Inventory management Inventory management is the management of inventory and stock. As an element of supply chain management, inventory management includes aspects such as controlling and overseeing ordering inventory, storage of inventory, and controlling the amount of product for sale. Inventory management is all a... read more

Factors of U-shaped Long Run Average Total Cost Economies of scale or economies of mass path explain the down sloping part of the long run Average total cost. As plant size increases a host of factors contribute to decline average total cost. The main factors that result in the U-shape of long run average total c... read more

Before I discuss the differences between scientific and administrative theories of management, I will like to remind importance of having a good management. Whatever theory or type of management an organization accepts, the management by planning, organizing, leading, and controlling build actual squads to attain the obj... read more

Emotional intelligence is the ability of a person of understanding his own emotions as well as others emotions. It is also about considering other persons perspective and then taking an effective decision, emotional intelligence makes a person’s thinking, goals and decisions smart. It helps a person in controlling ... read more

Organizational behaviour offers several ideas to management as to how human factor should be properly emphasized to achieve organizational objectives. Organizational behaviour provides opportunity to management to analyse human behaviour and prescribe means for shaping it to a direction. Organizational behaviour ... read more

At all production related event or activity that is uncertain is a production risk. Agricultural production indicates an expected outcome or yield. Changeability in outcomes from those expected creates risks to your ability to attain financial goals. Cultivators have three choices in dealing successfully with product... read more

Financial manager is the individual who performs the financial management in the firm. A finance manager of a large organization has a very critical responsibility to shoulder as he has to take all decision about raising and utilization of resources have been taken efficiently and at no time resources should remain idle.... read more

Introduction to Financial Management: Financial management is as emerged as an interesting and stimulating area for academic studies as well as for the real-world finance managers. Financial management covers all decisions, taken by an individual or a company, which have financial implications. In our simple understa... read more

Define Contract. “An agreement enforceable by Law is a Contract.” What is implied contract? An agreement which is not made by written or spoken words of parties but it is evidenced from the acts or conduct of the parties or according to prevailing conditions. What is quasi contract?The contract which is ... read more

Objectives of Capital Budgeting   Following are the objectives of capital budgeting;1. Shareholder’s wealth maximization: In tune with objectives of financial management, its aim is selecting those projects that maximize shareholder’s wealth. The decision should avoid over/under investment in ... read more

Analyzing the Corporate Level Strategies:Human Resource Planning would start with analyzing corporate level strategies which include expansion, diversification, mergers, acquisitions, technology to be used, reduction in operations, and method of production etc. Therefore, Human Resource Planning would begin with anal... read more

In financial management, finance manager is chief authority. Not only to raise the finance of business, finance manager will also do many other works for business. Following are the main roles of financial manager. Raising Funds of Company: Finance manager analyze different sources of business. He didn’t get fu... read more

The scope of financial management includes three clusters. First – concerning to finance and cash, second – increasing of fund and their administration, third – along with the activities of rising funds, these are part and section of total management, Isra Salomon fingered that in view of funds ... read more