Personality traits are characteristics which separate an individual from the others. Personality traits of a person reflect the distinctive characters such as emotions, feeling, behavior, actions, the attitude of a person. Personality traits
Reinforcement Theory: Meaning, and Examples of Reinforcement Theory
Definition The theory of reinforcement is considered as motivational theory and is defined as the process of molding for shaping the behavior of an employee by the employer by controlling the after-effects for
Reverse Mortgage: Meaning, Examples, & How to get Value from it
A reverse mortgage is a financial product for people of age 62 and above who are homeowners. They can use their property to mortgage to a financial institution and in return financial institution
Markdown Pricing – Different Types of Markdown Pricing Explained
Making changes in your business strategies with the change of the market trend is important to stay relevant. Retailers must keep themselves up to date about the products that they sell. Merely knowing
Coupon Pricing: Where to Distribute and How to Design your Coupons
Designing coupons is an effective way to display your creative side. But there is one thing certain that all coupons should contain some features on the coupons whether the coupons are for products
Management By Exception: Meaning, Advantages, & Disadvantages
The role of a manager is significant in an organization. He is responsible for the smooth flow of work in the organization. This requires his attention to various tasks of different importance. The
How to Improve Interpersonal Skills?
Interpersonal skills are essential tools for every professional life. Right from the first day in the office to first interaction with the customer of the day of retirement interpersonal skills from valuable assets
10 Reasons Interpersonal Skills are Most Important
Interpersonal skills are something that we keep on learning and updating throughout our lives. The skills are external as well as inherent to us. Experiences nurture them and grow them. Some people are
What are the interpersonal skills? Explained with Examples
Often the skills that are required to deal with people or manage people is known as people skills or soft skills or also termed as interpersonal skills. Interpersonal skills are essential when employers
Sales Campaign: Basic Elements, Advantages, and Disadvantages
Companies use various tactics to promote their products and boost their sales. Advertising, marketing, free sample distribution, discounts are common tactics used by the companies. Sales campaign is also a type of strategy
Nominal Group Technique: Meaning, Key differences and 5 Steps
Nominal Group Technique can be defined as a technique to find the solution for the existing problem. Nominal group technique is slightly different from brainstorming as in this technique a member of the
Supplier Relationship Management: Objectives, Process, and Examples
Supplier Relationship Management is a step by step approach to measure contribution made by each supplier and their role in the success of your business. It also includes the tactics involved to increase
Angel Investor: Types, Advantages & Disadvantages of Angel Investors
The term “angel investor” was originally used to describe the investors who invested in Broadway shows, but nowadays this term is used to refer to all investors who invest their money in all
Conflict of Interest: Meaning, Causes and examples
A conflict of interest is a condition in which a person gas competing for loyalties or interests. It includes an individual who has two relationships which are against each other when it comes
Market Penetration: Techniques, Advantages and Disadvantages
Market penetration can be defined as the strategies or methods that are adopted by an organization or proposed in order to create or penetrate an existing market and establish a stable bottom in
What is Distribution Center: Role, Advantages, and Disadvantages
The distribution center is defined as a specialized place in a building or a warehouse which is stocked with the goods or products that are to be distributed to the resellers or the
