Principle of Management

Controlling in Management: Controlling is one of the important function of a manager. Controlling function of a manager is the most common function. Managers at all level of management – Top, middle and lower need to perform controlling function to keep control over activities in their areas.   In order to seek planned result from the …

Controlling in Management | Definition, Limitation and Importance of Controlling Read More »

Nowadays, in the global or domestic or digital market, there is cut-throat competition among various companies offering the same kind of services or products. Therefore, customer retention became a hard nut to crack. In this circumstance, customer relationship management (CRM) plays a vital role in sustaining and building the customer.    In this article, we …

Customer Relationship Management | Importance, Process and Objectives Read More »

Staffing in Management:     The foundation of any small or big organisation is talented and hard-working employees who are the main assets of any company. It is believed that an organisation can achieve its goal only when it has the right person in the right position. Therefore, Staffing in Management is one of the essential processes for establishing …

Staffing in Management Read More »

Delegation of Authority:   @image by Ahmed Ameen   “Delegation of Authority refers to the transfer of authority/ power to an immediate subordinates/ junior employee to reduce the workload of a manager in the organisation.” In other words, Delegation of Authority is a process through which a manager or superior employee allocates his own responsibility …

Delegation of Authority | Definition, Elements | Advantages Read More »

Importance of Planning     Planning is not only essential for business entities but also it is important for various stages of life such as education, career point of view, preparing for exams, starting a business, apply for a job etc. When it comes to business, Planning is the first and primary function of management. It is everywhere …

Importance of Planning | Why Planning is Important in Business? Read More »