Functions of management

Management refers to the activities, and often the group of people, involved in the following five general functions: 1. Planning 2. Organizing 3. Staffing 4. Directing 5. Controlling PLANNING: It is the ongoing process of developing the business’s mission and objectives and determining how they will be accomplished. Planning includes both the broadcast view of … Read more Functions of management

Corporate governance and social responsibility

Organisation for Economic Co-operation and Development defines Corporate governance as a set of relationships between a company‘s management, its board, its shareholders and other stakeholders. Corporate governance also provides the structure through which the objectives of the company are set, and the means of attaining those objectives and monitoring performance are determined. Corporate governance provides … Read more Corporate governance and social responsibility

Corporate governance and social responsibility

Organisation for Economic Co-operation and Development defines Corporate governance as a set of relationships between a company‘s management, its board, its shareholders and other stakeholders. Corporate governance also provides the structure through which the objectives of the company are set, and the means of attaining those objectives and monitoring performance are determined. Corporate governance provides … Read more Corporate governance and social responsibility