Search Results for: Human Resource

Management

Management Information System (MIS): Learn Everything About MIS (PDF Included)

A Management Information System (MIS) refers to a computer-based system that collects, processes, stores, and distribute information to support decision-making, coordination, control, analysis, and visualization within an organization. It is a crucial component of modern businesses and is designed to provide managers and other stakeholders with timely and relevant information for effective planning and decision-making.

Read More
Economics

What is Business Environment? [PDF Inside]Characteristics, Components, Types, Importance, SWOT Analysis, Environment Analysis, Internal, and External Factors

The business environment refers to the external and internal factors that affect a business’s operations, decision-making processes, and overall success. It includes all the conditions, events, and factors that can impact a business, such as economic, social, political, legal, technological, and environmental factors.

Read More
Communication

What is an Information System? 5 Components, Types, Advantages, Disadvantages [PDF Included]

In this digital era, we all are somehow accustomed to the word “Information System” although not well-versed with the concept or definition. If asked what is “Information System” one will definitely say the words like computer or network or database. But an information system is much more than just a computer or network. It surrounds us almost every time and is changing every day. Nowadays, life seems impossible without it. From the smartphones in our hands, the Wi-Fi networks on our college campus–to the traffic lights, sales management, and billing systems in the shopping malls, etc.–Information System is virtually in every walk of our life.

Read More
Economics

What are Mergers and Acquisitions? M&A Definition, Example, Types, Forms, and Transactions

Mergers and acquisitions are transactions of shifting ownership between two companies, wherein a merger is a fusing or combining of two companies and acquisition is one company acquiring or buying another. The ultimate goal of mergers and acquisitions is to create synergy, which typically makes the two combined companies worth more valuable than the two separate companies. 

Read More
ManagementIndustrial engineering

What is Crisis Management? Types of Crisis, Definition, Importance, Advantages Disadvantages, 6 Planning Approaches | PDF Included

Crisis management is the approach of anticipating crises at the corporate level and planning how to deal with them effectively to prevent any threat to an organization.

Read More
Industrial engineeringManagement

What is Strategic Management? Definition, Process, Types, Advantages, and Disadvantages | PDF Included

Strategic management is the process of planning, monitoring, analysis, and assessment of all necessities an organization needs to meet its aims and objectives.

Read More
ManagementIndustrial engineering

What is Total Quality Management (PDF): Definition, Principles, Advantages, Disadvantages, & Implementation

The term ‘total’ defines the entire organisation—all parties, departments and functions are involved in quality management. The system refers to the managerial and technological approaches to obtain quality requirements and business objectives throughout an entire organisation.

Read More
ManagementIndustrial engineering

What is Change Management (PDF inside): Types, Principles & Importance

Change management is the systematic approach which deals with the transition or transformation of different organisational objectives, processes, core values, or technologies.

Read More