organizational chart

Meaning of Production Standards Production standard is a criterion or yardstick or benchmark. It is used for measuring the production of the company.Production standards are fixed for raw materials, production process, tools and equipment, workers, conditions of work, speed of work, quantity of output, quality of output, etc.Production standards are mostly expressed in quantitative terms. That

Meaning of Inquiry Commission The commissions of inquiry are always set up in India under the provision of The Commissions of Inquiry Act, 1952. The task of such a commission is to collect all the relevant information, data and concerning documents, etc., for its examination and to determine its conclusion on the subject matter of public importance. The Government's duty is to see to it that

What is Droit Administration? Droit Administration is a unique characteristic of the administrative setup of France.According to British Jurist Albert Venn Dicey (4th Feb 1835 - 7th April 1922), the Droit Administrative system is based on the following of two ordinary principles, namely:The government and its every servant possesses special rights, privileges and prerogative as against private

Definition of Marketing Audit The definition of marketing audit as stated by Abe Schuchman is as follows:�Marketing audit is a systematic, critical and impartial review and appraisal of the total marketing operation: of the basic objectives and polices and the assumptions which underlie them as well as the methods, procedures, personnel and organization employed to implement the policies and

Distinguish Between MIS and Marketing Research (MR) Following image depicts the ten main points which are used to make a comparison or distinction between MIS and Marketing Research (MR).Image credits � Prof. Mudit Katyani.Difference between MIS vs MR is based on the following ten points:Meaning of MIS and MR. Their basic or main purpose. Wide or narrow scope. General or specific nature. Number

Essential Requisites of a Good MIS The following image depicts the eight essential requisites of a good MIS.Image credits � Prof. Mudit Katyani.The essentials of a good Marketing Information System (MIS) is listed below:MIS must be unified and centralized. It must facilitate decision making. It must provide quick and accurate information. It must be economical. It must be selective. It must be

Components of Marketing Information System MIS Marketing Information System (MIS) collects, analyses, and supplies a lot of relevant information to the marketing managers. It is a valuable tool for planning, implementing and controlling the marketing activities.The role of MIS is to identify (find out) what sort of information is required by the marketing managers. It then collects and analyzes