LIVE MANAGEMENT EDUCATION

Leadership is an important part of management that plays a vital role in the development and growth of the organization. Charismatic leadership is an important concept of leadership that is present and popular among all countries and continents in the world. The process in which God provides some extra features, merit, virtue to any person to use for the development of common man, community, society, and nation. This process is called charismatic leadership. Nature: 1. It is a natural part of leadership. 2. It is a universal part of leadership. 3. It belongs to the old civilization of the country and continent. 4. It has a miracle. 5. It comes one time in a century. Role: 1. To change the common man- There are many problems present in the life of the common man. These problems are food, shelter, cloth, education, medicine, and so on. The charismatic leader makes such type of policy, programs, ideas, vision to inspire concerned people to solve these types of problems. 2. To develop soci

 There are many qualities managers possess. Leadership is one of the important qualities that is possessed by most managers. There are many forms of leadership. These forms are effective leadership, ethical leadership, etc. Among all forms, ethical leadership is one of the important forms of leadership that is popular in most countries in the world. There are many features of ethical leadership. These features are as below-1. Respect all - It is the feature of ethical leadership. Every leader meets many hundred people every day. He provides respect to every person who met him. After getting respect all persons who met became happy because they do not expect such type of respect so this feature makes a successful leader to ethical leader. 2. To serve maximum- It is the second feature of ethical leadership. Many hundred people go to leaders every day. Every person has a particular type of problem. Leaders listen to the problem of every suffered person and provide their best to solve thei

Tax is an important part of economy. There are two types of tax, direct tax and indirect tax. The tax that is collected by concern person, organisation and shared with state government. This type of tax is known as indirect tax. Example- GST, Sales tax, custom excise tax. Feature: 1. It is an important part of taxation. 2. It is an important source of revenue. 3. It is progressive.  4. It belongs to social development. 5. It may shift

Every organization has a scarcity of finance whereas he has to perform many functions so he performs his financial activities like arranging, utilizing, expanding investing of finance by an effective efficient way to achieve the objective of the organization. Financial investment is part of financial management. The process in which the organization calculates the risk and selects one of the best alternatives that give a maximum return at minimum risk this process is called financial investment. In other words, we can say that financial investment is the process of utilizing our resources in such type of way that it gives a maximum return. This process is called financial investment.  Nature: 1. It is an internal function of a manager. 2. It is a financial function. 3. It is a risk-oriented function. 4. It is a forecasting-based function. 5. It is a scientific and systematic function. Objective: 1. Maximum utilization of finance- It is the first objective of financial investment. Every

 Every manager possesses many qualities. These qualities are honesty, sincerity, commitment, devotion, and leadership. Every quality is important and plays an important role to perform the function of the business effectively. Among all leadership is also an important quality that helps managers to inspire influence the human resource force towards their function and provide cent percent talent, knowledge, and skill for the development of the organization. The process in which human resource forces are attracted towards organizations and motivate them to provide their optimum strength for the development of the organization this process is called leadership.  Nature of Leadership - There are many natures of leadership These natures are as below:- 1. It is an internal feature. 2. It is present by born. 3. It is affected by many factors like family, society, school, college, institution, and so on. 4. It is a situational feature. 5. It may be positive or negative. 6. It may be formal or

 Business is an important function of the economy. There are many objectives of the business. These objectives are Survival, Sale revenue maximization profit maximization, and so on. Every objective is important and organizations want to achieve it. Among all profits, maximization is also an important objective that an organization wants to achieve. Nature of profit :  1. It is an important part of the economy. 2. It is a financial approach.  3. It retains all many factors. 4. It is the field of the financial year. * Objective and Function : Profit is an important part of the business. There are many functions of profit performed. These function areas are below. 1. To increase production - It is the first function of profit. There are many elements of production. These elements are land, labor, raw material, finance, and so on. Profit gives us maximum finance ao it helps us to maximize the production of an organization.  2. Development - It is the second function of profit. Every organ

 Consciousness is an important feature of human beings that plays an important role in the development of people. The process in which we change ourselves to changing conditions or environments this process is called consciousness. There are two types of consciousness in life. One is social consciousness and the second is business consciousness. 1. Social consciousness- It is the first type of consciousness. Society is an important element of life in which human being live their life there are many customers, traditions, norms, ethics, the value of society. All these things are changeable forms. The process in which human beings know the changing ratio and behave in such type of way that they live their life happily and satisfy people this process is called social consciousness. Nature- There is much nature of social consciousness. These natures are as below. 1. It is an internal feature of an individual. 2 it is a positive feature.  3 It is a social feature. 4 It is a generic feature.

