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When the activities or jobs are grouped keeping in mind the functions or the job then it is called functional structure. For examples, all the jobs related to production department, related to sales in sales department, related to purchases in purchase department and so on. Within the departments also grouping is done on the basis [...]

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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 [...]

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Capital structure means the proportion of debt and equity used for financing the operations of business. In other words, capital structure represents the proportion of debt capital and equity capital in the structure. What kind of capital structure is best for a firm is very difficult to define. The capital structure should be such which [...]

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Motivation can be defined as stimulating, inspiring and including the employees to perform to their best capacity. Motivation is a psychological term which means it cannot be forced on employees. It comes automatically from inside the employees as it is the willingness to do the work.
Motive: A motion is an inner state or desire which [...]

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Decentralization is extension of delegation. In delegation we multiply the authority with two whereas in decentralization the authority is multiplied by many because systematic delegation talking place at every level will result in evenly distribution of authority and responsibility at every level and result in decentralization. If delegation is restricted to certain levels only then [...]

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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 employees in the organization start working only when they get instructions and directions form their superiors. In the directing functions the superiors direct the actions of employees towards the predetermined goals of the organization. If the directing function is executed successfully then it results in unity of direction and achievement of organization goals.
In the [...]

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 [...]

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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 [...]

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Marketing management means management of all the activities related to marketing or in other words we can say, it refers to planning, organizing, directing and controlling the activities which result in exchange of goods and services.
The main focus of marketing is on exchange of goods and services Philip Kotler defined marketing management as “the art [...]

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As we have already learnt that management does not refer to a single individual but it refers to a group of persons. In companies large number of persons are employed and placed at different paces to perform different managerial activities. To carry on these activities these employees are given necessary authority and responsibility.
This grant of [...]

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The Honda store is one. There, consumer looking for safe, reliable vehicles with little repair costs and news of troubles will find the Odyssey. It first position on our list of most long-lasting vehicles. The Honda Pilot, Civic, CRV [...]

Management is necessary for all the organizations of its size, mature and functions. The concept of management business is not restricted to business organization but even non-business organizations needs to manage its functions.
Management is a pervasive and accepted function. The traditional viewpoint of management is considered inappropriate in the present day environment where workers are [...]

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Thursday, Stock in Timminco soared on news that it will provide the world’s largest creator of solar cells with silicon solar grade. Timminco shares punch a new 52-week closed and high at $25.70 on the TSX, up $4.81 from Wednesday’s close.
Announced the Toronto-based company late Wednesday that it’s entirely owned subsidiary, Becancour Silicon Inc. (BSI), [...]

The world’s second-biggest exporter of the rice, Vietnam, said it would reduce exports by 22 percent this year, following alike moves by Egypt and India. Market analyst said the Vietnam administration wanted to stabilize home prices. International rice prices have ascended by 50 percent in the past 2 months raising supply apprehension across Asia.
Thailand is [...]

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Polaris Software Lab Ltd has announced that Polaris Retail Infotech Ltd (PRIL), a leading retail software provider and a wholly owned subsidiary of Polaris Software Lab Ltd, on March 26, 2008 announced the launch of Smart Store, a retail software product for small retail businesses. Smart Store is the first packaged retail software for the [...]

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The United State Justice Department permitted the merger between satellite radio companies XM and Sirius, more than a year after the 2 companies first declared their contract.
But for devotees of Howard Stern, Opie & Anthony and other XM and Sirius on the radio personalities, there are still a lot of queries about how much a [...]

Welcome to Somatropin.net, you know Synthetic Growth Hormone is called Somatropin. Human Growth Hormone or HGH is an abbreviation for Human Growth Hormone (Somatotropin) removed from pituitary human glands. Biosynthetic HGH, referred also to as recombinant GH, it is also called somatropin and shortened as RHGH.
The HGH is a pituitary released hormone, so it is [...]

A private sector enterprise is managed by its owners or their elected representatives. The management has to abide by the guidelines laid down by the owners.
However, there is enough scope for initiative and dynamism because policies can be modified or even discussed according to the requirements of the particular situation.
In case of public sector enterprises, [...]

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Private enterprises are motivated primarily by consideration of profit. There fore, these enterprises operate mainly in those areas of economic activities which offer a regular and steady return and capital investment.
On the other state enterprises are guided by several socio economic and political objectives. They cover a wide spectrum of operation with little regard for [...]

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