Objectives of human resource management are influenced by organisational objectives and individual and social goals. Objectives at various levels are interrelated. It implies that achievement of one objective may lead to achievement of another objective or set of objectives also. For example, human resource development leads to achievement of personal objectives as well as organizational objectives simultaneously. The objectives and [...]
Management by Objectives (MBO) is a dynamic system which seeks to integrate many key managerial activities in a systematic manner and is consciously directed toward the effective and efficient achievement of organizational and individual objectives. It is a demanding and rewarding style of managing a business with an effective planning tool to help the supervisor set objectives. Learn about:- 1. [...]
Everything you need to know about the objectives of cost accounting. Cost accounting is a recent development born in response to the needs of managerial personnel for detailed information about the cost of a product or unit of service. In the initial stages of its evolution, cost accounting confined itself to accumulation of historical costs and presentation of the same [...]