LIVE MANAGEMENT EDUCATION

Human resource management plays an important role for the development of organization. There are many function of human resource manager. These function are job design, job analysis, training and development, compensation, performance appraisal, recruitment, transfer and so on. Every function plays an important role for the growth of organization. Among all transfer is also an important function that plays an important role for optimum utilisation of human resource force.  There are many types of transfer. These types are as below: 1. Production transfer- it is the first type of transfer. Production is the first and main function of organization. The process in which employees are forwarded to other department to production department to perform the activity of production by an effective, efficient way. This type of transfer is called production transfer.  2. Replacement transfer- there are many employees who work in organization for a short period for a particular type of fun...

We know that there are many equipments company use in production process.These equipments are convenors,Truck etc. All these equipments increase the production of organization. Material Handling is the movement storrage, control and protection of materials goods and products through out the process of manufacturing distribution process including there consumption and disposal.  In other words we can say that Material handling is the art and science of moving, storing, protecting, and controlling material. Materials handling is the movement and storage of materials at the lowest possible cost throw the use of proper method and equipment. Materials handling is the art and science of conveying,elevating,positioning,transporting ,packaging and storing of materials. Material handling is the function of moving the right material to the right place is the right time,in the right amount,in sequence and in the right condition to minimize production cost.  Example- 1.Chute canveyor...

 Production is the first main and very important function of business.  In 21 st century, Today most sucess company of world company Identify, Recognise in world Market due to production.  The process of changing raw materials into finished good with the help of plant and technology this process is called a Production.  Planning is the combination of policy, rules, regulations, so we can say that production planning is the process of making implementing, Executeing, policy, rules, regulations, law to maximise the production of organization maximum.  A/ Q to KIMBALL.  " The planning of industrial operations involves four consideration, namely, what work shall be done, how the work shall be done, how the work shall be done and lastly, when the work shall be done and kimball.  According to Ray wild, production planning is defined as follows.  " Production planning is concerned with the determination, acquirisation and arrangements of all facilities n...

It is also an important document that is essential to establish any company in any concern country. It is a collection of information that will use among members employees of organization among coming era when a company perform it's function.  In other words we can say that memorandum is the collection of facts, figure, data, information that will use by all members in coming era to perform the function of business by members.  ELEMENT OF MEMORANDUM:-  There are three element of memorandum. These element are heading, subject line and body. Advantage:-  1. It is a communicative tool.  2. It is a convenient so all members understand share, discuss to one another.  3. It is a collection of record that will use if any problem occurs before organization.  4. It is a guideline for new members who join organization and wants to know the sharing method of organization inside organization.  5.                  ...

Company is a formal firm of organization that is established according to predefine rules regulations,law of concern government. It is established to perform the function of business like production, demand forecasting, supplying, trading, etc at large scale on global way. There are many documents are essential for the establishment of company. These document are Article of Association, Memorandum and so on. Every document is essential and play an important role for the performing the function of business. Among all Article of Association is also an important document that is essential to play an important role in the performing the function of business.  In other words we can say that Article of Association is a primary document in which company explains nature, purpose, objective and function of company. It is submitted before government to establish any company in India. It contains many category, sub category, column in which the details of company is mentioned. It is also call...

Features of company- Company is a formal organization that is established according to rules regulations of concerned government. In India central government makes an act in 1956 for the performing of function of business in India. This act is known as company act 1956. There are many amendments in this act but it is the pillar of company in India. Every company that performs their function follow the rules, regulations of this act. The feature of company is as below- 1. Artificial legal person- it is the first feature of company. Company is an artificial person created according to rules regulations, law of country. So, company possess all types of right that a person possess.  2. Seperate legal entity- a company is a legal person. So, it has a separate legal entity. It can open bank account, issue cheque, accept cheque and so on. So, there is no formal relationship between company and founder.  3. Common seal- a company is a legal person. It has its own identification in the...

There are two types of sale in business. One is current sale and second is future sale. Future sale is an important part of sale that plays an important role to expand the business. The process in which two parties makes an agreement to sell products or services in coming era. This type of process is called contract of sale.  In other words we can say that the process in which two persons, organizations, company make an agreement or contract to sell any products or services in coming era. This type of agreement or contract is called contract of sale or agreement of sale.  Essential elements of contract of sale: There are many elements of contract of sale. These elements are as below- 1. Two parties- it is the first element of contract of sale. There are two persons, one person offers something to second person and second person accepts it.  2. Product- it is the second element of contract of sale. First person offers something to second person accepts something. This some...