Businesses vying for the attention of the same customers are known as competition in marketing; it’s a fierce race to demonstrate value and stand out…
Marketing Communication: Meaning & Types of Marketing Communication
What are Marketing Communications? Marketing communications, or MarCom, are essential for engaging and informing potential customers about a brand’s offers. MarCom is comprised of a…
13 Types of Learning and many sub types
Learning is an important part of human life. Learning starts as soon as a person is born, and a person keeps learning until he died….
Pareto Analysis – Definition, Principle, Applications, Chart and Examples
Definition Pareto analysis is defined as a tool that is used for decision making in which multiple courses of action are competing to gain attention….
Importance of Management For Every Business Organisation
Management has an important role to play in an organization, and it plays an important role in the success of the organization. In this article,…
Business Model of Groupon and How Does Groupon Make Money?
Founded in the year 2008, Groupon is an American Company that offers Online Deal Marketplace. The business model of Groupon revolves around connecting local consumers…
Business Model of IBM and How does IBM Make Money?
Founded in the year 1911, IBM is multilingual IT Company based in America. The business model of IBM or International Business Machines Corporation revolves around…
Asynchronous Communication: Examples & Benefits
Asynchronous communication refers to a type of communication where one person shares information and then waits for a delayed response from the recipients. To put…
What is Business Structure? Common Business Structures Explained
Business structure is defined as an organizational framework for carrying out commercial activities. It is a legally recognized structure that is characterized by its category….
Capacity Utilization Rate – Definition, Meaning, Importance
Capacity utilization is defined as the extent to which the manufacturing and productive capacities of a country, plant, or business entity are utilized in generating…
Economic Order Quantity: Meaning, Formula, Assumptions, & Advantages
Economic order quantity is also popularly known as EOQ. It is defined as a production scheduling concept as it is used to determine the frequency…
Feasibility Study: Meaning, Understanding, Steps, Examples, and Types
Feasibility Study is defined as the assessment of a project that has been proposed by someone. It is analysis and evaluation of a system and…
Exit Interview: Meaning, Objectives, Tips, Advantages, & Disadvantages
An exit interview is defined as the final formal meeting between the management and employee who is leaving the company, a member and an association…
Golden Parachute: Meaning, Examples, Advantages, and Legality
A golden parachute is defined as a contract between an employer and a top-level executive that offers substantial financial benefits from one to other upon…
Hierarchical Organization : Definition, Types of Structure, Advantages, & Disadvantages
Hierarchical organization is defined as a pyramid-like structure where one individual is in charge of the company with one or more subordinates subsequently under each…
