1. EXECUTIVE SUMMARY :- The project deals in “Account Receivable Management with reference to the study of Colorlines Clothing India Pvt. Ltd”. Receivable management is one of the most important aspects of the organization‚ as it deals with the management of the outstanding. The profit of the company mainly depends on the accounts receivables. Therefore it needs a careful analysis and proper management. Debtors occupy an important position in the structure of current assets of a
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Commerce Department‚ LOYOLA COLLEGE Retail Management 1. Introduction 1.1 Retail Retail is the process of selling consumer goods and/or services to customers through multiple channels of distribution to earn a profit. Demand is created through diverse target markets and promotional tactics‚ satisfying consumers’ wants and needs through a lean supply chain. 1.2 Retailing Commercial transaction in which a buyer intends to consume the good or service through personal‚ family‚ or household us
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Personnel Management & Human Resources Management - The same wine‚ only different bottles – Human Resources Management Lecturer: Inga Wendelin Students: Tamara Milojevic – mita031089 Ezequiel Serrano – seez070489 Vincent Wolters – wovi221287 HIM Hotel Institute Montreux Autumn 2010 3C Word count: 2‚660 Personnel Mgt. & Human Resources Mgt. - The same wine‚ only different bottles - Table of Contents A. OBJECTIVES................................................................
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rom 1924[-]32‚ an innovative series of research studies was funded by the Western Electric Company at its Hawthorne plant in Chicago‚ then a manufacturing division of AT&T. The plant was one of the oldest in operation and employed approximately 25‚000 of Western Electric’s 45‚000 workers. The research proceeded through five phases: (1) The initial Illumination studies (1924[-]27) were aimed at evaluating the effect of lighting conditions on productivity; (2) the Relay-assembly Room studies (August
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Bureaucratic management Copyright © www.examrace.com Bureaucratic management‚ one of the schools of classical management‚ emphasizes the need for organizations to function on a rational basis. Weber (1864 − 1920)‚ a contemporary of Fayol‚ was one of the major contributors to this school of thought. He observed that nepotism (hiring of relatives regardless of their competence) was prevalent in most organizations. Weber felt that nepotism was grossly unjust and hindered the progress of individuals
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__________________________________________________________________________________________________ Subject Code : 12219 Q.1 ( A) a) WINTER – 12 EXAMINATION Model Answer Scientific Management is defined as “Art of knowing exactly what is to be done and 04 the best way of doing it.” Scientific Management is the result of applying scientific knowledge and scientific methods to the various aspects of management and the problems that arise from them. It tries to make the best use of production resources i.e. manpower‚ machines‚ materials‚ money
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economies around the world. It has 179‚000 employees and is a culturally-diverse organisation with its top management coming from 24 nations. Internationalisation is based on the principle of local roots with global scale aimed at becoming a ‘multi-local multinational’. The genesis of Hindustan Unilever (HUL) in India‚ goes back to 1888 when Unilever exported Sunlight soap to India. Three Indian‚ subsidiaries came into existence in the period 1931-1935 that merged to form Hindustan Lever in 1956
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WASTE MANAGEMENT With a population of over 1.2 billion‚ rapid urbanization and modernization of India is simply inevitable. Most of the cities are under-prepared for the rapid growth‚ because the infrastructure lacks serious development. Waste Management has become a matter of great concern to most city corporations‚ and there have been some instances of management collapse even in metropolitan cities in the year 2012. All this build-up took place within a single decade‚ which is why many corporations
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Analysis of Management in an Organization All organizations depend on group efforts. Teamwork and group action have become necessary in every day of life‚ and it will lead to the success in group efforts. The management will be very important to the groups because it can helps to achieve group goals‚ provides maximum resources to his or her team‚ minimizes the cost‚ establishes sound organization‚ and generates more welfare to his or her team. Management functions‚ manager’s skills‚ management control
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Challenges of Management Management is an important organ of the modern society. The decisions of management in government‚ business and other organizations constitute a powerful social force which is vital to the effective functioning of the contemporary society. Management is that organ of the society which is given the responsibility of making the productive use of resources for the betterment of the society. The term ‘management’ is also used to represent an organized body of knowledge which
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