Management and Accounting
Control Process and Communication in Management

Control Process
The managerial function of controlling is the measurement and correction of performance in order to make sure that enterprise objectives and the plans devised to attain them are accomplished.

Read More
Posted on 2nd January 20101 Comment
Organization Structure and Stress Management

Organisation Structure
An organization structure defines how job tasks are formally divided, grouped and coordinated. There are six elements that mangers need to address when they design their organization’s structure.

Read More
Posted on 25th December 20091 Comment
Negotiation- Definition and Process

Negotiation
Negotiation is defined as a process in which two or more parties exchange goods or services and attempt to agree on the exchange rate for them.
There are two general approaches to negotiation- distributive bargaining and integrative bargaining.

Read More
Posted on 23rd December 20093 Comments
Conflict- Definition and Processes

Conflict
Conflict is defined as process that begins when one party perceives than another party has affected, or is about to negatively affect, something that the first party cares about.
The parties to it must perceive conflict; whether or not the conflict exists is a perception issue. If no one is aware of a conflict, then it [...]

Read More
Posted on 22nd December 20093 Comments
Power and Empowerment

Power
Power is the ability of individuals or groups to induce or influence the beliefs or actions of other persons or groups.
A person can have power over the other person only if the first person has something which other person desires.

Read More
Posted on 22nd December 2009No Comments
Work Group- Work Team and Cross Functional Teams

Work Group
Group is defined as two or more individuals, interacting and interdependent, who have come together to achieve particular objectives. Work group is a group that interacts primarily to share information and to make decisions to help each member perform with in his or her area of responsibility.

Read More
Posted on 20th December 2009No Comments