principles of management

Description The critically poisoned patient should be managed according to standard advanced cardiac life support (ACLS) measures. However, there are special exceptions during critical poisoning because of altered pharmacokinetic and pharmacodynamic conditions. It is not the intent of this...

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Henri Fayol, A French management expert, has outlined 14 fundamental principles of Management to be adopted by managers for achieving effective administration. Later on a few more principles such as ‘Span of control, Delegation of Authority, Dcentralisation’ have also been added to the same...

What Is Stress? Stress is your body's way of responding to any kind of demand. It can be caused by both good and bad experiences. When people feel stressed by something going on around them, their bodies react by releasing chemicals into the blood. These chemicals give people more energy and...

Centralization or Decentralization Sou1d advertising be done on a centralized basis or should the responsibility be delegated to lower levels - say product or geographical divisions? In practice, however, it has been found that most companies follow the centralized pattern of advertising...

A Decentralized Advertising Activity is operated and controlled by individual units located in each major division, usually reporting to a division head or to a division marketing or sales head. The division advertising, sales and marketing people and control both the 'what' and 'how' of the...

Centralized Advertising Activity has been defined as that which - is located at or directed by headquarters, reporting to corporate sales or marketing head or in top management. In operation it gets the necessary product, market, and budget information from the divisions and then controls the...

It was Peter F. Drucker who first gave the concept of MBO to the world way back in 1954. To avoid, or to deal with, the feeling that they are being judged by unfairly high standards, employees in some organization are being asked to set- or help set-their own performance goals. Within the past...

During the Great Depression, Pepsi gained popularity following the introduction in 1929 of a 10-ounce bottle. Initially priced at 10 cents, sales were slow, but when the price was slashed to five cents, sales increased substantially. With 12 ounces a bottle instead of the six ounces Coca-Cola...

Pepsi was last made in New Bern, North Carolina in the United States in the early 1890s by pharmacist Caleb Bradham. In 1898, "Brad's drink" was changed to "Pepsi-Cola" and later trademarked on June 16, 1903. There are several theories on the origin of the word "Pepsi". The only two discussed...

BUISNESS UNIT PROFILE • Steel Plant Our company, Mukunda Ltd is a leading manufacture of special and alloy steel mainly to the automobile and auto component industry and a leader in the manufacture of high grade stainless steel in India. We produce more than 400 grades of specially...

MISSION AND VISION • Steel Plant Mission To become the best quality producer of alloy and stainless steel long products in the world. Vision By the year 2011 we will be the preferred supplier of specialty steel long products to global brand leaders and become an inseparable part of...

IDEOLOGY. • At Mukunda we have a philosophy, a set of values, a way of looking at life which is truly our own. We each one of us, believe in this and our every action reflects it. This is the way we do businesses. • We believe our prime responsibility is to make the best service to our...

Journey through seven decades. In 1930s …. Mukunda Iron & Steel Works Limited registered on November 29 1937 with an issue capital of RS. 1.37 million. The company operates its re-rolling mills and foundry in Lahore and at Reay Road Bombay. Shri Lala Mukunda Lal who had controlling interest...

Incorporated in the year 1937 mukunda ltd is a multi divisional, multi Product Company involved in the manufacturing of specialty steel long products industrial machinery and the construction of highways. With the manufacturing facilities in Kalwe, Maharashtra and Hospet Karnataka our steel...

PLANNING AND DECISION MAKING The company has elaborate planning mechanism for annual planning plans are made based on subsequent market research and many more factors e.g. success rate of planning in the past years and why did they fail. There basic philosophy is ‘make mistakes but don’t...

Linkages with products, market and location choices made by the company: Out of the total products of the Bajaj auto 40% comes from the rural market and 60% comes from the urban markets. Rural consumers were concerned primarily with value for money, fuel efficiency, product durability etc...

Strength: • Technical expertise, in collaboration with Kawasaki Heavy Industries, Japan. Self reliance • Worlds lowest cost manufactures in the market • Extensive service and dealer networks • Higher labour productivity and greater automation • Global-scale production • Lined up a...

Nokia has played a pioneering role in the growth of cellular technology in India, starting with the first-ever cellular call a decade ago, made on a Nokia mobile phone over a Nokia-deployed network. Nokia started its India operations in 1995, and presently operates out of offices in New Delhi...

Chief Knowledge Officer (CKO) is vital for KM success. This CKO will be responsible for developing the CRM value chain as follows: Customer data Customer Information Customer Knowledge Wisdom to completely satisfy Customers The CKO could be one of...