pardeep – MBA Tutorials

Evolution of Management Thoughts

The approaches of management are theoretical frameworks which are used for studying management. Every approaches of management is based on somewhat different assumptions about human beings and the firm for which they work. The different approaches of management are Classical approach or Traditional approach Behavioural approach Quantitative approach Systems approach Contingency approach 1. Classical approach […]

Financial Management

Meaning of FM :- Financial Management means planning, organizing, controlling and directing the financial activities such as procurement and utilization of funds of the organization. It means applying common management principles to financial resources of the firm. Scope/Elements of Financial Management:- Investment decisions– includes investment in fixed assets which is called as capital budgeting. Investment […]

SEBI – Security Exchange Board of India

Securities and Exchange Board of India (SEBI) is a statutory regulatory body entrusted with the responsibility to regulate the Indian capital markets. It monitors and regulates the securities market and protects the interests of the investors by enforcing certain rules and regulations.  Securities and Exchange Board of India was founded on April 12, 1992, under […]

Human Resource Development

Human resource refers to the energies and talents of people that are available to an firm as potential contributors to the creation and realization of the organization vision, mission, goals and values. Development is a process of active learning from experience-leading to purposeful and systematic development of the whole person, spirit, body and mind. Thus, […]

Business Communication

The word “Communication” is originated from the Latin word “communis”, which means common. Thus, communication is sharing of ideas in common. The dictionary meaning of communication is to exchange or convey information and share ideas. Elements of Business Communication: There are 6 basic elements of Business Communication. They are:- 1. Message: This is the subject-matter which is passed or transmitted […]

Performance Appraisal

Performance Appraisal is the systematic evaluation of the performance of employees or workers to understand the abilities of a person for future growth and development. Performance Appraisal Objectives:- Objectives of performance appraisal are:- To maintain records in order to determine packages, compensation, salaries raises, wage structure, etc. To identify the weakness and strength of employees […]

Performance Management System

Performance Management is a continuous process of measuring, identifying and developing performance in firms by measuring each individual performance and objectives to the firm’s overall target and goals. Why Performance Management System is Implemented? Managing employee’s performance is the key objective of establishing systematic Performance Management system in an organization.These process servers’ six main purposes […]

Strategic Management

Strategic management is the ongoing monitoring, planning, analysis and assessment of all that is necessary for an firm to meet objectives and goals. Changes made in the business environment require firms to constantly assess their strategies for success. The strategic management process helps firms take stock of their present situation, chalk out strategies, deploy them […]