A reference check is defined as a process that an employer adopts to gather information about someone he is interested in recruiting. He takes help…
Performance Appraisal Process: Meaning, Types, and Objectives
The performance appraisal process is defined as a process under which periodic assessment is undertaken to evaluate the performance of an employee. The input by…
Structured Interview: Meaning, Types, Questions, Process and Advantages
A structured interview is defined as a standard interview that has been researched in advance and includes a set of same questions and that too…
Servicescape: Meaning, Examples, Elements, Approach, and Roles
Servicescape is defined as the physical environment where a service can take place. It helps to analyze and identify the impact of a good environment…
Sensitivity Training: Meaning, Steps, Examples, Tips, and Importance
Sensitivity training is defined as an unorganized meeting that is held between a few members away from their workplace to gain a better insight into…
Situational Leadership: Meaning, Styles, Characteristics, and Advantages
Situational leadership is defined as a model or theory where the leader puts its onus on empowering the followers to get the job done. The…
Shadow Pricing: Meaning, Examples, Advantages, Uses, and Limitations
Shadow pricing is defined as allotting a monetary value to a current intangible item that does not yet have a market of its own to…
Business Model of WhatsApp and How does WhatsApp make money?
In this article, we have analyzed the the Business Model of Whatsapp in depth. WhatsApp is a communication and messaging service that lets users send…
Cycle Time: Meaning, Significance, Production Process and Formula
Cycle time can be defined as the total time required for completion of a job, task, or activity. In other words, cycle time can be…
Difference Between Management and Administration
It is common to get confused between the term administration and management as both terms are referred to controlling or managing an organization. But there…
What is Bottom line? Meaning, Calculations and how to Increase it
The final earnings or profit, earnings per share EPS, or Net Income is referred to as the bottom line of the company. The bottom name…
What is Economic Environment? 10 Factors affecting it
The economic environment can be defined as the combination of all the economic factors such as, inflation, income, employment rate, etc. which affect the buying…
What Causes Change in an Organization? 10 Factors Explored
Change is constant, and change is inevitable. Change happens in every organization, and every organization is required to adapt to that change to maintain its…
The 11 Important Steps in Research Design
Research design is critical to the Market Research Process. In a previous article, we have discussed in detail about Research design and the 12 types…
Capacity Planning: Meaning, Strategies, Importance and Procedure
Capacity planning is defined as a method to gauge the production capacity needed to meet the changing product demands of an organization. Two terms of…
