Job Evaluation – Meaning, Definitions, Objectives, Process, Methods, Advantages and Limitations 

Job Evaluation Meaning, Definitions, Objectives, Process, Methods, Advantages and Limitations   Job evaluation is a systematic way of determining the value and worth of a job in relation to other jobs in an organization. It tries to make systematic comparison between jobs to assess their relative worth for the purpose of establishing a rational pay […]

Promotion, Transfer, Demotion

Promotion, Transfer, Demotion   Promotion Advancement within an organisation is ordinarily labeled as promotion which involves a change from one job to another that is better in terms of status and responsibility. Ordinarily, the change to the higher job is accompanied by increased pay and privileges, but not always. The term ‘dry promotion’ refers to […]

Authority and Delegation – Meaning, Definitions, Features, Sources (BBA/MBA Notes)

Authority Meaning, Definitions, Features, Sources and Delegation of Authority The Meaning The hierarchical structure of an organization is based upon the flow of authority. Lack of authority in a manager may create chaos in an organization. No manager can get the job done through his people unless he has the authority to secure compliance of […]

Organizational Structure and Design – BBA/MBA Notes

Organizational Structure and Design Meaning, Definitions and Types Meaning of Organizational Structure In a simple term, structure is the pattern in which various parts or compounds are interrelated or interconnected. Thus, organization structure is the pattern of relationships among various components or parts of the organization. This prescribes the relationships among various activities and positions. […]


Kaizen Kaizen is a system of continuous improvement in quality, technology, processes, company culture, productivity, safety and leadership. The concept of kaizen was born in Japan following World War II. The word Kaizen means  “ Continuous improvement’. It comes from a Japanese word (Kai), which means “change” or “to correct” and (zen) means “good”. In […]

Site Analysis/Location Analysis

Site Analysis/Location Analysis Location analysis is a dynamic process where organizations analyze and compare the appropriateness of alternative sites with the aim of selecting the best site. The need for the selection of the location may arise under any of the following conditions: 1. When the business in newly started Site selection is the basic […]

Plant Location/Facility Location

Plant Location/Facility Location Facility location is also called plant location. Plant location is the choice of region and the selection of a particular site for setting up a plant. Facility location is a critical strategic decision. Location activity has been very high in recent decades as a result of technology improvements, economic growth, international expansion […]

Impact of Information Technology on Production and Operation Management

Impact of Information Technology on Production and Operation Management In last few years, technology has changed the way organization conduct their business. Advent of technology in operation management has increased productivity of the organization. The scope of technology has evolved over a period of time and has moved from development of products into design, management […]

Labor Market

Labor Market A labour market is the place where workers and employees interact with each other. In the labour market, employers compete to hire the best, and the workers compete for the best satisfying job. In a labour market, services of human labour are bought and sold like other commodities. But there is a vast […]

Queuing Theory

Queuing Decision Theory Queuing theory was developed in the early 1900s by A.K. Erlang to study fluctuating demands in telephone traffic. After World War II, Erlang’s work was extended to general business applications, and today it is used extensively in both materials and customer processing operations. Features of Queuing System 1. Length of the Queue […]

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