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Sonu Chand 4 years, 4 months ago
Gaurav Seth 4 years, 4 months ago
1. Management According to Marrie and Douglas.
“Management is the process by which a co-operative group directs actions of others toward common goals.”
Management is defined as the process of planning, organising and controlling an organisation’s operations in order to achieve the target efficiently and effectively. It is essential for all organisations.
Posted by Saysha Batra 4 years, 4 months ago
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Meghna Thapar 4 years ago
With the help of self-motivation and leadership techniques, management helps individuals to develop spirit of cooperation, commitment and team spirit etc. that help them to achieve their personal goals as well.
Must-dos to manage day-to-day employee performance
- Set clear expectations. Start this discussion as early as during your recruitment interviews. ...
- Try performance coaching. ...
- Empower employees. ...
- Get valuable feedback. ...
- Set goals. ...
- Measure performance. ...
- Adapt and adjust. ...
- Gather improvement suggestions.
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Sonu Chand 4 years, 4 months ago
Meghna Thapar 4 years, 5 months ago
Management is described as the process of planning, organising, directing and controlling the efforts of organisational members and of using organisational resources to achieve specific goals. Planning is the function of determining in advance what is to be done and who is to do it. There are four functions of management that span across all industries. They include: planning, organizing, leading, and controlling. Good managers discover how to master five basic functions: planning, organizing, staffing, leading, and controlling. Planning: This step involves mapping out exactly how to achieve a particular goal.
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Yogita Ingle 4 years, 5 months ago
Selection is the process of identifying and choosing the best person out of a number of prospective candidates for a job.
A well organised selection process of personnel involves the following steps:
(i) Preliminary screening It helps the manager to eliminate unqualified or unfit job seekers, based on the information supplied in the application forms.
(ii) Selection otests An employment test is a mechanism (either a paper and pencil test or an exercise) that attempts to measure certain characteristics of individuals. These characteristics range from aptitudes, such as manual dexterity, to intelligence, to personality, etc.
(iii) Employment interview Interview is a formal, in-depth conversation, conducted to evaluate the applicant’s suitability for the job, Through an interview, an interviewer seeks to obtain maximum information about the interviewee and the interviewee seeks information about the job and the company.
(iv) Reference and background checks Many employers request names, addresses and telephone numbers of references for the purpose of verifying information and gaining additional information of an applicant.
(v) Selection decision The final decision has to be made from among the candidates, who pass the tests,interviews and reference checks.
(vi) Medical examination After the selection decision and before the job offer, the candidate is required to undergo a medical fitness test. The job offer is given to the candidate, who is physically and mentally fit for the job.
(vii) Job offer The next step in the selection process is issuing job offer to those applicants, who have passed all the previous hurdles. It is made through a letter of appointment to confirm his acceptance, and communicating to him the reporting date and time.
(viii) Contract of employment When a candidate accepts the job offer, the contract of employment is made, which 'is in a written form and includes job title, duties, responsibilities, date when continuous employment starts and the basis for calculating service, rates of pay, allowances, hours of work, leave rules, sickness, grievance procedure, etc.
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Sia ? 3 years, 6 months ago
For Example Rohan is a director and his relative or from family holds 1000 share of this company @ 20 each (total share is Rs 20000). And being a director he has the crucial information about the company related to price and he came to now that in future price of share is going to fall and will be @10 each. Therefore he recommended this information to his relative to sell those shares today and they gained Rs 10000, which would have been lost tomorrow.
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Kashish Agrawal 4 years, 4 months ago
0Thank You