Auditing

 AUDITING   Auditing is the on-site verification activity, such as inspection or examination, of a process or quality system, to ensure compliance to requirements. An audit can apply to an entire organization or might be specific to a function, process, or production step.    Meaning of Auditing:   Auditing is an examination … Read more

MGMT PLANNING

 FUNCTIONS OF MANAGEMENT   PLANNING Planning is a process of determination of organization’s objectives and selecting the courses of actions. i.e. Plans for attaining them. Planning is the primary or basic management function.   Planning Process                                 Types/Dimensions … Read more

Administration and management: Meaning, nature and significance

Administration and management: Meaning, nature and significance The English word ‗administer‘ is derived from a combination of two Latin words and ‗ministrate‘ meaning ‗to serve or manage‘. Literally, the term means management the affairs of public or private. Administration refers to mobilisation of Resources – human and material- to achieve pre-set of objectives. Administration is … Read more

Organizations & Their Survey/Reports

Organizations & Their Survey/Reports 1. World Economic & Social Survey U. N 2. World Investment Report UNCTAD 3. Global Competitiveness Report World Economic Forum 4. World Economic Outlook IMF 5. Business Competitive Index World Economic Forum 6. Green Index World Bank 7. Business Confidence Index NCAER 8. POVERTY Ratio Planning Commission 9. Economic Survey Ministry … Read more

Types of Planning

Here is a list of types of planning without any description: Strategic planning Operational planning Tactical planning Functional planning Project planning Business planning Marketing planning Financial planning Human resources planning Production planning Supply chain planning Inventory planning Quality planning Risk management planning Crisis management planning Disaster recovery planning Continuity planning Environmental planning Social planning Economic … Read more

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