Found 597 Articles for Management

I am sharing my personal experience of the most embarrassing cause for taking a day off.As usual, that day also I woke up at 5.30 in the morning. After I had my morning coffee, I usually start my household chores. That day, my daughter called me from the USA and without noticing time we both got engrossed in some pep talk. My maidservant who has to come by 6.30 a.m has not turned up and it was 7.00 a.m.by the time I realized that. I started panicking. Watchman comes and tells me that the water motor got stuck up and ... Read More

Organized and unorganized sectors are mainly differentiated based on employment conditions.Organized Sector − It is incorporated with the appropriate authority and follows the rules and regulations. It is mostly related to Government or some large-scale operations. As these organizations strictly follow government rules they adhere to acts like Factories Act, Bonus Act, PF Act, Minimum Wages Act etc. Workers are paid remuneration as monthly salary regularly and there will be job security.Unorganized Sector − The unorganized sector is the one which is not incorporated into the government. Small-scale operations, petty trade, private business, domestic workers and construction workers etc. come ... Read More

Nowadays youth are gaining the importance of "Earn while you Learn" concept. There are many benefits due to this approach.First and foremost is earn your pocket money while you are studying. This will help in a long way in understanding the value of money and money management in your future.Along with financial benefits, if you do an apprenticeship in the field of your study, you will gain practical knowledge on the subject.You will get exposed to the workplace discipline and get some learning experience about your future job.You will not waste time and understand the importance of time management.You will ... Read More

Employee turnover rate is a key indicator of a company's performance. It refers to the percentage of employees who leave the organization during a particular period of time, say one month.Employees may leave due to resignations, terminations or retirements. The total employees at the starting of the month (A), the employees at the end of the month (B), and the number of employees left during the month (X) are taken into account to get the average employee turnover rate.Avg = (A+B)/2 -- adding both A and B divided by 2 gives you average employees of that month.Divide the number of ... Read More

It's a fact that even big business giants do create products, which sometimes fail so miserably that it becomes extremely hard to believe that was it really a crop of the well-established magnet. Microsoft too is not an exception as many of its well-endorsed ventures did nothing but ended in smoke. Following is the list of such products.Internet Explorer 6Internet Explorer, released in 2001, is considered as one of the worst editions of the web browser till date. It instantly received a hoot for having major security issues and lack of support for the latest web parameters. This browser was ... Read More

The use of elevators at present era is quite common whether at apartments, offices, hotels and other multistory structures. However, we all are aware that technology comes with its curses as well and elevators are no exceptions. Elevators, especially in office buildings, too have all the minor-major issues every now and then, and cause inconvenience to us. Let's find out why such inconvenience is attached with elevators?Here are a few common troubles occurred with elevatorsIssues with Sheave RegroovingOld and crock sheaves put extra wear on ropes and this results in boosting the level of wear on sheaves. Eventually, both the ... Read More

Widely referred as the essential part of varied business entities, SWOT stands for Strength, Weakness, Opportunities, and Threats. SWOT analysis is also used by nonprofit organizations and, to a little less degree, by individuals for their assessment. In addition to this, this analysis can also be used to assess products, initiatives, and projects. Albert Humphrey is the man behind this creation who tested the approach in the 1960s and 1970s at the Stanford Research Institute.SWOT was developed for business as it was based on the data from 500 companies listed on Fortune, this technique has been embraced by all types ... Read More