Objectives Of Management
OBJECTIVES OF MANAGEMENT In this article, you”ll learn the Objectives of management, Importance of management to modern day organization, and differences between Management and Administration. Feel free to leave a …
Management Studies
AOC – Human Capital Management
AREA OF CONCENTRATION (AOC) ON HUMAN CAPITAL MANAGEMENT (HCM) Be able to differentiate between each of them with a concrete and eye-catchy definition. Download PDF What is Human Capital? Functions of …
Human Resource Management
After reading this article, you will be able to define the term, Human Resource Management, state the components, qualities, policies of the human resource management or manager and the contents …
Purchasing – What Is Purchasing?
In this article, you will learn the definition of purchasing in its simplest form, the objectives and different types of purchasing. Please share this article on your social media handle. …
Purchasing Cycle And International Purchasing
This article is sub-divided into two, Purchasing Cycle and International Purchasing. It is well-detailed and self-explanatory and will give you an insight on what Purchasing Cycle means and the steps involved, …
Organisational Structure And Purchasing
This article explains in detail what an Organisational Structure is all about and its relationship to purchasing. In this article, Organisational Structure and Purchasing, you will learn the main types …
What Do You Understand By Stock Out?
This article is focused on STOCK OUT, its definition, the consequences of Stock out, effects of late delivery of materials in a manufacturing company, the procedure for control of surplus …
Quality And Quality Control
Quality and Quality Control are two different things entirely but a better understanding of Quality will help you differentiate between both. This article explains Quality Control in its simplest form. …
Outsourcing And Subcontracting
Hello there! Don’t mix it up Outsourcing and Subcontracting are totally different. Without delay, I explained Outsourcing and Subcontracting in a layman’s understanding. The basic things you will get from …
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 …