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Every business expects to generate sufficient sales revenue so that it can cover all its expenses and get a net profit. Because of this, many…
Strategy Definition – What Is Strategy?
You must have heard from your seniors or teachers to make a proper strategy for achieving your life goals. This strategy makes stands tall in…
17 Must Have Sales Associate Skills
Sales are considered one of the most popular career choices. There are various sales job roles that one can consider to start their career in…
Best 20 Gin Brands in the World in 2024
Gin Brands have managed to catch the eyes and retain the interest of connoisseurs and casual drinkers alike for a very long time. The diversity…
What are Professional Ethics? Examples and Types
Professional Ethics are the guiding principles that are to be followed by or expected to be followed by the people in that profession. These principles…
Sales And Operations Planning (S&OP) – Meaning and Importance
Sales and operations planning is a process which helps in managing the demand and supply of manufacturer by collaborating the sales and operations department to…
Creative Thinking – Definition, Examples, Skills
Have you been thinking about how some people can generate new ideas quickly and represent very well when other people struggle to do so? They…
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When a product is conceptualized, its requirements and specifications are documented so that the product teams can understand what the product will be, how it…
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Definition of Distribution Distribution is defined as the act of spreading the product throughout the market, as large and wide as possible so that many…
Top 12 Most Important IT Skills for 2020
IT skills are high in demand in all kinds of businesses, and job opportunities for the professionals that are adept in IT skills are continually…
Friendliness and Its Importance
The quality of a person to be friendly and pleasant towards anyone is understood as friendliness. In other words, you may also define friendliness as…
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Having some motivational factors that can drive you to work towards your goals continually is integral in increasing your success ratio. – That is why…
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Have you ever met with the people who do things that should be done without being influenced by any other people or any external factors?…
Conscientiousness
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10 Causes of Urbanization – Positive And Negative Effects of Urbanization
When it comes to causes of urbanization, the two primary reasons that occur in mind are the natural population increase and rural to urban migration….
What is Micromarketing? Definition, Types, and Examples
Micromarketing is a marketing strategy that involves targeting consumers on an individual basis. Rather than aiming campaigns at large, undefined segments of the population, micromarketing…
What are Essential Skills? 8 Essential Skills you should know
The necessary skills that we need to lead our life, learn and work are understood as essential skills. The concept of essential skills is becoming…
What is Product Research?
The type of marketing research which helps with providing information about the required features of a product or a service is called product research. In…
What is Article Marketing? 7 Steps in Article Marketing
Are you looking for some practical ways to improve the organic search ranking of your site? Then Article Marketing can be quite useful for you….
Porters Generic Strategies Explained
An economic researcher, Micheal Porter, in the early 1980s, studied the competitive behavior that comprise successful behavior. The purpose of his study was to determine…
What is a Direct Report and How Can Executives Manage Direct Reports ?
Most of us dream of having people working for us and giving orders to them and controlling their work. But when it happens, then we…
Customer Base – Definition, Types and How to Build one
Running a business and keeping it profitable is not an easy job. Especially, In the present times, when people are not required to build a…
Warehouse Management System (WMS) – Types, Features, Advantages
The warehouse management system is the software and process which allows companies to administer and control the operations of their warehouses from the time material…
What is Skills Training? Definition, Importance, Examples
Definition of skills training Skill training is defined as a concept that helps to create scope and opportunities for the employee by developing his talent…
What are Hard Skills? Definition and Examples
Definition of hard skills Hard skills are teachable abilities that are job-specific and can be measured and evaluated. These are skills that one has to…
Motivational Skills for Leaders in the Workplace
Do you want to have a team that is focused, goal-driven and productive? Then you need to incorporate essential motivation skills for creating a productive…
Channel Management – Definition, Steps and Problems
Definition of channel management Channel management can be defined as a process used by companies to direct and manage various marketing techniques and the parties…
Category Management – Definition, Benefits, Methodologies & Challenges
The retailers around different corners of the world employ various policies to manage the organization and to step forward in the direction of high profit…
Change Agent – Definition, Types, Skills And Examples
A change agent is an individual who aids in transforming a company by putting the onus on organizational development, improvement, and effectiveness. He can be…
Equal Employment Opportunity – Definition, Meaning and Advantages
Definition of equal employment opportunity Equal employment opportunity is a concept that emphasis that opportunities in employment should be freely available to all citizens irrespective…
Corporate Strategy – Meaning, Components, Goals and Advantages
Corporate Strategy can be understood as an all-embracing scope and direction along with the means, mediums, methods, and mechanisms through which different business operations of…
Direct Selling – Definition, Types, Schemes, Advantages & Disadvantages
Introduction to Direct Sales Direct selling is one of the primary forms of doing business. This method of sale is adopted by both small businessmen…
Personal Development – Importance and Steps
Definition Personal Development is the process of improving oneself. A person develops when he measures his skills and qualities and make conscious efforts to improve…
What is Planogramming? 6 Types of Planograms
Retailers continuously look for ideas to make their store look presentable to attract more customers. The presentation of products in the store is as important…
Performance Review – Definition, Meaning, Tips, Dos and Don’ts
Definition A performance review is defined as an analysis of the work habits of an employee that helps to determine whether he has reached the…
Retraining Definition – Meaning, Need and Advantages
Retraining is defined as a process that ensures learning of a new skill or in some cases revisiting an old skill or know-how to provide…
Tactical Planning – Definition, Importance, Characteristics And Strategy
Definition: Tactical planning is short term planning which takes into account the current operations of an organization. In this, you will be creating a strategic plan…
