SWOT Analysis : Meaning, Explanation, Usage, Process & Limitation of SWOT

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• Meaning of SWOT Analysis
  
• Explanation of SWOT Analysis
• Importance of SWOT Analysis
• Usage of SWOT Analysis in Entrepreneurship
• Factors For SWOT Analysis
• SWOT Analysis Process
• Limitations of SWOT Analysis
  

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SWOT Analysis

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SWOT Analysis Explanation: SWOT is one type of list or matrix that is consisted of four types of considering factors, such as... 

What Do You Mean By Operations Management?

Initial Word: Basically operations management rename of the production management.

Necessity, Importance of Management Principles for Organization and Manager

This Article is also applicable for:

• The necessity of Management Principles for Organization and Manager
• Benefits of Management Principles for Organization and Manager

Proper understanding and applying of management principles are very necessary for managers as these principles act as guidelines and direction for managerial activities.

Definition of Management

Management is an English word and the dictionary meaning of this word to manage or arrange something. Management is to get people to work together for the attainment of an organization’s goals.

In other words, management is a process of getting activities different types of elements completed efficiently and effectively with through people.

Principles of Management

A principle is like that it is express fundamental truth. It establishes cause and good relationship between different two groups or person or more variables things at any situation. Principles serve as a guide to thought and feelings and actions. We know that management is universal for the reason management principles are the fundamental of truth based on logic that provides guidelines in making managerial decision.

Features of Management

This Article Is Also Applicable For:

• Characteristics of Management 
• Nature of Management

Management is a process that ensures the proper use of people and resources elements for achieving pre-determined goals. Management process is universal. Management is a continuous, fast developing science and human activity.

7 Functions of Management

Functions of Management: The tasks which are taken to achieve organizational goal is called management. But what are in management functions we need to know. L. A. Allen said that, "Management is what a manager does." But what functions are operated by a manager?

Objective Of Management

Every human life has a goal. They build their family, business, organization, social organization for achieving this goal. To be successful in your business or organization you will need to have an objective or you will need to set an objective. For achieving your objectives, the management is very important.

Scope of Management

This Article is also applicable for:

• Fields of Management

At the beginning of the human civilization there was not good management system like European Union or a corporation like Microsoft or an inter-governmental alliance. But in that time people also used to run in groups, determined goals, take decisions and after all these activities have in today's management system.

Definition of Business Plan

The business plan has a long-term view of the business and its environment. A good plan should emphasis the strength and recognize the weaknesses of the proposed venture. Above all, it should convey a sincerity of purpose and analysis which lends credibility both to the plan and to the entrepreneur putting it forward.

What is Management Information System- Definition & Explanation

MIS is the short version for Management Information System or services.

Management information system, or MIS, broadly refers to a computer or technology based system that provides managers with the different types of tools to organize evaluate and efficiently manage all departments within an organization system.

Motivation is the Life of Management

Management is the combination of some factors like planning, organizing, staffing, motivating and controlling. So motivation is one of the most important parts of management. Basically, motivation is the way to inspire the employees. On the other hand, motivation is related to human behavior that can be fulfilled when a person gets good to behave, attitude and essential basic needs. With this motivation, the employees work freely in the organization.

Ways of Motivating Employees in an Organization or Incentives of Motivation

Motivation is an important tool of management. It is related to the mentality of the human being. Higher motivation produces higher morale and lower motivation produces lower morale in any job or work. There are some things that motivate the employees. Applying ways of motivation can develop employees motivation and job satisfaction.

General Causes of Low Motivation among the Employees

Motivation is the process which inspires the workers in their work and satisfied their needs. In an organization, all worker’s nature is not the same. There are some differences in their expectation. If management fails to motivate them, their output also will be lower for lower motivation. On the other side, Motivation is also related to morale. Because Lower motivation is a cause for lower morale. For this reason, Management should continue the motivation process.

Importance of Motivation for a Business Organization

Motivation is an important part of management. The success of the organization related to the motivation process. For achieving the organization goal, management needs to work with their employees. They have to make output at optimum dimension from employees. Motivation is a way of making that. Importance of the motivation has been discussed below.

8 Characteristics or Features of Motivation

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• Characteristics of Motivation
• Features of Motivation

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Motivation is a process which related with the workers mental satisfaction. Such motivation can be financially or non-financially. Usually, a motivated person is more productive then a demotivated person.

Different Types of Motivation or Classification of Motivation

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• The Classification of Motivation
• Different Types of Motivation
• Different Types of Motivation are Given on Business Organization

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Motivation is the process that inspires the workers in their work and satisfied their needs. This is related to the human mentality. 

Motivation helps to increase the production and employees activities of an organization. 

The motivation process should be continued. However, there are two types of motivation.
Now we'll discuss the types of motivation.

1. Internal Motivation
Internal motivation comes from the worker's mind. It usually depends on the job satisfaction, group environment, and management aspects, etc. Whenever an employee remains happy with his job, internal motivation grows.

2. External Motivation
External motivation comes from management authority. Speech of the authority is effective for external motivation. 

But this not enough, sometimes other steps also can be taken to motivate the workers. 

External motivation can be adjusted with the financial benefit because human needs being satisfied by money.

External motivation can be divided into two types.
such as... 

          A) Financial motivation
          B) Non-financial motivation.

A) Financial motivation
When the authority motivates the employees by giving financial support is called financial motivation. This is related to bonus, gratuity, residential support, etc. 

This motivation not only increases the production of the company but also increases the living standard of the employees.

B) Non-financial Motivation
Motivation is not only related the finance. It is also adjusted with the non financial activities. 

This is the technical way of inspiring the employees. like- security of the job, well behave, promotion, etc are the example of non-financial motivation.

As motivation is a continuous process, management should focus on it continuously. Different types of motivation are meant different ways of motivating employees, basically.

Motivation Process Explained

Motivation is a continuous process. It is summation of some continuous steps. The wants of human cannot be ended. When one want fulfill then another want come here. Motivation is one kind of human want or desire. So it cannot be ended. It has a continuous process with some important steps. Now we show these steps of motivation.

What is the Relation between Motivation and Morale

Motivation and morale both are subject to mental feelings. But they are strongly related to each other. We know that motivation is such a technique which is the process of creating and increasing inspiration or intention to work or job of an worker or employee. On the other side, Morale is the mental strength. Mental strength for a work is called as Morale. If the mental strength is high and strong then it is called high Morale. On the contrary, If the mental strength is low and week then it is called low morale.

Definition or Meaning of Motivation in Business

Motivation is such a process which is used to inspire,  increase stamina and work ability by mentally satisfaction among the employees or workers to their work or job in a organization. In brief, Motivation is something which inspires one to work self-intentionally.