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Business management – management of a business – includes all aspects of overseeing and supervising business operations. Management is the act of allocating resources to accomplish desired goals and objectives efficiently and effectively; it comprises planning, organizing, staffing, leading or directing, and controlling an organization (a ...
SCADA (an acronym for supervisory control and data acquisition) is a control system architecture comprising computers, networked data communications and graphical user interfaces for high-level supervision of machines and processes.
Management control as an interdisciplinary subject. A management control system (MCS) is a system which gathers and uses information to evaluate the performance of different organizational resources like human, physical, financial and also the organization as a whole in light of the organizational strategies pursued.
In joint stock company (S.A.), the appointment of the Supervisory Board is mandatory regardless of the share capital, size, and the number of shareholders. The competences of the Supervisory Board are broad and include both the oversight of the management board’s activities and the performance of specific control tasks.
Due to the network structure relying on many different individuals or teams working together independently, effective supervision is needed to avoid shirking or free riding. Similarly, some individuals and teams coordinate poorly, resulting in communication breakdowns and misunderstanding, which only hinders the progression of tasks.
It allows management's to provide necessary training for job success and monitor progress of their employees through virtual classrooms and computerized testing, predict the risk of employee turnover through data analysis, help HR to formulate relevant talent retention and incentive strategies, improve the personal development of the company ...
On-the-job training (widely known as OJT) is an important topic of human resource management. It helps develop the career of the individual and the prosperous growth of the organization. On-the-job training is a form of training provided at the workplace. During the training, employees are familiarized with the working environment they will ...
Download as PDF; Printable version; In other projects ... A supervisory program or supervisor is a computer program that is usually referred as an ...