Power and Authority – Meaning, Definitions, Types and Theories

Power and Authority   Power Meaning Term ‘power’ has been derived from Latin word potere which means ‘to be able.’ Power is more concerned with leadership than managership. It is a means to influence attitude and behaviour of followers. Leaders must acquire power and should use it with care to create, modify, and sustain positive […]

Interpersonal Behaviour- Transactional Behaviour

Interpersonal Behaviour Interpersonal behavior is the interaction between two or more persons. It is imperative to building and maintaining any type of relationship in our social world. However, when looking at interpersonal behavior in the workplace, things become a little more complicated. People spend a large portion of their time in an organisation interacting with […]

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. […]

Organizing – Concept of Organization and Organizing -Meaning, Definitions, Process and Theories

Concept of Organization and Organizing The Organizing Function of Management Organizing comes after the completion of the creative phase of planning through which managers are able to define what is to be done; now the question arises who will do it. Then it is also the responsibility of managers to define who will do what […]

Planning – Meaning, Nature, Features, Types, Process and Barriers

Planning Meaning, Nature, Features, Types, Process and Barriers   Planning Planning involves the determination of future course of action. It is a mental process requiring the use of intellectual faculties, foresight and sound judgement. It is one of the basic managerial functions. Definitions of Planning According to Koontz and 0′ Donnell “Planning is deciding in […]

Performance Appraisal – Meaning, Definitions, Features and Evolution

Performance Appraisal – Meaning, Definitions, Features and Evolution     Performance appraisal is the process of evaluating an employee’s performance of a job in terms of its requirements. It involves assessment of the actual performance of an employee against what is expected of him/her. Such assessment is the basis for awarding promotions, effecting transfers or […]

Performance Management – Meaning, Features, Need and Cycle

Performance Management Meaning, Features, Elements, Need and Cycle of Performance Management Meaning Performance management is the integration of performance appraisal systems with broader human resource systems as a means of aligning employees’ work behaviours with the organisation’s goals. Features of Performance Management that differentiates it from Performance Appraisal 1. Performance management never means just meeting […]

Kaizen

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 […]

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