Give the meaning of 'Money Market'.
Money market refers to institutional arrangements, which deals with short-term securities. These assets are close substitutes for money. It is a market where low risk, unsecured and short term debt instruments that are highly liquid are issued and actively traded every day.
Describe any five reasons which clarify that management is gaining importance day-by-day.
’Organising involves a series of steps in order to achieve the desired goals.” Explain these steps.
Principles of Taylor and Fayol are mutually complementary. One believed that the management should not close its ears to constructive suggestions made by the employees while the other suggested that a good company should have an employee suggestion system whereby suggestions which result in substantial time or cost reduction should be rewarded.
Identify and explain the principles of Taylor and Fayol referred in the above para.
With the help of any four points, explain the crucial role that organising plays in an enterprise.