The channels of communication are: 1. Formal Communication 2. Informal Communication. There are four forms of formal communication as it flows in three directions: 1. Downward Communication 2. Upward Communication 3. Horizontal Communication 4. Crosswise or Diagonal Communication The types of informal communication are: 1. The Grapevine 2. Rumors. Channels of Communication: Formal and Informal Communication Channels of Communication – [...]
The objectives of management can be studied under the following heads: 1. Organisational Objectives 2. Social Objectives 3. Personal Objectives. Some of the objectives of management are: 1. Survival 2. Profit 3. Growth 4. Quality Products 5. Optimum Utilisation of Resources 6. Discipline and Morale 7. Improving Performance 8. Innovation 9. Development of People 10. Minimise the Element of Risk [...]
The concept of ‘Management Information System’ which is being used here is somewhat different, than the 'information' as ‘present’ ‘collected’ ‘assembled’ and 'processed' in most of the private and public concerned. The various activities of the firm which involve collecting, processing, storing and reporting of information can usefully be considered as a system. Learn about: 1. Introduction to Management Information [...]