Categories
Legal Terms

Jurisprudence

The word jurisprudence comes from the Latin word ‘jurisprudentia’. Juris means law and prudentia means knowledge. So jurisprudence stands for “knowledge of the law” or “wisdom of the law” or “philosophy of the law”.  In general sense, Jurisprudence is the knowledge which deals with law. The study of jurisprudence started with the Romans. Bentham is […]

Categories
HR Audit

Introduction to HR Audit

Meaning of  HR Audit: A Human Resources Audit (or HR Audit) is a comprehensive method to review current human resources policies, procedures, documentation and systems to identify needs for improvement and enhancement of the HR function as well as to assess compliance with continuously changing rules and regulations. It is an important management control device to judge organizations performance and effectiveness […]

Categories
Consumer Protection Act

Need for Consumer Protection

A Consumer a King or a Victim: A Consumer is a person who purchases a product or avails a service for a consideration, either for his personal use or to earn his livelihood by means of self-employment. The consideration may be: Paid, Promised, Partly paid and partly promised. Consumers play a vital role in the economic system of any nation. Consumers […]

Categories
Political Science

Constitution of India – Fundamental Rights

Rights: Dictionary meaning of word “RIGHTS” is a moral or legal entitlement to have or do something. Rights are the claims to do or have certain things which are essential for complete development of every citizen, Using these rights citizen can live dignified life without any harassment or interference by the state or any other […]

Categories
Political Science

Making of Indian Constitution

What is the Constitution? The Framing of Indian constitution: Sessions of the Constituent Assembly: Important Committees of Constituent Assembly and Their Chairmen: Republic of India: Key Features of the Indian Constitution: Federalism: Parliamentary Form of Government: Separation of Powers: Fundamental Rights in Indian Constitution: Secularism:

Categories
Environmental Laws

Water (Prevention and Control of Pollution) Act, 1974

Indian Legal System > Civil Laws > Environmental Laws > The Water (Prevention and Control of Pollution) Act, 1974 > Introduction Introduction to Water Act: It is an Act to provide for the prevention and control of water pollution and the maintaining or restoring of wholesomeness of water for the establishment, with a view to […]

Categories
Statistics

Characteristics and Limitations of Statistics

Management > Managerial Statistics > Characteristics, Functions and Limitations of Statistics Characteristics of Statistics: Statistics are aggregate of facts: A single figure cannot be analyzed. A single figure relating to height, production, sales, birth, death etc. cannot be called statistics, but aggregates of such figures like height of students in a class, production of different models […]

Categories
General

Management in Different Perspectives

Management as a Process: The process is a series of inter-related functions. George R. Terry defines it as a distinct process consisting of planning, organizing, actuating and controlling performed to achieve stated objectives. In this perspective, management is creation, operation, and direction of the organization through systematic, coordinated and cooperated efforts of human and machine […]

Categories
General

Management – Perspective, Objectives and Effectiveness

What is management? The core meaning of management is the act of managing human, technical and financial resources. The person who performs these tasks is called the manager, It can be considered as an organized group (team) effort to achieve the set goals and targets of the organization. The various other definitions are as follows […]

Categories
Operation Research

Introduction to Operations Research

What is Operations Research? Operations Research is also known as management science, decision science or industrial engineering. It helps in providing quantitative aid to the management in a decision-making process. According to the Operational Research Society of UK, Operational Research is the application of methods of modern science on complex problems arising in the direction and […]