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 [...]
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 [...]
A business (or firm) is an enterprise that provides products or services desired by customers. Along with the large, well-known businesses such as - The Coca-Cola Company and IBM, there are many thousands small businesses that provide employment opportunities and produce products or services that satisfy customers. Business refers to the economic activities concerned with the production and exchange of [...]