Core Management Principles and Organizational Structure
Core Management Principles and Organizational Design
Management Fundamentals
Management is achieving organizational goals through other people and resources. Managers must balance Effectiveness (doing the right things, achieving correct goals/outcomes) and Efficiency (doing things right, using time, money, and effort well).
The Four Management Functions (POLC)
- Planning: Setting goals and choosing actions/strategies.
- Organizing: Designing structure, allocating tasks/resources, and defining roles.
- Leading:
Macroeconomics Exam: Solow, Growth, Policy, Cycles
Macroeconomics Exam — Answer 3 of 10 Questions
Please answer 3 of the 10 questions attached below.
Solow Model: Steady-State Conclusions
1. Conclusion of the Solow Growth Model – The steady-state level
The Solow growth model shows that an economy moves toward a steady state in the long run. In this steady state, capital per worker and output per worker are constant. Investment is just enough to cover depreciation and population growth. Long-run growth of income per worker depends only on technological
Read MoreIndian Financial System: Components, Markets & Instruments
Explain the Financial System: Components & Indian Reference
Explain the financial system in detail. Describe its components and structure with special reference to the Indian financial system.
A financial system is the bedrock of any economy, acting as a complex network that facilitates the flow of funds from those who have surplus capital (savers/lenders) to those who need it for productive purposes (borrowers/investors). The primary goal of a financial system is capital formation. It ensures
Read MoreSustainability Principles and Sustainable Manufacturing Practices
Q1: Sustainability and Sustainable Development
Sustainability refers to the ability to meet present needs without compromising the ability of future generations to meet their own needs. It emphasizes balanced use of natural resources while maintaining environmental quality, economic growth, and social well-being. Sustainable development is a development approach that integrates environmental protection, economic development, and social equity.
The concept was clearly defined by the Brundtland Commission,
Understanding Non-Performing Assets in Banking
Non-Performing Assets (NPA)
Assets: Generate revenue for the future. Example – Car, Machines, etc.
NPA: An asset becomes non-performing when it ceases to generate income for the bank. NPAs are those loans that have stopped making interest or principal return for over 90 days (3 months).
Classification of NPA
- Sub-standard Asset: A non-performing asset that is overdue for less than or equal to 12 months.
- Doubtful Assets: An asset that has remained NPA for more than 12 months.
- Loss Assets: An asset that
Indian Financial Systems and Global Trade Dynamics
Unit III: Financial Institutions and Markets
Development Banking and Current Developments
Development banking refers to financial institutions that provide long-term capital for industrial, agricultural, and infrastructure development. Institutions like SIDBI, NABARD, and EXIM Bank support sectors that require large investments and patience for returns. They offer project financing, technical assistance, promotional services, and policy support.
In recent years, development banks have modernized through
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