Conflict management is defined as the necessary steps taken to handle the disagreements between two or more parties. What is Conflict? Conflict is defined as…
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Business Model Canvas Explained (with Benefits and Usage)
Business Model Canvas is a strategic management template or the structure of a business plan. It enables you to enlist all the building blocks related…
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What is Communication? Importance, Elements & Types Explained
Communication is a way by which meaningful messages can be conveyed across people to convey ideas. Any kind of medium may be used by communication…
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What is Distributive Bargaining? Importance, Advantages & Example
Distributive bargaining can be defined as a scenario where two or more parties try to divide a fixed resource. The process of distributive bargaining usually…
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Business Model of Amazon and How Amazon Makes Money
The business model of Amazon revolves around industries related to E-Commerce, Cloud Computing, Artificial Intelligence, Digital Distribution, Consumer Electronics, and Self-driving Cars. Amazon’s business model…
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Communication Theory: Definition, Framework and Theories
The communication theory is a simple statement proposed by S. F. Scudder that all living beings communicate through different communication methods. What is Communication Theory?…
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What is Career Break? And Why it is Necessary (with Ideas)
We are humans, and it is entirely normal for us to feel burnout at some points in our life. We all feel like taking a…
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The Complete Guide to Advertising on Instagram (with Steps)
Do you want to how you can promote your brand on Instagram? Then being aware of best practices of advertising on Instagram can enable you…
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What is the Main Business Model of Insurance Companies?
The business model of Insurance Companies channelizes through revenue generation by putting money on risk. They bet on the risk that their policyholders will not…
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Attrition: Definition, Working, Types, Pros and Cons
As a workforce, talent, or human resource management process, attrition revolves around the deliberate downsizing of the workforce or employees via retirement, resignation, sickness, or…
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What is Cash Flow Forecasting? Definition, Objectives and Methods
A cash flow forecast is defined as a projection of the future position of the organization in terms of financials, receivables, and anticipated payments. What…
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Knowledge Management: Meaning, Strategies and Advantages
Knowledge Management is a systematic process that involves handling, overseeing, and understanding all kinds of knowledge databases within an organization, including the intangible skills that…
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Managing Services: History, Advantages and Challenges
The practice of outsourcing the responsibility for anticipating and maintaining the need for a complete range of processes as well as functions to improve the…
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Business Model of Microsoft & How Does Microsoft Make Money?
Microsoft, an American multinational technology company, is the leading company of technology in the world. The business model of Microsoft develops, designs, supports, licenses, and…
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Berlos Model of Communication Explained
David Berlo set Berlos model of communication in the 60s. This model is also known as the SMCR model of communication. Unlike the Aristotle model…
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Customer Profiling Definition and Benefits (with Steps Explained)
Customers are an essential part of every business. Whether your business will be a success or failure will depend on your customers. Therefore, a company…
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