FUNCTIONS OF MANAGEMENT

  Functions of Management:- Planning Organizing Staffing Direction Coordination and control Decision making OUTPUT Attainment goals effectively & efficiently       INPUTS/RESOURCES Human Finance   CONTROLLING Measuring performance with standards & taking corrective actions PLANNING Setting of objects & selecting ways ORGANIZING Establishing relationships, Delagting authority & assign tasks DIRECTING Leading & motivating employees … Read more

AQUATIC ECOSYSTEM

  Fresh water ecosystems- The salt content of fresh bodies is very low, always less than 5 ppt  (parts per thousand). E.g lakes, ponds, pools, springs, streams, and rivers Marine ecosystems – the water bodies containing salt concentration equal to or above that of sea water (i.e., 35 ppt or above). E.g shallow seas and … Read more

FUNCTIONS OF MANAGEMENT : COORDINATION AND CONTROL

      COORDINATION   “The Harmonization of activities of different work groups and departments.”   Coordination is the orderly arrangement of individual and group efforts to provide unity of action in the pursuit of a common goal. All these departments must function in an integrated manner so that the organisational goal can be duly … Read more

Amendments to the Constitution

  Amendments to the Constitution are made by the Parliament, the procedure for which is laid out in Article 368. An amendment bill must be passed by both the Houses of the Parliament by a tw o-thirds majority and voting. In addition to this, certain amendments which pertain to the federal nature of the Constitution … Read more

Historical Underpinning and Evolution

  Evolution of Indian Constitution Although the systems of ancient India do have their reflections in the Constitutions of India, the direct sources of the Constitution lie in the administrative and legislative developments of the British period.   Regulating Act of 1773 This Act was based on the report of a committee headed by the … Read more

Direction test

      Introduction: There are four main directions – East, West, North and South as shown below:         There are four cardinal directions – North-East (N-E), North-West (N-W), South-East (S-E), and South-West (S-W) as shown below:       Key points   At the time of sunrise if a man stands facing the east, his shadow will be towards west. At the … Read more

Components of Money Supply

    Components of Money Supply   M1 Consists of currency with the public (ie notes & coins in circulation minus cash with the banks)   plus demand deposits with the bank (deposits which can be withdrawn without notice) plus   other deposits with RBI (usually negligible). Also called narrow money M2 M1 + saving … Read more

WEALTH MAXIMIZATION

      Concept:     Wealth maximization is the concept of increasing the value of a business in order to increase the value of the shares held by stockholders. The concept requires a company’s management team to continually search for the highest possible returns on funds invested in the business, while mitigating any associated … Read more

 Insolation,heat budget of the earth

    The ultimate source of atmospheric energy is in fact heat and light received through space from the Sun. This energy is known as solar insolation. The Earth receives only a tiny fraction of the total amount of Sun’s radiations. Only two billionths or two units of energy out of 1,00,00,00,000 units of energy … Read more

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