Corporate Planning may be defined as the process of deciding long term goals and objectives within the ambit of organisation's strength and weaknesses in the existing and prospective environmental setting to ensure their achievement either by integrating the short term and long term plans or by adopting such measures which may bring even structural changes in the composition of the [...]
Recruitment is the process by which a large number of prospective candidates are attracted by various methods to apply for the positions available. According to Edwin B. Flippo, recruitment is the process of searching for prospective employees and stimulating them to apply for jobs in the organisation. The objective of recruitment is to attract a large number of potential candidates [...]
The management process will be incomplete and become useless without the control function. Control is a tool that helps an organization measures and compares its actual progress with the established plan. Thus, control ensures what is done is what is intended. It is to be exercised by everyone in the organization, from top level to bottom level. 'Controlling is the [...]