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  • 2 answers

Lunatic .. 4 years, 11 months ago

Management means managing things and it is a process of doing task effectively and efficiently to achieve organisational goals. Function: planning, organising, staffing, directing, controlling

Yogita Ingle 4 years, 11 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.
Function of management:

  1. Planning: Planning is the very first functions of management. Management helps in deciding the way ahead for any organisation. It involves deeply analysing the market trends and accordingly making moves and plans. Basically, it means setting goals and developing a method to achieve them efficiently.
  2. Organising: Once a plan is laid out, it’s proper implementation lies somewhat in the next functions of management. This function helps in establishing authorities, dividing workloads, assigning responsibilities, grouping tasks and allocating resources.
  3. Staffing: This simply means finding and building the appropriate staff. Until and unless the right people aren’t employed the correct completion of tasks will remain a distant dream. Hence this management function ensures that suitable staff is available when needed by the organisation for completion of tasks. Also known as human resource function, it involves recruitment, placement, selection and training.
  4. Directing: This functions of management involve guiding the team towards the right direction by leading. motivating and encouraging them. Working in a positive environment of motivation and encouragement brings out the best in people. Hence a good manager makes sure to encourage or criticise his/her subordinates at suitable times to maintain an atmosphere of willingness to work.
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Yogita Ingle 4 years, 11 months ago

Trading procedure :

  1. Selection of a Broker: The first step is to select a broker, who will buy/sell securities on behalf of the speculator/investor. This is necessary because trading of securities can only be done through SEBI registered brokers, who are members of stock exchange. Brokers may be individuals, partnership firms and corporate bodies.
  2. Opening Demat Account with Depository: The next step is to open a demat account. Demat (Dematerialised) account refers to an account which an Indian citizen must open with the depository participant (banks and stock brokers) to trade in listed securities in "electronic form.
    The securities are held in the electronic form by a depository. ‘Depository’ is an institution/organisation which holds securities (e.g. shares, debentures, bonds, mutual funds, etc) in electronic form, in which trading is done.
  3. Placing the Order: The next step is to place the order with the broker. The order can be communicated to the broker either personally or through telephone, cell phone, e-mail, etc.
    The instructions should specify the securities to be bought or sold and the price range within which the order is to be executed. Only the securities of listed companies can be traded on the stock exchange.
  4. Executing the Order: According to the instructions of the investor, the broker buys or sells securities. The broker, then issues a contract note. A copy of the contract note contains the name and the price of securities, names of the parties, brokerage charges, etc. It is duly signed by the broker.
  5. Settlement: This is the last stage in the trading of securities done by the brokers on behalf of their clients. The mode of settlement depends upon the nature of the contract. Equity spot markets follow a T + 2 rolling settlement. This means that any trade taking place on Monday gets settled by Wednesday. Stock, exchange operates from Monday to Friday between 9:55am and 3:30pm. Each exchange has its own clearing house, which assumes all settlement risk
  • 3 answers

Saurabh Yadav 4 years, 11 months ago

Decentralisation refers to systemetic effort to delegate to the lowest level all authority except that which can be exercised at central points

Yogita Ingle 4 years, 11 months ago

Decentralization means delegation of authority at every level. It is the even and systematic distribution of decision making authority to the lowest level of management. Under decentralization every employee working at different levels gets some share in the authority. Decentralization is a policy matter and managers plan in advance whether to go for centralized or decentralized policy.

Aman Siwach 4 years, 11 months ago

Book me pdle ????????
  • 1 answers

Gaurav Seth 4 years, 11 months ago

Placement agencies and management consultant  :

These agencies provide nation-wide service of matching demand and supply of work force and invite the bio-data and record from various job seekers and send them to suitable clients. These agencies charge fees for providing such service.

  • 2 answers

Nishu Sharma 4 years, 11 months ago

Similarities of Taylor and Fayol

Vishal Parjapat 4 years, 11 months ago

There are 14 principal of management which were describe by Henry fayol
  • 5 answers

Saurabh Yadav 4 years, 11 months ago

True

Rushita ....... 4 years, 11 months ago

Yes

Samar Gagneja Panjabi Boy Samar 4 years, 11 months ago

Because the worker work according to the plan so they don't use his /her mind so planning reduces creativity

Samar Gagneja Panjabi Boy Samar 4 years, 11 months ago

True

अर्जुन जी 4 years, 11 months ago

True
  • 1 answers

Komal Poddar? 4 years, 11 months ago

Bcz subsidy is given by govt. N it is giving subsidy to only a particular industry n not to all the industry
  • 1 answers

Abc Xyz 4 years, 11 months ago

Importance of directing :- 1. Directing initiates action. 2. Directing integrates employes efforts. 3. Directing guides employes 4. Directing facilates inducement to change 5. Directing creates stability and balance
  • 1 answers

Mehak Kaur 4 years, 11 months ago

Objective - every organisation have some objectives or goals to achieve. Objectives are the means to make profits and increase the growth of the business.
  • 4 answers

Deepak Pandey 4 years, 11 months ago

No

Niya Sharma 4 years, 11 months ago

no it has been eliminated

Komal Poddar? 4 years, 11 months ago

No

Akash Bag 4 years, 11 months ago

Three economic objective of management
  • 2 answers

Deepak Pandey 4 years, 11 months ago

Not in the syllabus

Komal Poddar? 4 years, 11 months ago

It is informal communication where no chain system for cmmunaition is followed
  • 2 answers

Vivek Dutt?? 4 years, 11 months ago

Sabse best h consumer protection chapter To make it as a project it is very simple

Maanvi Chouhan? 4 years, 11 months ago

Marketing Management, stock exchange, principle of management, consumer protection acts and rights
  • 3 answers

Balram Kumar 4 years, 11 months ago

Macroeconomics comes from greek word makros which means large.in context of macroeconomics large means economy as whole.

