What is the Nature of Human Resource Management? In this post we will discussed about the Nature and Scope of Human Resource Management in the short we will be discussed about in the first part Nature of HRM and in the second part we will discussed about Scope of HRM. In the previous post we…
Author: Nadeem Khan
What do you understand by Operations Management?
What do you understand by Operations Management? Operations Management has been a driving force in the improvement of business practice around the world. Operations Management lead the ways for the organizations to achieve its goals with minimum effort. Moreover, the study and application of management techniques in managing the affairs of the organization have…
What do you mean by Management Accounting and Difference Between Cost Accounting?
Management Accounting What do you mean by Management Accounting and Difference Between Cost Accounting? Meaning and Definition of Management Accounting Management Accounting the provision of financial data and advice to a company for use in the organization and development of its business. – Oxford Dictionary The Institute of Charted Accountants of England Any form of…
What are the Meanings of Accounting and Objective of Accounting?
Meaning of Accounting and Objective of Accounting What are the Meanings of Accounting and Objective of Accounting? Meaning of Accounting American institute of Certified Public Accountants (AICPA) which defines accounting as “the art of recording, classifying and summarizing in a significant manner and in terms of money, transactions and events, which are, in part…
What is the Modern Concept of Marketing?
Concept of Marketing What is the Modern Concept of Marketing? The Marketing concept was introduced to the awareness that marketing starts with the determination of what consumer wants and ends with the consumer satisfaction of those wants. The Modern Marketing concept put on the consumer at both the beginning what consumer wants and…
What are the Functions of a Finance Manager?
Functions of Finance Manager What are the Functions of a Finance Manager? Finance Manager type and role of Finance Manager A finance manager is a person who heads the department of Finance. He forms the various important activities in connection with management to help make financial decisions. His main focus is on the profitability of…
What do you mean by Scientific Management?
Scientific Management Contribution of F.W. Taylor in Scientific Management Frederick Winslow Taylor (1856-1915) will be ever remembered for his contribution to the management movement. Taylor developed the body of knowledge which is now called “Scientific Management” with the help of this Taylor developed the tools how to effective use of human beings for an organization….
What are the main accounting concept?
Accounting Concept Accounting Concept We discussed the important accounting concept which as follows: Business Entity Concept This is generally accepted that, as per this concept the business enterprises a separate entity from a person who own it. This concept is very useful in keeping business affairs or business transactions, the business is free from the effect…
Examine the significance of “Howthorne Studies” to the development of managerial thinking.
Examine the significance of “Howthorne Studies” to the development of managerial thinking. Human relation Era Human relation era also called behavioral school emerged because the scientific management principal introduce by classical thinkers i.e. F. W. Taylor, Henry Fayol, Frank and Lillion Gilbreth did not achieve sufficient production efficiency and industrial harmony at work place and…
Trends and challenges of Management in Global Scenario
As we have already discussed about the scientific management era on my previously post if you want to find out further details you may gone through by this link Contribution of F. W. Taylor in Scientific Management Era also we had discussion about that why Henri Fayol is considered as the Father of the Modern Management Theory…