Everything you need to know about the advantages of training towards organisation, industries, management, workers, employers and employees. Training is a process through which a person enhances and develops his efficiency, capacity, and effectiveness at work by improving and updating his knowledge and understanding the skills relevant to his or her job. Training also helps a person cultivate appropriate and [...]
Everything you need to know about the advantages and disadvantages of management by objectives. MBO is not a panacea, a cure for all organisational problems. Quite often, many organisations look at MBO as an instant solution to their problems. They fail to recognize that MBO demands careful planning and implementation to be successful. MBO calls for regulating the entire process [...]
Everything you need to know about advantages of sole proprietorship. Sole proprietorship means single ownership. Thus a sole proprietorship business means a business owned by a single person. A sole proprietor puts in his own money (capital) into the business. He may also borrow from others at his own risk. He uses his own skills or employs people working under [...]