Process of Controlling
February 12, 2025
The rise of the internet and mobile technology has fundamentally changed the way we live. All sectors of the economy have been greatly impacted by this internet boom. Real estate sector has been one of the laggards when it comes to this technological adoption. However, of late, proptech has become a buzzword in the startup […]
The vast majority of investors fail to perform well in the stock market because of behavioral and emotional reasons. The presence of financial knowledge or the lack of it does not make a huge difference. Instead, it is the behavioral biases that turn out to be the crucial deciding factor. Hence, it is imperative for […]
The costing module is one of the important controlling modules which enables effective internal cost control and accounting. All functionalities regarding cost analysis and cost allocations are provided by this module. The cost accounting module is highly integrated with budget and general ledger modules as well as draws input and provides output to various logistics […]
Technology all over the world has been advancing at a breakneck speed. Just a few decades earlier, radio was the dominant medium of transmission when it came to sports leagues. Then slowly, the transition from radio to television began. In the past few years, television has turned out to be the predominant medium of transmission […]
In the previous article, we have already studied what bank guarantees are and how these bank guarantees are provided by a commercial bank as a value-added service to their corporate customers. We are also aware of the various types of bank guarantees as well as their purposes. In this article, we will understand some of […]
The managerial function of staffing involves manning the organization structure through proper and effective selection, appraisal and development of the personnels to fill the roles assigned to the employers/workforce.
According to Theo Haimann, “Staffing pertains to recruitment, selection, development and compensation of subordinates.”
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