Goal congruence refers to the consistency or agreement of individual or departmental actions with overarching organizational goals, ensuring alignment in pursuit of a firm’s central objectives.
Span of Control refers to the principle of management stating the number of people a manager can supervise effectively. The ability to supervise people depends on various factors including the nature of the job, the professional level of employees, and their geographical location.
A pivotal work by Kenneth Blanchard and Spencer Johnson which encapsulates management principles through simplified, actionable techniques like one-minute praise or reprimand, aimed at increasing productivity and employee satisfaction.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.