An Intro to GMAT – The WHAT and WHY  The GMAT exam positions you for success in your career and a high score on the GMAT or GRE can make or break your acceptance into a top business school . Learn why the GMAT exam is the test of choice among students worldwide, and why employers demand and appreciate the skills determined by  the GMAT exam. Preparing for the test necessitates  learning the ins and outs of the exam and having a perfect  study plan to be a star performer. What is the GMAT exam, and who must take it? The Graduate Management Admission Test is a 3½-hour standardized exam intended to gauge how test takers will perform academically in MBA (Masters in Business Administration) programs. GMAT scores are used by graduate business schools to make admission decisions. It is also referred to as the GMAT CAT. The acronym CAT stands for Computer Adaptive Test. Essentially, only two of the exam’s four sections (Quantitative and Verbal) are computer-adaptive. The GMAT can be taken only by computer now, except that in certain remote locations outside North America a paper-based version of the exam is available instead. The GRE is a general entrance test for graduate school applicants, while the GMAT is specifically for prospective business school students. Sitting for one of these two exams is a requirement for most MBA programs. Why the GMAT Exam? Acknowledged by more than 6,000 business and management programs worldwide, for nearly 60 years, the GMAT exam has been the choice of students for the simple fact that, no other exam lets you showcase the skills that matter most in the business school classroom and in your career. Business schools use and trust the GMAT exam to make admissions decisions. This competitive exam – created by the Graduate Management Admission Council (GMAC), the global non-profit council of business schools – sets the standard for its ability to predict success in the classroom. The GMAT exam measures the skills you possess and the skills schools demand. It serves as a platform to showcase the skills that matter most – to schools and businesses – with the GMAT exam’s unique Integrated Reasoning section. The GMAT exam is relied on more by graduate business schools worldwide. The GMAT exam works – for you and them – and is accepted by more programs and schools than any other individual graduate management school exam. “Winning is not a sometime thing; it’s an all time thing. You don’t win once in a while, you don’t do things right once in a while, you do them right all the time. Winning is habit. Unfortunately, so is losing.” — Vince...

Scope of  Management Management determines the very survival of the organization Management concepts are applied in both business and non-business organizations In countries like USA the demand for management consultants is widespread and they have more clients from 1)      Government 2)      Hospitals 3)      Universities 4)      Schools 5)      Professional associations 6)      Community agencies etc.   In India it is sad to see that only graduates coming out of reputed business schools being placed in the cream of positions by the corporates and others who pass out from the so called second grade institutes struggling to ground themselves. Many institutes offer management courses in the undergraduate and graduate levels for name sake, fail to implant the core purpose and perspective of the concepts of management in the minds of individuals. Also lack of expert faculty who have wide exposure and industry experience make the course dull and lifeless.   Coming back, Management is said to be “Universal” and applied to all the organizations of the society, whether it is large or small, profit making or non-profit making, and a manufacturing or service enterprise Managing is the key social function and management is the effective, integrative,constitutive, determining, and differential organ of the society Management is the organ of leadership, direction and decision in a business enterprise and responsible for producing the results Management has evolved as the most lucrative academic discipline by itself offering huge scope for the graduates to perform and excel  as teachers. Management faculty are in great demand all over the world and are as well compensated for their services. New disciplines of management like Public Health, Health care, Information Technology, Labor management are gaining importance Effective management is aimed at improved productivity ( efficient people produce effective results-so ‘RIGHT PEOPLE FOR THE RIGHT JOB’ becomes essential)     Pic Courtesy: Coschedule The society has various facets like government, suppliers, local community, competitors, unions, stock-holders, customers etc. The manager is the spokesperson in-charge of negotiating and spending much of his time to predict and influence the future environment and take pro-active measures. This is the managerial function relating to the environment....