Welcome to Study Page!

A place for all your study material and notes.

14 General Principles of Management

May 24, 2019

Scientific management was primarily concerned with increasing the efficiency of individual workers at the shop floor. It did not give adequate attention to role of managers and their functions. However, around the same time Henry Fayol, director of ...

Read More...

Principles of Scientific Management

May 23, 2019

Fredric Winslow Taylor identified that the existing management practices were based on trial and error method. F.W. Taylor is known as father of Scientific Management. Scientific management means the application of scientific methods of study and analysis the ...

Read More...

Principles of Management

May 22, 2019

Principles are the basic truths generally stated in the form of cause effect relationship. Management principles are the broad guidelines for the managers for decision making. Concept Principles of management are derived on the basis of observation ...

Read More...

Functions of Management

May 21, 2019

In every organisation, the managers perform certain basic functions. These are broadly divided into six categories: Planning Organising Staffing Directing Coordinating Controlling 1. Planning Planning is deciding in advance what is to be ...

Read More...

Levels of Management

May 20, 2019

There are certain levels of management with varying degree of authority and responsibilities. Some managers decide about the objectives of the business as a whole; some managers perform functions to achieve these objectives in different departments, ...

Read More...

Nature of Management

May 19, 2019

1. Management as a Process Management consists of a series of inter-related activities of planning, organising and controlling. All activities are undertaken in a proper sequence with a systematic approach so as to ensure that all actions are directed ...

Read More...

Importance of Management

May 18, 2019

The existence and success of any organisation largely depends on the kind of management it has. No amount of quality resources is going to help unless they are put to productive use by efficient management. It is because of this reason that management ...

Read More...

Characteristics of Management

May 17, 2019

The various characteristics of management are: Management is Universal: It means that management is required for every type of organisation. It may be a business organisation or social or political. It may be a small firm or a large one. Management ...

Read More...

Meaning and Objectives of Management

May 16, 2019

Meaning of Management Consider a business enterprise, it may be an industry or it may be a trading concern. In both the cases, to start and run the business some amount of money is needed, some materials, few machines and some men are required, and ...

Read More...

Types of Small Business

May 15, 2019

In India, there are different types of small business. They may be categorised on the basis of investment in fixed capital in plant and machinery or on the basis of nature or place of operation. Following are some of the main types of small business: Small-scale ...

Read More...

Small Business

May 14, 2019

The size, capital investment, number of employees, volume of output as well as value of output are the general parameters of measuring a business enterprise. A small business is defined as a business which is actively managed by its owners, operating ...

Read More...

Avenues of Self-Employment

May 13, 2019

Before choosing a suitable career in self-employment you must have some idea about the avenues in which self-employment opportunities are available. The categorise of avenues of self-employment are: Trading Manufacturing Professionals Individualised ...

Read More...