Management Articles

Benefits and Features of IndusInd Bank Credit Cards

Admin — Thu, 12 Oct 2023 12:02:13 +0000

Possessing a credit card is no longer deemed a luxury; rather, it has evolved into a lifestyle accessory. Beyond merely facilitating immediate credit for both minor and substantial expenditures, credit cards contribute to the establishment of a robust credit history. The range of cards offered by IndusInd Bank is extensive, aiming to cater to the ...

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OneCard Credit Card – Eligibility, Benefits, Charges

Admin — Fri, 30 Dec 2022 13:47:32 +0000

OneCard is an entry-level free metal credit card offered in partnership with a number of providers like SBM Bank, South Indian Bank, Federal Bank, IDFC FIRST Bank, BOB Financial and CSB Bank. This credit card has numerous features just like other cards but the characteristic that makes this card special is the material from which it ...

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What is strategy? Meaning and Definition

Admin — Fri, 04 Jun 2021 13:51:56 +0000

Strategy has been researched for a long time by business leaders and by business theorists. But, there is no definitive answer regarding what strategy is actually. Strategy can often be mistaken for tactics, goals and even actions. A strategy is the direction and scope of a business in the long run. It aids a business ...

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Advantages and Disadvantages of Management Accounting

Admin — Sat, 29 May 2021 13:54:16 +0000

Management accounting is related to preparing and presentation of accounting and controlling information in a format that helps management in the formulation of policies and in decision-making on different matters connected. It is by using the techniques of management accounting that the executives are provided the information which they require to achieve objectives for which ...

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Types of International Capital Flows

Admin — Thu, 18 Jul 2013 15:06:01 +0000

International Capital Flows usually means the inflow and outflow of capital from one country to another country. In this article, we have discussed about the different types of International Capital Flows like Foreign direct investment (FDI), Foreign portfolio investment (FPI), trade flows, invisibles, external assistance, external commercial borrowings and private loan flows.

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Key Management Functions

Admin — Thu, 11 Jul 2013 11:40:42 +0000

The entire process of management includes certain key management functions like planning, organizing, leading and controlling. Management is defined as a process which involves responsibility for economical and efficient planning & control of operations of an organization in the fulfillment of given objectives.

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Advantages of Accounting

Admin — Fri, 05 Jul 2013 09:08:41 +0000

There are many advantages of accounting and we will discuss that in this article. Accounting is viewed as the language of business, and therefore it offers several advantages to management. Accounting demands recording transactions and compiling them in reports. Correct accounting is essential for the success of a business.

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Features of Scientific Management

Admin — Wed, 03 Jul 2013 07:25:01 +0000

Scientific management attempts to have the maximum from methods, men, materials, machines and money. The main features of scientific management are: Minimize Wastage, Discards Traditional Management, Increases the Productivity of Employees, Importance to Specialization, etc.

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History of Management Thought

Admin — Tue, 02 Jul 2013 11:55:36 +0000

The history of management thought can be grouped into three basic approaches: classical approach to management theory, behavioural approach to management theory and management science approach. Management has grown in leaps and bounds from a virtually trivial subject in the past centuries, to one of the most essential topics.

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Competency based Human Resource Management

Admin — Mon, 01 Jul 2013 13:25:46 +0000

In today's world, competency based human resource management has turned into a vital area in HR. Competency-Based Human Resource Management specifies how you can remodel the human resource department with the purpose that job competencies - instead of job descriptions - function as foundation for all HR efforts.

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Competency Mapping Process

Admin — Mon, 01 Jul 2013 10:25:25 +0000

Competency mapping is a technique of evaluating the good and bad points of an employee or organization. Competency mapping is a process of finding out important competencies necessary to execute successfully a given job at a given point of time. Once the competency mapping process is completed, the map becomes an input for several other HR processes. This articles lists the steps in competency mapping process.

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Behavioral Approach to Management

Admin — Mon, 01 Jul 2013 07:25:16 +0000

The Behavioral approach to management advanced due to the fact that the managers found that following the ideas of the classical approach failed to attain total efficiency and workplace harmony. The behavioral approach to management featured what the classical advocates neglected - the human factor. The behavioral approach to management featured individual behavior & group processes, and accepted the significance of behavioral processes at work. The behavioral approach has been divided into 2 branches: the Human relations approach and the behavioral science approach.

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Objectives of Accounting

Admin — Fri, 28 Jun 2013 13:19:30 +0000

Accounting helps the management to achieve several objectives. This article discusses about the main objectives of accounting. Some important objectives are: to keep accounting records, ascertain the profit or loss, calculate the financial position, communicate the accounting information, prove credit worthiness, aid logical decision making, efficiently wtilize the resources

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Manufacturing Performance Dimensions: Quality, Delivery, Flexibility & Cost performance

Admin — Thu, 13 Jun 2013 13:58:32 +0000

It is actually extremely tough to determine manufacturing performance. Dimensions employed to measure manufacturing performance are quality, delivery, flexibility and cost performance. Quality Performance Quality is a multifaceted term and it can be looked at from various viewpoints like characteristics, serviceability, aesthetics, reliability, conformance, performance, durability and perceived quality. However for manufacturing the conformance dimension ...

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Marketing Definitions

Admin — Fri, 07 Jun 2013 07:30:26 +0000

Marketing is the process of communicating the worth of services or goods to consumers, with the intention of selling the product or service. Marketing is an approach to link what services and products you are offering with consumers who want and require such services and products. Marketing is an essential organizational function for gaining customers.

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