Management

Sources of Finance – Short and Long term

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SOURCE OF FINANCE     Sources of finance are the most explored area especially for the entrepreneurs about to start a new business. It is perhaps the toughest part of all the efforts. There are various sources of finance classified based on time period, ownership and control, and source of generation of finance.   The … Read more Sources of Finance – Short and Long term

Capital Structure

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CAPITAL STRUCTURE The financial requirement of a firm can be met through ownership capital and/or borrowed capital. The ownership capital refers to the amount of capital contributed by the owners. In case of a company, it refers to the amount of funds raised by issuing shares. The main characteristic of the ownership capital is that … Read more Capital Structure

Cost of Capital

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COST OF CAPITAL   The primary meaning of cost of capital is simply the cost an entity must pay to raise funds. The term can refer, for instance, to the financing cost (interest rate) a company pays when securing a loan.   In other words, Cost of capital refers to the opportunity cost of making a specific investment. It is the rate … Read more Cost of Capital

Basics of recruitment, selection, induction, training & development

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Basics of recruitment, selection, induction, training & development Recruitment (hiring) refers to the overall process of attracting, shortlisting, selecting and appointing suitable candidates for jobs (either permanent or temporary) within an organization. Recruitment can also refer to processes involved in choosing individuals for unpaid roles. Managers, human resource generalists and recruitment specialists may be tasked … Read more Basics of recruitment, selection, induction, training & development

Appraisal System

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Appraisal System Performance appraisal is a vital tool to measure the frameworks set by any organization to its employees. It is utilized to track individual contribution and performance against organizational goals and to identify individual strengths and opportunities for future improvements and assessed whether organizational goals are achievedor serves as basis for the company’s future … Read more Appraisal System

FUNCTIONS OF MANAGEMENT – STAFFING    

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  Staffing refers to the managerial function of employing and developing human resources for carrying out the various managerial and non-managerial activities in an organisation. This involves determining the manpower requirement, and the methods of recruiting, selecting, training and developing the people for various positions created in the organisation.   Staffing function is an integral … Read more FUNCTIONS OF MANAGEMENT – STAFFING