Management Articles & Notes

This page is dedicated to management articles, notes, tips and resources. You can find articles on a variety of topics related to management here.

 

In simple words, management is the art of getting things done through others. In other words, management in all business activities is considered the act of coordinating the efforts of individuals to achieve objectives and goals making use of available resources wisely. Management is frequently covered as a factor of production together with equipment, materials, and funds. Management includes the manipulation of human capital within an organization to help with the success of a business. In a commercial business, the main function of management is the satisfaction of a number of stakeholders. This usually requires making a profit, producing valued goods at affordable prices, and giving rewarding job opportunities for workers.

Confirmability in Qualitative Research

The idea of Confirmability in Qualitative Research is the investigator’s comparable concern to objectivity. There are numerous approaches for improving confirmability. An audit strategy is a key technique for establishing confirmability. An important criteria for confirmability is the degree to which the researcher confesses his personal predispositions.

Dependability in Qualitative Research

Dependability is an assessment of the quality of the integrated processes of data collection, analysis, and theory generation. Dependability could be considered the researcher’s account of the changes included in any setting in addition to changes to the research design as learning unfolded. A dependable study must be consistent.

Credibility in Qualitative Research

Credibility in qualitative research indicates the confidence of the data. Credibility exists in case the research outcomes reflect the opinions of individuals being studied. It is an evaluation of whether or not the research findings signify a “credible” conceptual interpretation of the data drawn from the participants’ initial data.

Advantages and Disadvantages of Focus Groups

In the business world, focus groups are widely used to test new products. It usually provides immediate ideas for the improvement of certain products or concepts. They are typically not as efficient in covering optimum depth on a certain problem. Individuals may be reluctant to voice their thoughts.

What is Research Design

In the most simple sense, the research design is the logical sequence which links the empirical data to a study’s preliminary research questions and, eventually, to its results. The purpose of a research design is to guarantee that evidence obtained permits us to answer the fundamental question as unambiguously as possible.

Characteristics of a Good Research Question

The research question is the uncertainty regarding something in the population that the investigator wants to take care of by making measurements on his study subjects. There is no shortage of questions. A poor question will definitely restrict research activities as it may lead to superficial outcomes. Avoid complexity or ambiguity in the question.

Importance of Fund Flow Statement

Funds flow statement is a vital financial tool that assesses the changes in financial position of a firm. Fund flow Statement aids to determine the various sources of funds and use of funds from transactions involved in the course of business. It is known with different names like: Statement of source and uses of funds, Summary of financial operations, Fund received and distributed statement, Inflow of Fund or Outflow of Fund Statement, etc.

Major Components of Research Design

The main function of the research design is to help avoid the situation where the evidence does not deal with the key research questions. A research design is concerned with a logical problem and not a logistical problem. A research design should include the five major components specified in this article.

Meaning of Research Design

Research design is what makes the whole research project work – without it, you simply have lots of data but absolutely no way of utilizing it properly or putting it together. Decisions related to what, where, when, how much, and by what means regarding a research constitute a research design.

Dealing with Cultural Differences in the Workplace

Culture differences in the workplace is essential to owning a successful business — heterogeneous teams offer far better solutions and critical analysis, which means you should structure and operate your business in a manner that encourages diversity. Since the workplace is much more culturally diverse than in the past, relating to co-workers can be a little more tough and the strategy you take may demand additional effort.