Management

How to Prepare an Effective Speech?

How to Prepare an Effective Speech?

Communication skills are a common requirement in library job postings; speaking skills, on the other hand, can be more difficult to acquire and discern. Preparing for a speech is one of the most effective ways to ensure an effective presentation. A good speech comes across as friendly or spontane.....

Read More »

Staggered Board

Staggered Board

A staggered board, also known as a categorized board, is a group of directors where a portion of the board is chosen each year. Only one class of a staggered board of directors is up for election each term. It differs from a traditional board of directors, in which all directors are chosen at the.....

Read More »

Board of Advisors

Board of Advisors

The persons designated from time to time by management of the company to offer nonbinding informal advice and guidance to the firm and management of the company are referred to as the Board of Advisors. In comparison to a board of directors, the advisory board’s informal character allows fo.....

Read More »

Remanufacturing – an Industrial Process

Remanufacturing – an Industrial Process

Remanufacturing is an industrial process that rebuilds and recovers previously sold, worn, or non-functional products. The term “remanufacturing” refers to the “rebuilding of a product to the specifications of the original manufactured product using a combination of reused, repa.....

Read More »

Characteristics of Oral Communication

Characteristics of Oral Communication

Oral communication is the use of spoken words to communicate. It is the most widely used mode of communication in the world. It is a form of verbal communication in which you express your thoughts, present ideas, and share information. In other words, without this type of communication, the human.....

Read More »

Causes of Oral Communication Failure

Causes of Oral Communication Failure

Oral communication is the best mode of communication for all purposes, but it can fail for a variety of reasons. It is the most natural communication skill that man develops. However, in some cases, this method of communication is unable to provide the desired benefits due to a variety of causes .....

Read More »

Distribution Management

Distribution Management

The process of supervising the transportation of goods from supplier or producer to point of sale is known as distribution management. Many corporate groups and enterprises have long struggled with this system. Managing distribution, whether from a wholesaler to a retailer or from a retailer to a.....

Read More »

Objectives of a Budget

Objectives of a Budget

A budget is a plan of action for the future. Managerial actions that follow their decisions about business aspects are based on a budget. The budget for any of the business’s activities is always forward-looking. It is prepared ahead of a specified time. The primary goal of a business is to.....

Read More »

Advantages of Budgeting

Advantages of Budgeting

The process of developing a budget forces management to think beyond the short-term, day-to-day operations of the business. This is the primary goal of budgeting; even if management does not meet its budgeted goals, it is thinking about the company’s competitive and financial position and h.....

Read More »

When Oral Communication Becomes More Effective

When Oral Communication Becomes More Effective

Oral communication is the most common type of written communication. Nothing but words come out of our mouths to convey a message or idea through sound. Face-to-face discussions, presentations, intercom, messages delivered on phones, telephonic conversations, radio, transistor, skyping or video c.....

Read More »

Differences between Cost Control and Cost Reduction

Differences between Cost Control and Cost Reduction

Cost control is a process that focuses on reducing total costs through competitive analysis. It is a practice that aims to align the actual cost with the established norms. Cost reduction is a process that aims to reduce the unit cost of a manufactured product or service without compromising its .....

Read More »

Disadvantages of Oral Communication

Disadvantages of Oral Communication

Oral communication entails communication via the mouth. Individuals conversing with one another, whether in person or over the phone, are included. Oral communication includes speeches, presentations, and discussions. When the communication matter is of a temporary nature or when direct interacti.....

Read More »