How to Ensure Effectiveness and Efficiency in Productivity

Management is concerned with high levels of productivity and for that management must maintain a perfect balance of effectiveness and efficiency.

Line and Staff Relationship in Organization (with Example Diagram)

For running an organization properly both line and staff member’s contribution is required and their relationship must be well defined in the organizational structure. Much …

Zero-based Budgeting: Definition Example Steps Process Advantages and Disadvantages

Zero-based budgeting (ZBB) is a budgeting process that asks managers to build a budget from the ground up, starting from zero. The idea is to divide organization programs into “packages” and then to calculate costs for each package from the ground up (Zero).