Difference between Recruitment and Selection

The organizing process can be done efficiently if the managers have certain guidelines so that they can take decisions and can act. To organize in an effective manner, the following principles of organization can be used by a manager. Principle of Specialization According to the principle, the whole work of a concern should be divided […]

Controlling as a management function involves following steps: Establishment of standards- Standards are the plans or the targets which have to be achieved in the course of business function. They can also be called as the criterions for judging the performance. Standards generally are classified into two- Measurable or tangible – Those standards which can […]

Organizing is the function of management which follows planning. It is a function in which the synchronization and combination of human, physical and financial resources takes place. All the three resources are important to get results. Therefore, organizational function helps in achievement of results which in fact is important for the functioning of a concern. […]

There are a few guidelines in form of principles which can be a help to the manager to process of delegation. The principles of delegation are as follows: – Principle of result excepted This principle suggests that every manager before delegating the powers to the subordinate should be able to clearly define the goals as […]

Internal Limitations There are several limitations of planning. Some of them are inherit in the process of planning like rigidity and other arise due to shortcoming of the techniques of planning and in the planners themselves. Rigidity Planning has tendency to make administration inflexible. Planning implies prior determination of policies, procedures and programmes and a […]