Managerial Communication helps in the smooth flow of information among managers working towards a common goal. The message has to be clear and well understood in effective communication. The team members should know what their manager or team leader intends to communicate. Effective managerial communica...
Marginal cost is an economics andmanagerial accountingconcept most often used among manufacturers as a means of isolating an optimum production level. Manufacturers often examine the cost of adding one more unit to their production schedules. At a certain level of production, the benefit of producing...
Personnel manager is the head of personnel department. He/She performs both managerial and operative functions of management. His role can be summarized as : Personnel manager provides assistance to top management- The top management are the people who decide and frame the primary policies of the ...
through a set of four distinct but ‘durationally indivisible’ temporal frames: validating identity and values, competence signalling, product/service differentiation, and market and industry visibility; these may operate in combination or serially account for the observed managerial preoccupation with BT...
Answer to: Briefly explain the meaning of diversification or free riding on information and how they relate market efficiency or failure in the...
Unemployment affects the economy adversely as the productivity falls below the normal level. When there is high rate of unemployment in the country, government has to suffer extra borrowing burden due to decrease in the production and less consumption of goods and services by the people. Not only...
Production is an act by which the raw materials are processed in such a way that it leads to their value addition. It includes usage of place, machinery, people and acumen. The output generated through it is a contributor in aggregate output of the nation....
Planning: It is determining in prior to what to do and how to do. It is one of the main managerial duties. Stay tuned to BYJU'S to learn more.
In the face of numerous complex challenges at the ecological, economic, and social levels, Social Entrepreneurship Organizations (SEOs) offer an approach t
For example – BBA, BMS. BBA full form is Bachelor of Business Administration; BMS full form is Bachelor of Management Studies; IPM full form of IIM Indore is Integrated Program in Management; BA (H) BE Full Form is BA (Hon) in Business Economics and some other names. ...