What is Financial Management? “Financial management is the activity concerned with planning, raising, controlling and administering of funds used in the business.” – Guthman and Dougal “Financial management is properly…
What is Classical Management Theory? Classical management theory is based on the concept that workers need only physical and economic needs. It does not include social and job satisfaction of…
What is Public Limited Company? A public company is a company which issued securities through initial public offering and has an operation of securities at least one stock exchange or…
What is Marketing Management? Marketing management is the process of developing strategies and planning for the business such as the advertisement, promotions, sales and etc. Marketing management is also an…
What is Marketing? Marketing is a process of making aware the consumers about the products and services of the business. Marketing helps the business to market its products and services.…
Contingency Approach to Management The Contingency approach is a management theory that helps the manager to adopt the best management style is dependent on the context of the situation. Contingency…
What is Financial Management Financial Management includes planning, organizing, directing and controlling of financial resources of the company i.e utilization of funds, controlling expenses, manage the flow of funds, etc.…
What is Marketing? Marketing words derived from the Market. Market is a place where buyers and sellers come together and exchange products and services. Marketing is a process of determining…
What is Risk Management? Risk Management is a process of minimizing risk or threat. Risk Management is the process of identifying the threat or risk that may be come after…
What is Internal Business Environment? The Internal Environment refers to the forces that are close to the company and affect its ability to serve its customers. It includes the company…