Source Selection – What Is Source Selection?
In one of my previous summaries, I talked about Outsourcing and Subcontracting. In this article, I’m going to help you understand what Source Selection means and all it entails. So, if …
Ethics In Purchasing – What Is Purchasing Ethics?
Purchasing Ethics or Ethics in Purchasing goes a long way to decide the fate of any organisation. This article explains it raw and goes straight to the point to explain …
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Purchasing Manager – Functions | Qualities
Let us talk briefly about the Functions and Qualities of a Purchasing Manager. First of all, I will give you an easy-to-remember definition of who a Purchasing Manager is, the …
Managerial Roles – Roles of A Manager
Managerial Roles or Roles of a Manager is a “Must-Know” for all intended managers, especially for management students. This article explains these roles and also, the personality traits and attributes …
Public And Business Administration
PUBLIC AND BUSINESS ADMINISTRATION Public administration can be defined as the organization and management of the government, government offices, and public sector companies. Business administration is the performance of management …
Frictional Force – What Is Friction?
In this article, you will learn the definition of friction, laws of friction, types and effects of friction, advantages and disadvantages of friction or frictional force. WHAT IS FRICTION? When a …
Bureaucracy – What Is Bureaucracy?
This article is an overview of Bureaucracy. After reading through, you will be able to define Bureaucracy according to different scholars. In this summary, you will also learn the features …
Questions On Process Costing +Video Guide
Process Costing Question 1 In the account details recorded for CharllyCARES Nig Ltd. There was an input material transferred from Process A account which is 12,000 units. The cost of …
Functions of A Chief Executive Officer
The functions and responsibilities of a Chief Executive Officer include Planning, Organising, Staffing, Coordinating, Controlling, Directing, Reporting and Budgeting. In this article, you will learn all these and more. The …
Levels of Management
WHO IS A MANAGER? A manager is a person saddled with the responsibility of planning, organizing, coordinating, and controlling all resources to achieve the stated goals and objectives of an …
14 Principles of Management
Henri Fayol (1841-1925), a French Industrialist offered 14 principles of management for the first time in 1916. His fourteen principles of management serve as a guide in helping managers to …
Management Functions
In this articles, you will learn the four traditional functions of management and also the management function propounded by HENRI FAYOL AND LUTHER GULLICK. FUNCTIONS OF MANAGEMENT The four traditional …