The reflective practice revolves around the concepts of learning from different life experiences. In this, we analyze our past responses in some situations, the outcomes…
Organisational Strategy – Definition, Meaning, Features
Definition Organisational strategy is defined as a dynamic roadmap that explains how a company needs to evolve so that it can meet its goal and…
Organizational Theory – Definition, Meaning, Types
Definition Organizational theory is the study of corporate designs and structures. It also deals with the behaviour of individuals or groups in the organisation and…
Localization vs Internationalization – Differences Between Them
Localization and Internationalization – These concepts sound familiar, but they are very distinct from each other. These activities are referred to like the one in which…
Trustworthiness – Characteristics and Importance
Trustworthiness is the quality of an individual or thing that ensures dependability, credibility, and truthfulness. As an essential moral value, trustworthiness can also be understood…
Formal Organisation – Definition, Meaning, Guidelines, Functions
Definition A formal organisation is defined as an organisational structure where the rules are established in place for undertaking operations and processes. These rules are…
Organizational Effectiveness – Definition, Meaning and Six systems
Definition Organizational effectiveness is defined as a concept to measure the efficiency of an organization in meeting its objectives with the help of given resources…
Organizational Behaviour – Definition, Meaning, Types, Objectives
Definition Organizational behaviour is defined as the behaviour of human beings in their workplace or only in a corporate setting. It studies the impact that…
Organizational Skills – Meaning, Types, Advantages with Examples
Definition of Organizational Skill Organizational skill is defined as the ability to use processes to get things done admirably and effectually. It is not inherent…
Business Portfolio – Definition, Meaning, Examples, Management
Definition: A Business Portfolio is a combination of various products, services and business units that make up a business. By observing this portfolio and each…
Network Marketing – Meaning, Types, Features, Advantages
What Is Network Marketing? Network marketing is a business concept where people sell items or services through their networks. This empowers a workforce that can…
Cost Leadership – Strategies, Advantages, Disadvantages
In simple terms, cost leadership can be explained as when a company tries to get a competitive edge by reducing the price of the product….
Adams Equity Theory of Motivation – Definition and Meaning of Equity
Definition Equity theory is a concept where people want the ratio of their outcomes to be nearly equivalent to the ratio of a referent person…
Information Processing – Definition, Tools and Stages
Information processing, as the name suggests, is about processing information in a manner that is noticeable to an observer. It is a method that allows…
Target Population – Definition and Examples
In this article, you will learn about what is target population, the definition of the target population, and a few examples of the target population…
What is Whitleyism? Meaning and Internal Characteristics
Whitleyism is a system used by English industries to solve matters about hours, wages, and such. It is a system of voluntary permeant board mostly…
What is Guerilla Marketing? Definition, Types, Ideas & 10 Examples to Inspire You
Guerrilla Marketing, named after the surprise tactics synonymous with guerrilla warfare, is an innovative advertising strategy designed to catch its target audience off guard. This…
How to Determine Selling Price? Calculation and Usage
Selling price is defined as the price at which a particular commodity, product, goods, or service is sold to the buyer by this weather. Generally…
What is Idle Time? Types, Causes, Control and Analysis
Idle time is defined as the unproductive time of either the machines or the employees that is caused by the management because of factors that…
Stakeholder Management – Overview, Principles, Types, Pros, and Cons
The process of systematic analysis, planning, finalizing, and implementation of pre-designed actions to engage with stakeholders is called stakeholder management. Management and engagement are possibly…
What is Intrapreneurship? Intrapreneurs vs Entrepreneurs
When an employee acts as an entrepreneur while working in a company, the whole process is understood as Intrapreneurship. Many get confused between entrepreneurship and…
Absence Management – Definition, Objectives and Benefits
What is absence management? Absence management is a program that is designed to control the absenteeism of employees in an organization. Employees of an organization…
Flexible Staffing in Business: Definition, & Advantages
Flexible staffing, as the name suggests, is hiring staff or workforce as an alternative for some of the regular and permanent employees in an organization….
Frame of Reference – Definition, Meaning, Principle, and Examples
Definition The frame of reference is defined as a process that enables comparing a product or service with other offerings from rival brands. It is…
Incidence Rate – Definition, Meaning, Types, Examples
Definition of the incidence rate The incidence rate is defined as a frequency evaluator that helps to measure an incident or a disease etc. that…
Leadership Development – Definition, Importance, Steps and Advantages
Leadership development is a type of strategic planning that organizations use for improving the leadership skills and abilities of employees so they can be well-trained…
Buyer’s Remorse: Definition, Meaning, Reasons and Prevention
What is Buyer’s Remorse? Buyer’s remorse is the feeling of unease or distress which follows a purchase. Buyer’s remorse is defined as the negative feeling,…
Content Analysis – Types, Importance, Advantages and Steps
Content Analysis is a research method used to determine a specific pattern of words and concepts given within the text or set of documents. The…
Cost Efficiency – Meaning, Components, Analysis and Steps
Cost efficiency is the ration of the cost to the output. In terms of an organization, it is every business’s objective to lower their expenses….
Crisis Management – Meaning, Need, Steps and Examples
Want to have a great plan that can safeguard your business from sudden emergencies, unexpected or disruptive events? Then incorporating foolproof Crisis Management Strategy for…
Organisational Design – Definition, Meaning and Examples
Definition of Organisational Design Organisational Design, as the name suggests, is defined as a process of identifying and designing the organizational structure. It reflects the…
Leader Pricing Strategy – Meaning, Pros And Cons
An adequate system of price setting is fundamental for any independent venture to survive in this competitive world. Adding overall revenues and advertising techniques, pricing…
Advertising Campaigns: Definition, Types & Examples
What is an Advertising Campaign? An advertising campaign is a series of related advertisements or messages to share a desired Idea or theme and is…
10 Strategies to Minimize Waiting Time of Customer
Waiting time is defined as the time in which a person has to wait to acquire a specific service or action after placing a request…
7 Steps To Conduct A Sample Survey
The sample survey is defined as the process or study in which the data is obtained from a small representative population which is then estimated…
Test Marketing – Definition, Types and Examples
Test Marketing is a marketing method used by companies to test the viability of their products and services with a limited release in a test…
Money Back Guarantee – Meaning, Pros And Cons
Have you ever returned a product that you bought from any site? Well, if you have, then you must have seen that there is a…
What is Steeple Analysis? Meaning and Factors
Steeple analysis is one of the many strategic planning tool used by organizations for their strategic planning and positioning in the market. Most companies use…
Team Management – Meaning, Importance, Types, Examples
Planning to start a business or being ready for a management job profile and confused how you will manage the individuals with different skills, inclinations,…
Span Of Control – Definition, Meaning, Factors, Examples
What is the Span of Control? Span of Control can be defined as the total number of direct subordinates that a manager can control or…
