Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-social-login domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/bmsnewco/public_html/wp-includes/functions.php on line 6121

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the zombify domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/bmsnewco/public_html/wp-includes/functions.php on line 6121

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the boombox domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/bmsnewco/public_html/wp-includes/functions.php on line 6121

Warning: session_start(): Cannot start session when headers already sent in /home/bmsnewco/public_html/wp-content/themes/boombox/includes/rate-and-vote-restrictions/vote/class-boombox-vote-restriction.php on line 193

Warning: session_start(): Cannot start session when headers already sent in /home/bmsnewco/public_html/wp-content/plugins/zombify/includes/public/hooks.php on line 13
What Is The Meaning of Managerial Competency? – BMS | Bachelor of Management Studies Unofficial Portal

10 years ago 10 years ago

What Is The Meaning of Managerial Competency?

by Jinall Bms Classes 10 years ago10 years ago

451views

Managerial Competency:

The success of a venture depends to a great extent on the competence of management. A project which is considered technically feasible, economically viable & financially sound may run into difficulties, if it is not backed by sound & efficient management. If the management is incompetent, even a good project may fail. It is rightly pointed out that if the project is weak, it can be improved upon. But if the promoters are weak & lack in business acumen, it is difficult to reverse the situation. Therefore, it is natural that financial institutions very carefully appraise the managerial competency before sanctioning assistance for a project.