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Showing posts with the label Commerce Management

Types of Recruitment

 There are two types of recuitment . One is internal recruitment and second is external recuritment  1.Internal recruitment- It is the first type of recruitment. The employees who work inside the organisation they are promote higher post The process i called internal recruitment. 2. External recruitment - It is the second type of recruitment. The process in which we hire capable candidates outside the organisation this type of recuirement is called external recuirement. * Source of internal recruitment -  There are three sources of recruitment . These are transfer, promotion, reemployment. Transfer-It is the first sourse of internal recruitment. The process in which working employees are promote for one place into other place at similar post or current position to higher position this process is called transfer. *Promotion - It is the second source of internal recruitment. The process in which employees are promote current position to higher position. This process is call...

Recruitment Nature,Objective

 Staffing  is an important function of management  that is used to grow and achive the goal of organisation.There are a number of functions involve in staffing process. These functions are human resourse planning, recruitment, selection, training and performance appraisal. Among all recruitment is the second and most important function of staffing. According to keith davis- Recruitment is the process of finding and attracting capable applicants for employment. The process begins when new recruits are sought and ends when their applications are submitted .  According to edwin B.flippo- Recruitment is the process of searching for prospective employees and stimulating them to apply for jobs in the organization . According to me Recruitment is the process of searching and hiring talented, capable and qua;ified candidates towards orgnisation at right time. In other words we can say that Recruitment is the process of attracting, shortlisting interviewing and choosing one o...

Objective of Business.

The objective of business is very wide because it covers the whole universe but some important objectives we may classify under following cateogries. Economic objectives- Business is an economic activities that is performed on the behalf of money to provide product and service to fulfill the need want desire of customers so its economic objective is as below- To earn profit-Profit is life blood of organization.It plays an important role to survive growth and expandation so every organization wants to earn maximum profit. Optimum utilisation of resource-Every organization has less resource whereas they have to perform maximum function so they want to use their resource in such type of way that every function subfunction performs by effective efficient way so optimum utilisation. Survival- It is also an important objective of Business todays market is full of competition every large scale company, multi national company produce every type of product and present every cornerof the world...

Feature of Joint Hindu Family.

We know that business is a universal function that is performed every corner of the world to fulfill the need,desire,demand,want of people to increase their living standard.There are many forms of business.These are Sole Propritiership, Partnership,Joint Hindu Family, Joint Stock Company,Cooperative Socities and so on.Every form of business has its own merit,demerit,features application and so on.Among all Joint Hindu Family is one of the popular form of business.It is present and popoular in India and other country,continent where Hindu live. A Joint Hindu Family is a group of relatives tied together by ties of kinship and marriage and descended from a common ancestor.It consists children, children's children down the line spouses. * Features of Joint Hindu Family - There are many features of Joint Hindu Family.These features are as below- Natural Formation- It is created natural. It can not be formed by any agreement or contract. No registration require- It is second features of ...

What is Staffing & it's Steps.

 There are many Functions Manager performs. These Functions are Planning, Staffing, Directing & Controlling. Every Function is important & plays an important role for the growth & profit maximization of organisation. Among all Staffing  is one of them. Staffing is the process of hiring appropriate candidate for appropriate post to get their best talent, knowledge, skill, wisdom,to make the function of organisation more effective, efficient to achieve goal.   In other words we can say that staffing is the process of  recruiting, selecting, taining of Human Resource Force to make organisation more productive and earn maximum profit. * Steps of Staffing- There are many steps of Staffing. These steps are as below- To estimate Human Resource Force- It is the first steps of Staffing process. We forecast required number of  Human resource force. In this process we calculate the features of Human Resource force like  knowledge, talent, skill, wisdom, ex...

Human Resource Planning & it's Objectives.

 Planning is an important function of Manager that is made for the growth and profit maximization of organisation. Planning may be different type. Human resource Planning is one of them. The Planning that is made to fulfill future Human Resource need and make our function more effective, efficient to achieve our goal this type of planning is called Human resource Planning.    In other words we can say that Human Resource Planning is an advance function of  Staffing that is made to make organisation more effective, efficient to crush competition and achieve goal. * Nature- It is an internal function of manager. It belongs to staffing. It is forecasting based function. It is future oriented function. It is a formal function. It is a scientific function. It cares every aspects of Human resource force. It is anticipation approach. It is a global approach. * Objective- Adequate Supply- It is the first objective of Human Resource Planning. It ensures adequate supply of Hum...

Public Enterprises in India and their main Contribution

We know that Public Enterprises are established owned and controlled by Union Government or State Government or any Territorial government.There are many contribution of Public Enterprises for the development of India.These contributions are as below- 1.Capital Formation-The Public Enterprises play a very important role to formulate of capital.In the period of First five year plan they formulate more than 50 percent of total investment. 2.Employment generation-It is the second contribution of Public Enterprises for the development of India.They generate many thousands job every year.There are two thirds of total employment of organised sectors generated by Public Sectors. 3.Regional development-There are a number of regions like North India,Eastern India that do not possess much land,raw material,water,finance so Private Enterprises do not want to established their business in these region.Pubic Enterprises are established all these regions and make regional development of country. 4.T...