Hierarchical organization is defined as a pyramid-like structure where one individual is in charge of the company with one or more subordinates subsequently under each…
Hostile Takeover: Meaning, Tactics, Disadvantages & Examples
A hostile takeover is defined in simple terms as a process where a business entity is purchased by someone against the wishes of the actual…
Impact Analysis: Meaning, Understanding, Types and Necessity
Impact analysis is defined as a structural approach adopted by the management level to determine the negative impact of change that has happened because of…
What is Internalization: Meaning, Benefits, Limitations, and Examples
Internalization is described as a transaction that is handled by an entity itself without transferring or routing it via an external source. This process applies…
Industry Analysis: Meaning, Types, Benefits, Limitations, and Necessity
Industry analysis is defined as an assessment tool designed to offer business entity a comprehensive idea about the complex nature of a specific industry. It…
Path-Goal Theory: Meaning, Style, Consideration, and Characteristics
The path-goal theory is defined as a leadership theory that specifies the behavior and style of a leader best suited to fit the work environment…
Management Control: Meaning, Types, & Features of Management Control
Management control is defined as a process that helps to achieve organizational goals. The teams or an individual within a business entity is forced to…
Management Control System: Objectives, Functions and Advantages
The management control system is also referred to as MCS and is defined as an informal as well as a formal framework that an organization…
The List of 13 Retail Promotions to Attract Customers
It is easy to conceive a dream to have your own business. You can’t sit and wait for customers to walk in your store after…
Horizontal Diversification: Conglomerate and Concentric Diversification
Before understanding Horizontal Diversification, you should know what diversification is? Diversification is a corporate strategy that is used to bring new products into existing market…
Complete History of Retail Industry and the Future of Retail Industry
Early History of Retail Industry The history of retail spans a long timeline. There are archaeological shreds of evidence for water systems and trade which…
What is Retail Strategy? Different Retail Strategies to Boost Sales
A detailed marketing plan related to the of the business, its targets and ways and methods to achieve it, in relation to retail is known…
Information Overload: Definition, Causes, and how to Avoid it
Information overload is a problem of modern times. People started sharing information on the internet to help people and to help people in making decisions….
The 7 Important Steps Retail Planning Process you Should know
In this article, you will learn about the steps involves in the retail planning process. In the retail planning process, a retailer decides about the…
Sales Contest: How to create them, Advantages and Disadvantages
The sales department is the only department which helps in generating revenue, and it is important to keep the salespersons motivated and maintain a stimulating…
