Company profile is defined as a professional introduction aimed at capturing the attention of the reader and inform him about the company succinctly. It is designed to make a powerful impact and a
Management articles
8 Popular Training Methods and their Advantages
Training is defined as an organized process that helps people to learn skills and knowledge for a particular purpose. It is a basic concept that helps to develop a specific skill to a
Importance of Communication and its Benefits
Effective communication is a soft skill that is in high demand all around the world. It is a two-way pervasive process of exchanging information and reaching mutual understanding via verbal or non-verbal means.
Glocalization Definition – What it is, Examples and Advantages
Glocalization happened a few decades ago when companies decided to enter foreign markets to expand their business. Initially, it was hard for international companies to follow the business rules and regulations of a
What is Internal Environment? Definition and 11 factors
The meaning of the word environment is the surroundings or the area where an activity takes place. Various events take place in an organisation, and several employees work together to achieve a common
What is Landed Cost? Definition, Types and Calculation
Landed cost is a significant term for companies that are involved in importing business. Those businesses need to maintain small costs to ensure their profitability in the industry. The companies that don’t pay
Industry Life Cycle – Stages Of Industry
Definition The Industry life cycle denotes the evolution of the industry from the different stages it has to go through based on the characteristics of businesses involved in the industry. Some industries which
What is a Service Level Agreement or SLA? Definition, Importance and Examples
Service-Level agreement or SLA is a Commitment between the service provider and the client which covers multiple aspects of services. It covers a lot of ground and mainly covers availability quality and responsibilities
What is Resource Allocation? Definition, Role and Factors
Definition Resource allocation is a process which supports the company goals by managing authorities and assets in a result-driven manner to achieve strategic goals. In this post, we will dive deep into the
Zero Hours Contract – Advantages and Disadvantages
Zero Hours contracts are an agreement between an employee and a company that doesn’t have any fixed time. In this, the employee does not have any guarantees for the time to work. Zero
Total Productive Maintenance – Definition, Meaning, Objectives
Definition Total productive maintenance is also popularly known as TPM and is defined as an approach towards equipment maintenance. Its objective is to attain one of the best production processes by increasing safety,
Primacy Effect: Definition, Meaning, Causes, Examples
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
8 Characteristics Of Socialism – Advantages and Disadvantages
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
9 Characteristics Of Globalisation
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
Profit Sharing: Definition, Objectives, Methods
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.
Organizational Change Management – 6 Steps and Strategy
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
