Employees are crucial for the success of an organization, making it important to select the right candidates. Therefore, better human resource (HRM) management is equally fundamental. Effective HRM ...

Financial management is a process that enables a business to plan, direct, organize, monitor and control its current and future financial resources and events. It involves applying the basic ...

Our Back to Basics department is extremely popular. I think one reason why is all of us recognize the value of describing something simply, getting to the root of the problem, and applying basic ...

Henri Fayol’s management theory – the foundation of administrative management – offers a timeless framework of 14 principles that continue to shape business leadership today. This foundational model ...

Abstract: Financial regulation is in line with macro-management and should follow some basic principles of management. In specific terms, the regulatory concepts, the setting and division of ...

Frederick W. Taylor – widely regarded as the founder of scientific management – revolutionized how businesses operate by introducing time-motion studies, standardized processes and incentive-based ...

Organized religion has often been accused of becoming a business. More recently, there is talk that the management of business has become a religion. According to Schumpeter in this week’s edition of ...