Notes and Study material for Exams
Concept and meaning Decision making is the process of identifying and selecting a course of action to solve a specific problem. Decision making involves the selection of a course of action from among two or more possible alternatives in order to arrive at a solution for a given problem. Decision-making is an … Read more
COORDINATION “The Harmonization of activities of different work groups and departments.” Coordination is the orderly arrangement of individual and group efforts to provide unity of action in the pursuit of a common goal. All these departments must function in an integrated manner so that the organisational goal can be duly achieved. Thus, coordination … Read more
SKILL DEVELOPMENT Introduction India is passing through the phase of demographic transition which could be the biggest opportunity or the biggest concern of the country depending upon the utilization of its huge work force. India adds 12 million people to its workforce annually, but very few have any formal skill training. Today, less than four … Read more
The Youth Parliament: A Platform for Empowerment and Change The concept of a Youth Parliament, a body designed to give young people a voice in political decision-making, has gained traction globally in recent years. This article explores the evolution, structure, and impact of Youth Parliaments, examining their potential to empower young people and foster positive … Read more
Harnessing Technology for Governance: The Rise of E-Governance The 21st century has witnessed a profound transformation in the way we live, work, and interact with the world around us. This transformation is largely driven by the rapid advancement of technology, which has permeated every aspect of our lives, including the realm of governance. E-governance, the … Read more
Decentralization:Top down planning and bottom up planning Decentralised planning is a kind of percolation of planning activities or process from the Centre to the sub- state levels, i.e., district, sub-division, block and village level. Since the inception of First Plan, the importance of decentralised planning was emphasised in order to achieve active people’s participation in … Read more
Staffing refers to the managerial function of employing and developing human Resources for carrying out the various managerial and non-managerial activities in an organisation. This involves determining the manpower requirement, and the methods of recruiting, selecting, training and developing the people for various positions created in the organisation. Staffing function is an … Read more
RESPONSIBILITY ACCOUNTING Responsibility accounting is a management control system based on the principles of delegating and locating responsibility. The authority is delegated on responsibility centre and accounting for the responsibility centre. Responsibility accounting is a system under which managers are given decisions making authority and responsibility for each activity occurring within a … Read more
Time and distance Relationship between speed, distance and time Speed = Distance / Time or Distance = Speed × Time Average Speed = 2xy / x+y where x km/hr is a speed for certain distance and y km/hr is a speed at for same distance covered. As we know, Speed = Distance/ Time. … Read more
Marketing MANAGEMENT MARKETING MANAGEMENT is a social and managerial process by which individuals or firms obtain what they need or want through creating, offering, exchanging products of value with each others. CORE CONCEPTS OF MARKETING NEED/ WANT/ DEMAND: Need: It is state of deprivation of some basic satisfaction. … Read more