Priority of Transactions in Ethical and professional standards Standard VI(B) reinforces the responsibility of members and candidates to give the interests of their clients and employers priority over their personal financial interests. This standard is designed to prevent any potential Read More …
Day: January 17, 2022
MATRIX OR ORGANIC STRUCTURE
This is where departments contribute few workers who are relocated far away from the office to the site where the project is taking place until it is completed. It is common in NGO’s and project related organizations. The project manager Read More …
ORGANIZING
Organizing is a process of identifying the overall tasks and responsibilities to be performed in an organization and then put together those that are similar to form a department. Therefore, an organisational structure refers to the forms of departments. PRINCIPLES Read More …
FUNCTIONS OF MANAGEMENT
PLANNING It’s the basic process by which we use to see our goals and determine the means to achieve them. It bridges between where we are and where we want to go. It involves setting missions, objectives and actions to Read More …
BUREAUCRATIC THEORY OF MANAGEMENT
It was formulated by Marx Weber, who was reacting to the abuses of power by those in managerial positions. He had interest in better management practices, and stressed that there is need for a strictly defined hierarchy of management, governed Read More …
MODERN/ADMINISTRATIVE THEORY OF MANAGEMENT.
It was formulated by H. Fayol, who said that managers who follow general principles of management and good management practices achieve the highest productivity. Principles of Management 1. Principle of division of labour According to it, when division of labor Read More …