There are many customs, traditions, rituals, festivals present in every society All these things have two aspects positive and negative. The process in which we follow all these things and use them in our business to perform our function in an effective, efficient, and economical way and achieve our goal. In other words, we can say the part of ethics that belongs to the business and use it in business to make business more progressive, developing and achieving the goal of business this process is called business Ethics. Nature: 1. It is an internal part of the business. 2. It is a micro approach. 3. It is a progressive approach.  4. It puts an impact on the people and the environment of the organization. 5. It makes the organization progressive.    Importance - There is much importance to the business environment. This importance is as below  1. Production: It is the first function of the business. There are many elements of production. These elements are people, finance, plant, and ra

* Decision Support System There are many tools, techniques in MIS. These tools, technique are data base management system, decision support system. System development cycle and so on. Every approach plays an important role in the development of organisation . Among all decision support system is one of the best approach that helps to take an approach decision and achieve the goal of organisation. *Decision Support System The process in which manager identify , record,classifier, summerice, and interpretation the data in the form of information and take an appropriate decision is called decision support system  In other word we can say that the process in which a data is systematically analysise according to all alternatives of org and choose one of the besta alternative according to the strength and objective of org those process is called decision support system. Nature  It is an internal activity of organisation. It is a micro lives approach. It is a part of management. It use mathem

 He is the 20th Chief Minister of Utter Pradesh. He was born on 1st July 1973 at Saifai in Etawah district. He is the son of Mulayam Singh Yadav and Malti Devi. He completed his school from the St.Mary's school at Etawah. He took admission to Dholpur Military school in Dholpur Rajasthan. He got Bachelor's degree in civil Environment Engineering degree at Mysore. He was married to Dimple Yadav on 24 November 1999. He has two daughters and a son. Major achievement- 1. Dial 100- It is an innovative vision of Akhilesh Yadav. It ensures police will reach the crime scene in 15 to 20 minutes across Utter Pradesh. It improves law and order conditions in States. It empowers the poor, SC, ST, OBC, and women that police will help them whenever they need it. It also decreases domestic violence in the state. 2. Woman power line 1090. 3. Agra Lucknow Expressway 4.108 Ambulance free service 5. Lucknow Metro 6. Lucknow international cricket stadium 7. Jaineshwar Mishra park. 8. Jaiparaksh Nara

 Management information system plays an important role in the development of the organization. It helps to perform all functions of business like production, demand forecasting, selling, and trading in an effective, efficient, economical way. It also helps us in the process of planning, organizing, staffing,  direction, and controlling so we can say that a management information system is an innovative approach that helps organizations to perform their function at globe level. There are many activities in management information systems. These activities are as below. Planning- It is the first activity of the management information system. Planning is the combination of policy, rules, regulation, program, and procedure so the process in which an organization develops a plan to innovate management information system according to the goal and objective of the organization and make such type of system that helps them to perform the function and achieve the goal of the organization this pro

Step of management information system: There are many steps of management information system. These steps are as below: 1. To know the need of the organisation-It is the first step of system analysis and design. There are many functions of the business. These functions are production, demand forecasting, selling, distributing, advertising, and so on. The organization performs one or more than one function so the need of the organization is different from one another. In the first step, we find out the need of organizations according to their function. 2. To know the available system of the organization- It is the second step of system analysis and design. Before developing a new system we should know the available system of the organization and its positive and negative features because without knowing the drawbacks of the available system we can not develop a new system. 3. To arrange the need of the organization- There are many needs of the organization. It depends on the expansion p

There are many elements of a management information system. These elements are people, hardware, software, procedure, and so on. Every element is important but hardware is a very very important element because it saves, implements, and executes the program.  A system is a combination of hardware and software. It plays an important role in the process of management information systems because it helps to record classify and analyze data.  System analysis- The process in which hardware and software are made in such type of way that it can perform the function of the organization this process is called system analysis. In other words, we can say that the process in which managers arrange hardware and software in such type of way that it can able to fulfill the function of the organization. This process is called system analysis. System design- It is also an important step of system analysis and design. The process in which the system is made in such type of way that it is easy to operate

