What is Strategic Management? Strategic Management is the continuous process of creating, implementing and evaluating decisions that enable an organization to achieve its objectives. It is a set of managerial decisions that determine the long term performance of a business enterprise. Strategic Management Definitions: James M. Higgins defines as “Strategic management is the process of managing the pursuit of […]
What is Organizational Behavior
What is Organizational Behavior Organizational behavior is the study and application of knowledge about how people, individuals, and groups act in organizations. Another Definition of Organizational Behavior : Is the study of both group and individual performance and activity within an organization. Internal and external […]
What is Human Resource Management
Human Resource Management Human: refer to the skilled workforce in the organization. Resource: refer to limited availability or scarce. Management: refer to maximize or proper utilization and make best use of limited and a scarce resource. what is Human Resource Management (HRM) : Is the function within an organization that focuses on recruitment […]
Define and Explain What is Management ?
What is Management ? Management means getting things through other peoples, it is an actively which converts disorganized human and physical resources into useful and effective results. It also refers to all human activities which are related to making arrangement for achieving a certain objective in cooperation with a number of individuals who work in […]
Financial Statement Aanlysis | Financial Management Notes
FINANCIAL STATEMENT ANALYSIS: Understanding the financial statements of a firm is critical since it is often the only source of information with which we must make investment decisions; i.e., whether or not to loan the company money or invest some equity. There is a rationale behind the construction of the […]