Definition Planned Obsolescence is the purposeful introduction of limited life artificially for a product or a design of the product so that it becomes no longer functional or out of fashion or in
Definition The primacy effect is an ability to summon up information at the initial level. In psychology, it is defined as an involuntary bias that results in retaining information that a person has
Socialism is a political as well as economic system in which the distribution and production are owned by society. This is in opposition to capitalism, which promotes private ownership of the means of
A distribution system involves the delivery of material right from manufacturing, to distributors to the end customer. It consists of all the methods, procedures, equipment required for the flow of goods from a
The term marketing encompasses all those specialized activities and processes through which goods and services reach from the producers to consumers in such a way that the consumers’ satisfaction or utility is maximized
Globalization is geographic distribution and scattering of business, service, and or industrial activities by various means of an association like collaboration, joint venture, partnerships, or any such relevant partnership or by venturing solely
Money, as we all know, is a great motivator, and if an employee is offered a chance of owning a part of profits, it takes his motivation and contribution to the next level.
The word commercialisation is quite familiar to us, but we never try to understand it in detail. We see marketing every day through our eyes. Every single thing is commercialised well amongst us.
Descriptive research is a type of research that provides an in-depth description of the phenomenon or population under study. Descriptive research is neither in the category of qualitative research nor in the class
Organizational change management is defined as a framework that deals with changing needs and requirements of a company. It is a tool to develop, manage and implement cultural changes, changes in structure and
Freight forwarding is the shipment of goods from one destination to another through a single or several carriers via rail, ship, air or highway. It acts as an intermediary that provides logistics services
A negotiable instrument is defined as a signed document that can be transferred unconditionally in trading as a substitute for money. It is a written contract that is passed from the original holder
Are you planning to apply for a new job? Then the first thing you might be befuddling about is how to write a resume that can help you get a call for the
As the name suggests, corporate sales can be defined as the selling of a product or service to a business or an organization. In such cases, the deals are more often than not
Social entrepreneurship is an approach that is adopted by organizations where they invest in strategies that provide solutions for cultural, social, or environmental issues along with making a profit for the organization. Social
Green marketing is a category of marketing where products and services are promoted on the basis of their environmental benefits. Or Green marketing can be defined as the marketing of eco-friendly products which