There are many functions a manager performs. These functions are planning, organizing,  staffing, directing, and controlling. Every function plays an important role in the growth, development, and goal achieving process of the organization. Among all planning is the first and many important functions because it ensures that another function is also performed effectively and efficiently. nature: There are many natures of planning. These natures are as below: 1. It is an internal function 2. It is a scientific function. 3. It is a goal-oriented function. 4. It is a future-oriented function. 5. It is positive. 6. It is a formal function. 7. It is quality and quantity. Objective: There are many objectives of planning. these are as below: 1. It helps to perform the function of business like production, demand forecasting, and so on. 2. It helps to achieve the goal of an organization like survival, sales revenue maximization, profit maximization in an economical way. 3. It helps us to arrang

Value of Information:- The value of information is variable, changeable according to person, department, and organization. If the information belongs to the global market. It is not useful for small-scale companies, middle-scale companies because all these company work in regional markets, national markets so the information is useless in such type of compan.  If any information belongs to the local market. It is not useful for multinational companies, large-scale companies because all these companies work at the national or international level. so we can say that the value of information is changeable according to the size and function of the company.  There are many criteria decide the value of information. These criteria are as below. (1) Accuracy:- It is the first criteria that decide the value of information. If any information that is cent percent right. It is useful for all types of companies whereas if any information that is not cent percent right or less accurate it is not us

There are many elements of management information system. These elements are people, hardware, software and information. Each and every element is important but information is more important because information helps manager to perform their function by effective, efficient and economical way.  Information is the output that is got after processing facts and figures.  In other words we can say that information is a usable things that manager gets after searching, identifying, processing of raw data.  Nature: 1. It is a finished form. 2. It is formal form. 3. It may be qualitative. 4. It may be quantitative. 5. It is positive. 6. It is progressive. Types of information: There are many types of information. These types are as below: 1. personal information- it is the first type of information. The information that belongs to name, age, qualification, father's name, mother's name. This type of information is called personal information. 2. Professional information- it is the secon

 Evolution of management: The process of management is time-consuming. There are managers, entrepreneurs, engineers who use their principles in their organization. So other industrialists, entrepreneurs use this technique, and management was born. The contribution of the person in management. Many people contribute their best in the process of management. These persons are as below:  1. F.W. Taylor- he is called the father of scientific management. He provides five principles in the development of management. These five principles are as below: 1. Science is not the rule of thumb- it is the first principle that is given by F.W.Taylor. According to this principle, there are two methods of performing any function. These methods are scientific and none scientific. Managers should always use scientific methods to perform any function. If they use the scientific method they may get better results. 2. Harmony relationship- it is the second principle of F.W.Taylor. according to this principle

Decision making is an important function that is performed by manager. There are many experts, scholars define decision making by a number of ways. Herbert Simon is one of experts that gives his view towards decision making. His view is so unique and innovative that is praised by every expert and use till now by every manager of the world.  According to Herbert Simon there are three steps of decision making. These steps are intelligence, design and choice. 1. Intelligence- it is the first step of decision making. In this step manager collects facts, figures, data and analyse the data by a systematic way. 2. Design- it is the second step of decision-making. In this step manager arranges the information by a systematic way and find out many alternatives that may be useful for the organisation and solve the problem of the organization. 3. Choice- it is third and very important step of decision making. In this step manager consider all alternatives and choose one of the best alternatives a

Every manager performs many functions to achieve the goal of the organization. These functions are planning, organizing, staffing, directing, and controlling. Besides the above, he also performs many other functions. These other functions are coordinating, motivating, maintaining, and decision making. All functions are important but decision-making is a very important function because it ensures that all functions perform effectively and efficiently. The process of searching all alternatives and choosing one of the best alternatives according to the strength of the organization. This process is called decision-making. In other words, we can say that decision-making is the process of finding and selecting one of the best alternatives among all alternatives that are present in the market best to the organization to achieve a predefined goal. There are many steps of decision-making. These steps are as below: 1. Identify the need for decision- There are many types of problems present befor