A line manager is a person or the manager who is responsible for heading a revenue-generating department. He has a vital role in an organization,…
Centralization: Definition, Meaning, Features And Advantages
As the name suggests in a centralized form of organization, the power remains with a selected few who are the center or the core group…
What is the Importance of Learning (In Any Stage of Life)
Learning is an indispensable tool that nourishes our minds and soothes our soul. It is a necessity for both personal and professional career as it…
Employment at will – Definition, Meaning, Exceptions, Advantages
Employment at will is defined as a contract of employment that can be terminated at any time and for any reason by any of the…
Experiential Learning: Definition, Meaning, Elements, Examples
Experiential learning is an active process where skills and knowledge are used in a meaningful way. It is a learner-centric approach where learning happens through…
Constructive Dismissal: Definition, Meaning, Examples And Types
Constructive dismissal is defined as a violation of employee rights so severe that the employee does not have any other recourse other than resigning from…
Soft Skills: List of Soft Skills and Its Importance
Soft skills are those skills that aid individuals in navigating their environment smoothly. It is used to complement hard skills to perform efficiently and achieve…
Characteristics Of Millennials
Have you heard much about millennials and are curious to know who they are? Then, this post will take you deep into the world of…
What is the Learning Curve – Definition, Benefits, Limitations
The learning curve is the graphical representation of the rate of learning against repeated experiences or over time. It depicts how a boost in learning…
14 Main Causes Of The Industrial Revolution
The today’s word (filled with loads of industrial, technical, urban, rural, economic and scientific advancements) that we see now is the result of the industrial…
What is the difference between Hard Skills and Soft Skills?
Hard skills are those skills which an individual acquires via learning, education or training. These are quantifiable and judged based on a person’s performance during…
Contract Management – Meaning, Benefits, Software and Best Practices
Contract management is defined as a process that manages the creation, analyzing, and execution of contracts efficiently and systematically. This method is used for delivering…
Mass Production – Definition, Meaning, Understanding, Advantages
Mass production is defined as a production method of standardized products in large quantities. Automation technology or assembly lines are often used in the manufacturing…
What Is a Niche Market? 7 Examples in 2024
What is a niche market? Niche markets focus on distinct client demands and preferences with specialized products or services. This strategic concentration streamlines processes saves…
Personal Development Plan – Definition, Meaning and Example
Personal development planning is a structured process that helps to create an action plan for self-improvement, growth, and development. This goal-setting and planning are based…