http://www.referenceforbusiness.com/management/Log-Mar/Management-Levels.html

Hope this link is helpful.

Its a Strategic Management Concept. It helps the Management to Gauge in terms of Companies overall operation - Where are We now, Where do we want to go and How do we reach there?

Basically it helps the Organisation (management ) to measure its performance from 4 perspectives. These 4 perspectives should match or be in alignment with the Business objective or Vision and Mission of the Co.
There are a) Customer Perspective
b) Internal Operations or Business Process
c) Learning & Growth
d) Financial Perspective

Customer Perspective - Customer Satisfaction or Customer Delight.
Internal Operations - Improving the Operation to meet Customer Satisfaction and increase performance, Innovation and reduce costs.
Learning and Growth: Aims towards employees - Since Learning and gaining Knowledge is important in this competitive environment. So Training and Development of employees is Significant.
Financial Perspective - Achieving Profits and Satisfaction of Stakeholders, Shareholders and be competitive.

Thanks Shipra, for the answer. I now understand the difficulty

Hi,
I dont have any experience in recruitment, i am a fresher. But by seeing the above article i thought is..There is absence of Communication.
Not between the Candidate and Consultancy but between the Consultancy and the Company.
While entering into an agreeement, can there be a Clause included as to by what time the company shall let know the feedback.
I am not sure..if this clause can be added up or whether its there.
I believe there should be a Deadline for either openings are closings, if it needs to be systematic.
I agree to get a contract is Difficult in this immense competition but if this problem needs to be avoided, its better.

Nice

Thanks, nice information.

Its better to take some time off and think calmly.
Then start searching, maybe they can become entrepreneurs themselves or they can go for a midsized organizations, only thing is that one may have to compromise on salary a little, but its better to take it in a positive way. They can use their Experience and Knowledge in that Co, and can soon climb Career Growth..if at all they have Talent..i think.

very informative.