Category: Business

Here are you speech on Gender-Based Discrimination in India:It is paradox of our Indian society, that on one side we worship the women Goddesses and on the other we meet out sub-human treatment to the women. In Indian society the position of the women has been always looked as less important than the male person. ADVERTISEMENTS: Since the time of Ramayana and Mahabharata women have always been easy victims of gender-based discrimination.Though after independence, women are becoming more self-reliant but still the problem of aggression against women by powerful continues, only mode of such aggression or discrimination has changed to some extent. Image Source: 185.26.182.219Gender bias is widely prevalent throughout women’s life span. Indian women have become an easy prey for discrimination and aggression based on gender.It is observed that…

6 Major Differences between Memorandum of Association and Articles of Association are listed below: Memorandum of Association: 1. It is the fundamental document ADVERTISEMENTS: 2. It is the Charter of the company.3. It dictates external and internal affairs of the company. Image Source: 185.26.182.2194. It has effects on the members as well as the outsiders.5. Ratification: No act can be ratified which is done beyond the memorandum: This is called as “Doctrine of Ultra Vires”. 100% members of the company also cannot ratify such ultra virus acts. ADVERTISEMENTS: 6. The memorandum of association is bound to observe.(a) The provisions of the Companies Act,1956;(b) Any other law in force. Articles of Association: ADVERTISEMENTS: 1. It is the subsidiary document.2. These are me regulations of the company.3. It dictates only internal affairs…

Network analysis is a managerial technique which helps to identify the interconnecting links in a single system. It is a useful tool in systems design which assists in recognizing or identifying the relationships that exist among the sub-systems.It is done by describing each segment or linkage of the system in terms of other components or activities of the system. Thus, it makes explicit the total system and the interrelationships among the parts. A network is illustrated by a flow chart or diagram. The flow of materials and/or information is measured as volume, specifications or time. Benefits: ADVERTISEMENTS: 1. It helps to reappraise existing systems and identify duplication and over-lapping that may detract from the effectiveness of the system design.2. It helps management to evaluate the sub-systems and their interconnecting networks…

The detailed procedures/steps involved in any Method Study investigation may be taken as: 1. Selection of the Job: The first step, once the Method Study idea is conceived, is the orientation and determination of objectives. The problem must be defined. Some common problems the Method Study investigator faces and is usually required to solve are:(a) Bottlenecks that disrupt smooth flow of materials or processes ADVERTISEMENTS: (b) Products that need to be produced economically by the application of cost-reducing techniques(c) Economic utilization of space, including land and buildings(d) Economic utilization of labour, material and plant(e) Elimination of idle item or non-value adding time caused by problems of flow, queues and congestion Image Source: cdn.abclocal.go.com ADVERTISEMENTS: While selecting the subjects for study, firstly, it is essential to remember that the ultimate objective…

5 Important Functions of Production Control are described below:1. Basic planning for developing policy decisions, stock holdings, delivery periods for customers, etc.2. Pre-production planning that includes capacity planning and also controlling the receiving of orders ADVERTISEMENTS: 3. Ordering of make-and-buy items including direct ordering, requirements planning and stock control4. Manufacturing control, including:(a) Shop load analysis(b) Shortage control ADVERTISEMENTS: (c) Avoidance of potential delays(d) Production scheduling(e) Maintenance of progress records5. Inventory management and store keeping Image Source: asme-dscd.org ADVERTISEMENTS: Organizations that offer competitive delivery dates to their customers are bound to attract more business and show a healthy growth. When making such offers, organizations have to take into consideration the sequence of activities associated with manufacturing and delivering the product. This production chart then needs to be matched with the quoted…

Depending on the nature of c, operations managers need to perform various managerial functions like, planning, directing, coordinating operations, decision taking, policy framing, controlling inventory, supply chain management, job scheduling, job-wise manpower allocation, etc.However, this is only an indicative list. Some organizations even assign the duties of chief executive officer to operations managers. In many organizations, we find the position of Chief Operating Officer at the operations level.The functions of a operations manager even though vary with the nature of the products or services, it can typically have following commonalities— Image Source: ceriusexecutives.com 1. Production Planning and Control: ADVERTISEMENTS: This involves deciding the course of action for actual production after the receipt of orders. Usually, Sales or Marketing Department receives or books orders from the customers and send their requisitions…