static and inflexible. In the name of rules, people may even...
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Advantages of Bureaucracy
Important advantages of bureaucracy are :- Specialization:- It offers a valid basis of dividing work. Whole organization id divided into different functional departments. Rationality:- It...