Abhishek Sharma 4 years, 11 months ago

Macroeconomics is the study of economic relationship economic problem economic issues at the level of economy as a whole like problem of inflation or of unemployment

Yogita Ingle 4 years, 11 months ago

Macroeconomics is the branch of economics that deals with the behavior and performance of an economy as a whole.

It is generally the study of central issues like

  • Employment
  • The growth rate of National output
  • GDP
  • Inflation
  • General Price level and stability
  • 1 answers

Yogita Ingle 4 years, 11 months ago

Investment decision relates to decisions about how the firm‘s funds are invested in different assets that is, different investment proposals

Has two components:

• Working Capital Decisions – Short Term investment decisions.

• Capital Budgeting decisions – Long Term investment decisions

Factors affecting Investment Decisions/Capital Budgeting decisions

1. Cash flows of the project: The series of cash receipts and payments over the life of an investment proposal should be considered and analyzed for selecting the best proposal.

2. Rate of Return: The expected returns from each proposal and risk involved in them should be taken into account to select the best proposal.

3. Investment Criteria Involved: The various investment proposals are evaluated on the basis of capital budgeting techniques. These involve calculation regarding investment amount, interest rate, cash flows, rate of return etc.

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  • 2 answers

Mehak Kaur 4 years, 11 months ago

Why it is political environment?

Komal Poddar? 4 years, 11 months ago

(B) Political environment
  • 0 answers
  • 1 answers

Bhawna Kuntal 4 years, 11 months ago

Only consist those items which involve flow of cash either inflow or outflow
  • 1 answers

Neha Sharma 4 years, 11 months ago

Meaning: Directing means giving instructions, guiding, counseling, motivating and leading the staff in an organization in doing work to achieve Organizational goals. Directing is a key managerial function to be performed by the manager along with planning, organizing, staffing and controlling. From top executive to supervisor performs the function of directing and it takes place accordingly wherever superior – subordinate relations exist.Directing is a continuous process initiated at top level and flows to the bottom through organizational hierarchy. Feature: Features Of Directing Some of the notable features of directing can be studied as follows: 1. Directing Is A Management Function Directing is a key function of management. Direction brings plan into action by motivating subordinates for higher productivity. So, it is a tool of management to achieve organizational goals and objectives. 2. Directing Is A Linking Function Directing bridges the gap between standard and actual performance of the employees. It also links managers and lower level subordinates in the organization. 3. Directing Is A Continuous Activity Directing is a continuous function of an organization. The superiors need to give direction to the subordinates regularly to meet desired result. Direction process goes continuously throughout the life of any organization. 4. Directing Is a Pervasive Function Managers of all levels (i.e top level management, middle level management, and lower level management) practice direction function. Therefore, it exists at every level of management. So, it is called pervasive function of management. 5. Directing Flows From Top To Bottom Directing flows from superior to the subordinate as it follows scalar chain system. Directing starts with top and ends with bottom level of management. Also Read: Principles Of Directing 6. Directing Is A Human Factor Directing is a human factor as it is related with human behavior. It is a superior-subordinate relationship in the organization. 7. Directing Is Performance Oriented Direction motivates subordinates to perform their work more effectively. It brings plan into action. So, main objective of directing is to boost employees performance. 8. Directing Facilitates Coordination Directing influences the subordinates to work properly and effectively to achieve organizational goals. It brings harmony among employees and top level management. So, it also facilitates better coordination in the organization. 9. Directing Is A Psychological Factor It influences and inspires human behavior. Directing deals with feelings, emotions, and psychological of an individual. Therefore, it is also known as psychological factor. 10. Directing Is A Creative Activity Direction brings plans into action. It motivates subordinates to perform their job accurately and effectively. It requires innovative thoughts, proper techniques, and ideas to convert plan into actual performance. So, directing is a creative activity of the manager
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  • 2 answers

Abc Xyz 4 years, 11 months ago

Controlling refers to the process of comparing the actual performance with standard performance and finding out deviation , if any taking corrective action to prevent reccurence of these deviation in future

Divyansh Jain Only 4 years, 11 months ago

Controlling is the process of comparing actual performance with the standards .
  • 2 answers

Abhishek Sharma 4 years, 11 months ago

Compensation of salary and wage or time based

Yogita Ingle 4 years, 11 months ago

Staffing is the process of recruiting employees who are eligible for certain positions in a company.

Steps involved in the staffing process are

1. Manpower Planning,

2. Recruitment,

3. Selection,

4. Placement,

5. Training,

6. Development,

7. Promotion,

8. Transfer,

9. Appraisal,

10. Determination of Remuneration. Let us learn about the steps in detail.

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