Archive | Management

Functions to Achieve Goals of an Organisation

This article throws light upon the five basic managerial functions required to achieve goals of an organisation. The basic managerial functions are: 1. Planning 2. Organising 3. Staffing 4. Directing 5. Controlling. Managerial Function # 1. Planning: Planning is a future course of action. It is the most basic function of management. Planning is deciding […]

Manager: Personal Traits, Levels and Skills

After reading this article you will learn about the meaning, personality traits, levels and managerial skills of manager. Meaning of Manager: The successfulness of management is depending on an effective, skilled Manager. It is, therefore, necessary to understand the term, “Manager”. Manager is an in-charge of the organization or an activity. He/she is one of […]

Management Audit: Concept and Scope

After reading this article you will learn about Management Audit:- 1. Management Audit Concept 2. Management Audit Scope. Management Audit Concept: Management audit may be defined as the systematic and dispassionate examination, analysis and appraisal of management’s overall performance. It takes into account both financial and non-financial factors including economic environment, their effect on the […]

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