Shini Art

In India large number if consumers are living below poverty line and large number are illiterate and unaware of their rights sp consumer protection movement cannot be the same as followed by developed countries. In India it has to be a social movement wherein people of all walks of life have to play their role. [...]

These are the techniques which were commonly used by various companies. Although in present environment these have become outdated but still many companies are using these: personal observation, statistical reports, break even analysis, and budgetary control.
Personal observations: this is the most traditional and most popular method of control. Under this manager observe the subordinators while [...]

Market condition: there are two main conditions of market i.e., boom condition and recession or depression condition. There conditions affect the capital structure specially when company is planning to raise additional capital. Depending upon the market condition the investors may be more careful in their dealings.
During depression period in the market business is slow and [...]

Control system loses its effectiveness when standard of performance can not be defined in quantitative terms and it is very difficult to set quantitative standard for human behavior, efficiency level, job satisfaction, employee’s morale. I such cases judgment depends upon the discretion of manager. An enterprise can not control the external factors such as government [...]

The success or failure of production and distribution function of business depends upon the financial decisions as right decision ensures smooth flow of finance and smooth operation of production and distribution. It provides a detailed plan of action for reducing uncertainly and for the proper direction of individual and group efforts. Financial planning attempts to [...]

Management helps in achieving group goal: management tries to integrate the objectives of individuals along with organizational goal. Management directs the efforts of all the individuals in the common direction of achieving organization goal.
Management brings harmony in work: in an organization employee come from different backgrounds, they have different attitudes and different style of working [...]

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It is a control technique which provides information and support for effective managerial decision-making. Right decision can be taken at right time only when managers receive accurate and timely information.
MIS provides the required information to managers on time and systematically. MIS is a communication tool for managers.
By getting information on time managers can take timely [...]

Internet marketing is the most popular form of marketing. It is also known as online marketing or e-marketing. Internet marketing has several unique such as low marketing costs and rich result. Both aspects of internet creative and technical use in internet marketing.  Internet marketing has various types like search engine marketing, e-mail marketing, interactive advertising, [...]

Discipline refers to general rules regulations for systematic working in an organization. Fayol insists that discipline is required at superior as well as subordinate level. The disciplinary rules shall not be applicable only on subordinates but discipline requires good superior at every level, clear and fair agreement between superior and subordinates.
The employees must honor their [...]

Planning off-sets uncertainties: organizations have to face many uncertainties and unexpected situations every day. Planning helps the manager to face the uncertainty because planners try to foresee the future by making some assumptions regarding future keeping in mind their past experiences and scanning of business environments. The plans are made to overcome such uncertainties. The [...]

After setting up of objectives the managers make a list of alternatives through which the organization can achieve its objectives as there can be many ways to achieve the objective and managers must know all the ways to reach the objectives. After making the list of various alternatives along with assumptions supporting them, the manager [...]

Planning starts with the determination of objectives. We cannot think of planning in absence of objective. After setting up of the objectives, planning decides the methods, procedures and steps to be taken for achievement of set objectives. Planners also help and bring changes in the plan of thongs are not moving in the direction of [...]

The firm must estimate its working capital very accurately because excessive working capital result in unnecessary accumulation of inventory and wastage of capital whereas shortage of working capital affect the smooth flow of operating cycle and business fails to meet its commitment. So finance manager must keep in mind following factors before estimating the amount [...]

Marketing plays a very important role for profit as well as non-profit making organization. Mon-profit earning organization achieves their objectives through marketing. Various promotional tools are used to make polio drop project popular. Role of marketing in different situations can be explained in following way.
Modern concept of marketing plays a significant role in achieving objectives [...]

You know in this time lots of loans provider companies in the market and they present attractive offers for finance and loans. But problem is customers are not completely satisfied their offers and searching for the top finance provider companies. So don’t worry because the problem solution is here Ezunsecured.com would be the most excellent [...]

Some companies believe that it is easy to sell the productions when products are inexpensive and are easily available. So the firms following production concept focus on lowering the cost of production by means of mass production and distribution but the drawback of this concept is that customers don’t always buy products which are inexpensive [...]