Definition: Sales discount is the amount that is reduced by the seller on a product so that the buyers pay less than the actual cost…
15 Organizing Skills Everyone Should Incorporate
Either you want to optimise performance, boost productivity, ensure scheduling and prioritise different tasks, organizing skills will be the most crucial one for you. Businesses…
What are Advertising Ethics? Definition, Principles & Tips
What Are Advertising Ethics? Advertising ethics is the way in which a company or a brand conducts itself and communicates with customers or buyers by…
How to Be Charismatic? Skills and Tips for Charisma
Do you want to come out of your introvert, shy and reserve life-style? Do you crave to be confident and creative to say things with…
15 Characteristics of a Great team player
Definition Team player refers to an individual who easily puts aside his aspirations for achieving the common goals of the team. He does his fair…
Locus of Control – Meaning, Types and Examples
What is Locus of control? Locus of control is defined as a degree or an extent to which an individual believes that he has control…
Utilitarian Organization – Definition, Meaning and Examples
Definition The utilitarian organization is defined as a formal organization where a group or individuals join to receive a monetary reward or any other type…
What is Crisis Communication? Importance and Steps
Does your business have a crisis communication plan? If your answer is ‘Yes’ then kudos to your foresightedness towards effective crisis management strategies- But if…
Professional Networking – Importance, Types and Tips
Professional networking is used to describe the building of relationships solely for one’s career benefit. The relationship is based on the mutual benefit of the…
Reverse Mentoring – Definition, Steps and Advantages
Definition Reverse mentoring is an initiative taken by the organizations to mentor the older executives by the younger employees who are well-versed in current trends,…
Critical To Quality (CTQ) Definition – Process and Benefits
What is Critical to Quality? Critical to Quality is the conversion of Critical to Customers factors into certain measurable and controllable manufacturing and/or delivery processes….
Traditional Marketing | What is Traditional Marketing?
Marketing is a method of attracting potential customers to buy your products and services. The process of conventional marketing consists of various processes such as…
Lead Time – Definition, Examples, and Importance
Lead time can be defined as the total time elapsed between the initiation of a process and the completion of the process. What is Lead…
Sales Account – Definition, Importance, Advantages
Sales account is defined as a record of all the transactions that are happening in the business, which include the sales carried out by credit…
Management as an Art
Management can be considered as an art and a science because it Shows the features of science as well as art. Because organization or organizing…
