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Management by Objective (MBO)
15 May 2010
History: Peter Drucker formulated the term “Management by Objectives” in 1954 in his book ‘The Practice of Management’. In the early 1960s, Management by Objectives (MBO) became the fieriest topic in the world of management promising to bring about accountability, profitability and productivity. It became a popular strategic planning tool leading to a proper allocation of resources of all kinds.
The term MBO (Management by Objectives) was actually coined for the first time by Alfred P. Sloan in the early 1950s, though; Drucker was the one flesh out the term and bring it to the central position by comparing and contrasting managerial actions over supervision of activities.
Peter, however, himself decreased its significance in the 90’s when he said: “It’s just another tool. It is not the great cure for management inefficiency. Management by Objectives (MBO) works if you know the objectives, 90% of the time you don’t”.
Sea Life London Aquarium
19 March 2012
The Sea Life London Aquarium located on the ground floor of County Hall on the South Bank of the River Thames in central London, near the London Eye. It opened in March 1997 as the London Aquarium and hosts about one million visitors each year. It is the largest aquarium in London.
Sea Life london Aquarium is one of the Europe's most visited sea life attraction with huge collection of sea life creatures. Sea life london aquarium is situated right next to the London Eye, just over Westminster Bridge from Big Ben and The Houses of Parliament.
Kernel_task taking up RAM, Memory, CPU
27 March 2014
kernel_task taking up RAM and eating memory or high CPU / memory usage is a huge problem in Mac OS.In OS X you may find the process "kernel_task" taking up a large amount of RAM or CPU. Here is a 100% working solution/ fix to this problem.
This video demonstrates step wise process to fix kernel_task high memory usage problem or kernel_task cpu usage problem.Please watch it.Hope this can be of help.
Ten Principles of Economics
24 February 2011
These are the principles on how the economy works and consists of basic concepts and methods that economists use while doing economics. It offers an overview of what economics is all about and also explains the unifying central idea of the field of economics. Ten principles of economics broadly include first seven micro-economic principles and last three macro-economic principles. Mankiw’s 10 principles of economics are mentioned below:
1. People face trade-offs:
Something must be forgiven so as to attain one thing. Trade-offs between two choices is obvious while making decisions. For example, when a person goes to a theatre to watch movie, he is trading off the money he can use to visit restaurant, buy books, visit museum or, get other required things. At the same time he is also giving up time that he can spend working, playing, skiing, bike riding, studying or, doing some other task.
BBA vs ACCA
26 February 2011
BBA (Bachelor in Business Administration):
Bachelor's degree program in business administration/ business studies/ management studies are called by various names by the different universities. However, all are more or less the same course. Bachelor of Business Administration is a 3or, 4 years fulltime course that is designed to give rise to future professionals, rather than mere degree holders.
ACCA (Association of Chartered Certified Accountants):
The Association of Chartered Certified Accountants (ACCA) is a British accountancy body which offers the Chartered Certified Accountant qualification worldwide. It is one of the world’s largest and fastest-growing accountancy bodies. Time for ACCA varies with number of papers one appears in ACCA exams that is held on June and December. It consists of 14 papers i.e. nine fundamental papers and five professional papers.