The efficient and optimum control of production functions includes the mechanism of materials management to ensure quick, timely and correct inflow of resources into the production chain and a thorough monitoring of all finished goods as well as waste and by-products. The many aspects of production control, including supply, purchase, quality control and loading of materials are discussed in the papers, articles, discussion notes etc. included in this book. The authors are experts in their respective areas and other papers-presented at seminars or prepared by organizational teams-are equally valuable in throwing light on the ways and means of efficient and optimum materials management. This book is a valuable addition to existing literature available at the libraries of all Universities, colleges, institutions and management centres as the subject of materials management is an essential part of the management curriculum.

The declared objective of industrial policy in India is that the Government should control the "commanding heights" of key industries through an elaborate and vast system of public enterprises at both Central and State levels. The core sector covering iron and steel, coal, railways, power generation and other vital industries is managed, by and large, by the Central Government. The investment in these enterprises is of high magnitude, running into thousands of crores of rupees and therefore expectations of the performance of public enterprises are very obviously extremely high. On the contrary, the performance in question is of an erratic nature. Much criticism has been leveled against the way compilation is made from various sources, both public sector journals as well as literature available in semi-institutions. Together they constitute a valuable insight into the pros and cons of public enterprises management.

The modern firm functions effectively on all levels of financial activity on the basis of predetermined and perceived viable objectives. Several crucial factors are examined in this collection of papers, articles and extracts so as to provide the student and scholar of management the overview of the financial dynamics of business. The present book draws on financial management across a wide spectrum-budgeting, allocation, cash flow, production finances, cost reduction, zero-base budgeting, accounting in public enterprises, audit, viability of financial methods, and several other important areas. The book can be wholeheartedly recommended for purpose of supplementary reading at both graduate and post-graduate levels.

Personnel Dynamics of the Eighties; Work Simplification: Some Basic Elements; Job Evaluation and Work Study; Recruitment of Industrial Workers; A Background Note; Aspects of Training and Development; The Community Factors in an Industrial Organisation; Performance Assessment and Management by Objectives; Supervisory Development; Communication Barriers with Employees; Employee Representation: Prospects and Problems; Workers' Participation: An Experimental Field Study etc. are the major topics elaborately discussed in this book. This will certainly prove useful and informative for students, scholars and researchers in the field of Commerce and Management.