What is e-HRM? e-HRM is the use of ICTs (Information and Communication Technologies) by HR departments and HR professionals to perform their roles in a…
Marketing strategy of KFC – KFC Marketing strategy
World’s 2nd largest fast food chain and largest chicken restaurant on the basis of sales is KFC, the successful brand of the parent company YUM!…
Domestic Corporation – Definition, Types, Advantages and Examples
What is a domestic corporation? A domestic corporation is a company incorporated in its home country. A domestic firm is frequently taxed differently than a…
Democratic Leadership – Style, Characteristics, Pros and Cons
What Is Democratic Leadership? Democratic leadership is a leadership style where group members take part in the decision-making process. The participative leadership style of good…
Dominant Strategy – Definition, Types, Outcomes and Examples
What is a dominant strategy? Dominant strategy is a situation in which one particular strategy is the best option for a player regardless of what…
E-Recruitment – Overview, Steps, Types and Advantages
What is e-recruitment? E-recruitment is an online recruitment process that involves various procedures of attracting, evaluating, selecting, recruiting, and onboarding job prospects. It is also…
Deming’s 14 Points of Management
What are Deming’s 14 Points? Deming’s 14 Points of Management are principles for transforming an organization from its current form to one of optimization and…
What is AIDA Model in Marketing? How to Use It To Increase Conversions in 2025
AIDA stands for Attention, Interest, Desire, and Action. It is a traditional marketing technique used to help determine the optimum strategy for producing leads and…
Commerce – Definition, Meaning, Elements and Business Models
Commerce is the exchange of goods, services, or something of value, between businesses or entities. Commerce is often seen as one of the fundamental pillars…
Chairman Definition and Responsibilities
A chairman is a managing official of an organization, committee, or meeting. In a company, a chairman is understood as the head of the board…
What is Deductive Reasoning? Definition and Examples
Deductive reasoning is a type of logical process in which a conclusion is drawn from one or more premises. This form of reasoning is often…
Delivered Pricing – Definition, Methods, Advantages and Disadvantages
What is Delivered Pricing? Delivered pricing is the price of a good or service that also includes the transportation cost. It is a type of…
Dependability – Definition, Meaning, Elements, Examples and Benefits
What is dependability? Dependability is the quality of being Dependable, i.e. being able to be relied on or trusted. Dependability is the ability of a…
What is Deferred Profit Sharing Plan (DPSP)? Definition and Advantages
A Deferred Profit Sharing Plan (DPSP) is a type of employee benefit plan in Canada. It is a way for employees to share in the…
Deep Assortment – Definition, Types, Strategies, Importance And Examples
What is a Deep Assortment? Deep assortment is the total number of SKUs that a retailer offers in a particular product category. Specialty stores with…