Free MBA Tutorials, Business Articles, Finance Tutorials

MBA Tutorials - Best Source of Free Business Management Tutorials

Corporate Culture

May 5th, 2010 | 480 views | No Comments

Corporate culture is a collection of shared values, attitudes, beliefs, assumptions, and norms that create clear and successful business principles and operations which are helpful to attain higher degree of HRM and customer satisfaction. It is useful to understand organizational functioning and structure which provide information and guidelines for organizational behavior.
Corporate culture works like a [...]

Process of Group Decision Making

April 22nd, 2010 | 464 views | No Comments

Group Decision Making
The term group decision making is used when a decision regarding any particular issue or problem, is taken with the cooperation of two or more than two persons with their mutual understanding. In group decision making, there is a leader involved, who judged, summarize and finalize the opinion given by all the members/entities [...]

Decision Making Process

April 20th, 2010 | 648 views | No Comments

Author – Saqib Parvez
The process of taking decision seems very easy but actually it is not, it has six steps associated with effective decision making process whether the decision is programmed or non-programmed.
Decision Making Process
Decision making process consist of six steps recognition of decision requirements, diagnosis and analysis of causes, development of alternatives, selection of [...]

Transformational leadership

April 20th, 2010 | 770 views | No Comments

Author – Sundas Jamil
The term transformational leadership was used for the first time by Downtown. (Northouse. 2009) The leadership style that creates a positive and valuable change among its followers turning them into leaders by motivating and inspiring them is known as transformational leadership.
Transformational leadership can be defined briefly as a process whereby a person [...]

Types of Decisions

April 19th, 2010 | 948 views | No Comments

Author – Saqib Parvez
Decisions are very important part in life; we take decisions at every moment in daily routine. If we choose a TV program to watch among several programs it means we took decision about which program to watch.
Decision is a choice made from available alternatives.
There are two types of decision:
•    Programmed Decisions
•    Non-programmed [...]

Defining Leadership; Leader VS Manager

April 18th, 2010 | 657 views | No Comments

Author – Sundas Jamil
Leadership is known to be the oldest preoccupation in the world. Leadership has long been an important debate topic as well as a driver of innovation for centuries. Leadership is said to be an important quality of a manager but not every manager is a leader. Both a leader and a manager [...]

MBO – Management by Objectives

April 9th, 2010 | 1,231 views | 1 Comment

MBO is a management method in which particular goals and objectives are jointly established by managers and employees for every department, project and organization. Responsibilities are assigned to every individual by superiors. Progress is periodically reviewed and the employees are rewarded on goal attainment according to their performance.
The term MBO was first used by PETER [...]

Market Penetration Strategy

March 8th, 2010 | 2,654 views | 1 Comment

A market penetration strategy seeks to increase market share of the current product or services in the existing market. This strategy adopted by the firms to raise their sales revenue without making changes in the products or services. The other dimension of market penetration is the existing market which means firm already offering products or [...]

Strategic Role of HRM During Recession

February 25th, 2010 | 1,649 views | No Comments

HRM is a strategic approach of managing the most valuable assets of any Organization, most important asset of any organization are those individuals who contribute or work for achieving the business objectives set by organizations. There are different terms which replaced HRM with the passage of time in managing the peoples in an organization i.e. [...]

Employee Training and Development

February 21st, 2010 | 1,407 views | 1 Comment

Employee training and development is part of the field of human resource management. It is concerned with activities related to the management of an organization, its aim is to better the performance of groups and individuals in an organizational setting. Employee training and development is known by many names, including human resource development, employee development [...]