Management

Principles of Management

References:

Santosh, R. P., Gopal, M.P., & Kedar, P. B. Principles of Management. Kathmandu, Ashmita Publicationss
Robbins, S. P., & Decenzo, A. D. Fundamentals of Management. New Delhi, Pearson Education
Griffin, R. W. Management. New Delhi, AITBS Publishers, and Distributors
Bateman, T. S. & Snell, S. A. Management: Competing in the New Era, New Delhi: Tata Mcgraw Hill
Panta, P. R. Principles of Management. Kathmandu: Buddha Academic Enterprises
Paudel, S. R., Pradhan, G. M., & Bhandari, K. P. Principles of Management. Kathmandu: Ashmita Publications
Weihrich, H., Cannice, M. V. & Koontz, H. Management: A Global Perspective: New Delhi: Tata Mcgraw Hill

Formality in Strategic Management

Formality in Strategic Management (Explained)

Formality in Strategic Management Formality in strategic management can be defined as the degree to which low-level employees have participated in important decision making, and have been given balanced responsibility & authority to complete duties. It is a means to make the organization formal. The more organization does such things the more the organization becomes …

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Strategic Management Process

7 Main Steps in Process of Strategic Management (Explained)

Process of Strategic Management The strategic management process refers to the development of vision and mission to strategy formulation and evaluation in order to achieve organizational goals and objectives. It helps managers to how and which strategy to choose and gives proper direction on how to best implement it. The strategic management process also called …

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Importance of Strategic Management

13 Importance and Benefits of Strategic Management (Explained)

Importance of Strategic Management Strategic management has become a crucial success factor for the organization. Composing an effective strategy and implementing it appropriately and adapting rightly to uncertainties is possible through strategic management. Setting and implementing righty the strategies – strategic management helps to act in the dynamic business environment, achieve organizational goals, get a …

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12 Characteristics/Features of Strategic Management

12 Characteristics/Features of Strategic Management

Characteristics of Strategic Management Strategic management is a set of decisions and actions used to formulate and execute strategies that will provide a superior fit between the organization and its environment and helps to achieve organizational goals. The main features or characteristics of strategic management are mentioned below: Facilitates Strategy Implementation One of the main …

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Strategic Management

Strategic Management: Definition, Features, Process, Importance, and Factors

What is Strategic Management? Strategic management is the process of the best use of organizational resources and the implementation of strategies to achieve expected goals and objectives. It is a set of commitments, actions, and decisions that gives almost positive results and sustainable competitive advantage. Strategic management is all about taking decisions and actions regarding …

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Three Levels of Strategy

Three Levels of Strategy: Corporate, Business, and Functional Level

Levels of Strategy Strategy can be defined as the effective path to achieving organizational goals and objectives in the best possible way. In organizations, there exist three levels of strategy namely corporate level, business level, and functional level. All levels of strategies have a significant role in achieving the overall targets of the organization. In …

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Strategy

What is Strategy? Definition, Characteristics, Levels, and Need

What is Strategy? Strategy is the means to achieve long-term goals and objectives that best utilize resources and aims at a sustainable competitive advantage. It is a long-term or potential action plan that includes top management decisions and a significant amount of organizational resources. A strategy gives a clear direction to the organization on how …

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Attitude Formation

Attitude Formation: How Attitudes are Formed? (Explained)

How Attitude is Formed? Have you ever wondered how attitude is formed, developed, or composed? Probably yes, we seek to know the formation of attitude. Since attitude is the learned behavior the formation of attitude usually takes place through learning. There are various forces that help to form the attitudes of people. Knowledge Knowledge is …

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Types of Job Related Attitudes

3 Types of Job-Related Attitudes (Explained)

Types of Job-Related Attitudes There are uncountable attitudes a person can hold but thanks to organizational behavior (OB) that minimized the types of job-related attitudes to only three. Simply, attitude by definition is a person’s evaluation statement about something that may be people, work, etc. as good, bad, favorable, unfavorable, positive, or negative. The main …

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Individual Behavior

What is Individual Behavior? Definition and Factors Influencing

What is Individual Behavior? Individual behavior refers to the actions, responses, reactions, and behaving ways of the individual in a particular position. It is the combination of responses to internal and external stimuli. Each Individual/human behavior is different from others. Understanding human behavior helps to know how particularly people respond to some situations and express …

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