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Principle of Management     Principle of Management: In today’s fast-paced business world, effective management is the backbone of organizational success. It ensures that teams work cohesively towards shared goals while maintaining efficiency. Henri Fayol’s foundational ideas, introduced in 1916, continue to shape modern practices, emphasizing structured processes and clear decision-making1. At its core, management…

Liberalisation, privatisation, and globalisation have been key drivers of economic transformation worldwide. These processes have reshaped policies and market dynamics, fostering growth and integration across borders. In the context of India, these reforms have played a pivotal role in shifting from a mixed economy to a more open market system. Since the 1991 economic crisis,…