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A management style is the particular way managers go about accomplishing these objectives. It encompasses the way they make decisions, how they plan and organize work, and how they exercise authority. [2] Management styles varies by company, level of management, and even from person to person.
Managerial economics aims to provide the tools and techniques to make informed decisions to maximize the profits and minimize the losses of a firm. [4] Managerial economics has use in many different business applications, although the most common focus areas are related to the risk, pricing, production and capital decisions a manager makes. [31]
The managerial grid model or managerial grid theory (1964) is a model, developed by Robert R. Blake and Jane Mouton, of leadership styles. [1] This model originally identified five different leadership styles based on the concern for people and the concern for production. The optimal leadership style in this model is based on Theory Y.
Round table is a form of academic discussion. Participants agree on a specific topic to discuss and debate. Participants agree on a specific topic to discuss and debate. Each person is given equal right to participate, as illustrated by the idea of a circular layout referred to in the term round table .
Recruitment poster for the UK army. Recruitment is the overall process of identifying, sourcing, screening, shortlisting, and interviewing candidates for jobs (either permanent or temporary) within an organization.
The week before the term starts is known as: Frosh (or frosh week) in some [15] colleges and universities in Canada. In the US, most call it by the acronym SOAR for Student Orientation And Registration; [16] Freshers' week in the majority of the United Kingdom and Ireland and Orientation week or O-week in countries such as Australia, South Africa and New Zealand, and also in many Canadian ...
The Managerial Revolution: What is Happening in the World is a book written by James Burnham in 1941. It discusses the rise of managers and technocrats in modern industrial societies , arguing that they would replace the traditional capitalist class as the rulers of the economic system, through mechanisms such as economic planning .
The managerial grid model is also based on a behavioral theory. The model was developed by Robert Blake and Jane Mouton in 1964. It suggests five different leadership styles, based on the leaders' concern for people and their concern for goal achievement.