Planning to tour and looking for some heads up on some of the safest places for you to go on vacation? Then being aware of some of the most dangerous cities in the
Management articles
Portfolio Management – Objectives, Advantages and Disadvantages
Portfolio management is defined as a process at the corporate level for the successful delivery of the portfolio of an organization. This portfolio includes an entire set of projects and programs. Portfolio management
Open Door Policy – Meaning, Benefits and How it works
Open Door Policy is a management process where every single employee in an organisation can gain access to senior executives without being deterred by any layer of bureaucracy. It is a statement that
Employer Branding: Meaning, Process and How to Improve Employer Branding?
Employer branding is defined as a process that manages the reputation of an employer amongst stakeholders, employees, and job-seekers. It includes influencing outward forces to project the employer and his organisation as the
Difference Between Cycle Time And Lead Time – Cycle Time & Lead Time
Optimization of the production process is always on the mind of a manager. Lesser the production time of a product means more items can be produced in that time; Hence, more will be
Importance Of Negotiation in Career, Life and Better relationships
The method by which two or more parties discuss and settle their differences is called negotiation. In negotiation, a mutual agreement is reached and the importance of negotiation arises from the fact that
Management Consulting – Advantages of Management Consulting
Management consulting can be defined as when the management of an organization seeks the consultation of outside experts to manage their organizations effectively. The management consulting firm analyses the working of the organization
Importance of Knowledge Management – Knowledge Management
In this ever-changing and dynamic era of the business and corporate world, it is very crucial for the companies to constantly innovate and come up with the products and service offerings that are
Residual Value – Meaning and Calculation of Residual Value
One of the important components of leasing operation and calculation is residual value. It is the future value of a commodity or a good in monetary terms. It is an absolute value and
Secondary Data – Characteristics & Advantages of Secondary Data
When the data is collected by someone else and it is being used by someone other than the collector, then it is known as secondary data. Secondary data is important in the case
Scientific Management -Principles & Techniques by Frederick Taylor
The principles of scientific management can be attributed to a mechanical engineer named Frederick Taylor who devised ways to perform work efficiently. Frederick Taylor was a mechanical engineer in a steel corporation in
Risk Matrix – Meaning, Explanation and Basics Of Risk Matrix
Risk matrix is a tool that is used to assess the risk and its visibility by taking into consideration the probability against the consequence severity. It is a simple matrix that is used
Responsibilities of a Supervisor – 14 Functions of a Supervisor
A supervisor belongs to lower-level management. One of the prime responsibilities of a supervisor is to monitor and regulate the performance of employees for the tasks given to them. A supervisor has authority
Workplace Negativity- 7 tips to Manage Workplace Negativity
Before we start learning how to manage the workplace negativity, it important to first understand what negativity is? So that one doesn’t misinterpret its meaning and can detect and tackle as soon as
How to Build Your Credit Score -16 Guaranteed Ways to build Credit Score
Getting credit is becoming a challenge when you need financial aid or a loan for a specific purpose. It is imperative that a person starts early in life to build a good credit
How to Write a Business Letter -A Complete Step-by-step guide
A typewritten or handwritten business letter conveys vital information and at times is the preferred medium of communication in business circles. Are you having a problem writing a business letter? Does your mind
