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Tag Archives | Management

Channels of Communication

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 […]

Business Environment

We live in a dynamic environment that changes all the time. Businesses must understand the changes in the environment and how these changes affect their performance. The process of thinking strategically requires that managers understand how the structure and competitive dynamics of their industry affect the performance and profitability of their companies. Armed with an […]

Public Sector Enterprises or Undertakings in India

The government has a major role to play in the formation of the public sector. However, the government acts through its people. These public enterprises are owned by the public and are accountable to the public through the Parliament. Departmental undertaking is the oldest and traditional form of organising public sector enterprises. A departmental undertaking […]

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