Managerial levels | Principles Of Management

Levels of Management,Managerial levels,Managerial Hierarchy: Many managers work in an organisation. However, these managers do not work at the same level. They work and operate at different positions. Hierarchy of these managerial positions is called Levels of Management. 1)Top Level of Management The Top Level Management consists of the Board of Directors (BOD) and the […]

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Emerging management issues and challenges

Emerging management issues and challenges: Globalization: Globalization phenomenon is getting popular these days. Globalization of business refers to the free flow of goods service, technology, labor, capital information, across the national boundary; it is closer economic integration among different countries in terms of flow of good service, capital labor and technology. Globalization is the tendency of […]

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Managerial roles | Principles Of Management

Managerial Roles: There are many roles a manager has within an organization. Henry Mintzberg describes ten specific managerial roles most commonly seen within organizations. This lesson will discuss each of these roles and what behaviors are associated with them.   Henry Mintzberg’s Managerial Roles There are many roles a manager has within an organization. Performing […]

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Functions of Management | Principles Of Management

Management Management is the process of reaching organizational goals by working with and through people and other organizational resources. Management has the following 3 characteristics: It is a process or series of continuing and related activities. It involves and concentrates on reaching organizational goals. It reaches these goals by working with and through people and […]

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Henry Fayol’s Fourteen principles of Mananagement

Henry Fayol’s fourteen universal principles of Mananagement Henri Fayol  was a French mining engineer, mining executive,an author and director of mines who developed a general theory of business administration that is often called Fayolism. He and his colleagues developed this theory independently of scientific management but roughly contemporaneously. Like his contemporary, Frederick Winslow Taylor, he is […]

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