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Tag Archives: Staffing

Operations Management

Operations Management

Operations Management is the action of supervision of the assets which create and distribute goods and services. Operations can be one of several meaning i.e. marketing, finance, personnel within the organization. The operations function can be described as that part of the organization dedicated to the production or delivery of goods and services. This means all organizations undertake operations activities ...

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Effective communication

Effective Communication s

Communication is the art and process of crafting and division of ideas. Effective communication stands on the richness of those ideas. An effective Communication skill is the most important factor for any organization while selecting their management staff. That’s why modern management always wants to hire skilled employee who are effective in communication as a result both verbal and written ...

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Value added tax (VAT)

VAT

Value added tax (VAT) is a form of consumption tax. From the perspective of the buyer, it is a tax on the purchase price. From that of the seller, it is a tax only on the value added to a product, material, or service, from an accounting point of view, by this stage of its manufacture or distribution. The manufacturer ...

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Social Compliance Management

Social compliance Management

Social Compliance is the Result of conformance to the rules of social accountability by the extended organization including not only the organization’s own policies and practices but also those of its supply and distribution chains. It is a continuing process in which the involved parties keep on looking for better ways to protect the health, safety, and fundamental rights of ...

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Total quality management (TQM)

Total Quality Management

Total quality management (TQM) was developed by William Deming, a management consultant whose work had great impact on Japanese manufacturing. Total Quality Management (TQM) is a comprehensive and structured approach to organizational management that seeks to improve the quality of products and services through ongoing refinements in response to continuous feedback. TQM is a holistic approach to long-term success that views ...

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Compensation management

Compensation Management

Compensation is the remuneration received by an employee in return for his/her contribution to the organization. It is an organized practice that involves balancing the work-employee relation by providing monetary and non-monetary benefits to employees. Compensation is an integral part of human resource management which helps in motivating the employees and improving organizational effectiveness. Compensation management is a general policy, ...

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Controlling

Controling

Controlling is one of the most important and dynamic process of management functions. It is the most important managerial function for correcting, improving and foreseeing action of management for attaining organizational goals.

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