What is Operational Risk Management or ORM? Definition – Operational Risk Management or ORM is a tool that helps in determining potential operational risks and…
Top 16 Most Expensive Shoes in the World in 2024
Ever wonder why some shoes cost a ton? We research the same for you. Step into luxury with the most expensive shoes in the world….
Delegation of Authority: Meaning, Principles, and Examples
When a manager in an organization divides his work among his subordinates to accomplish a big task, he divides the task into smaller tasks and…
Organic Growth: Meaning, Examples, & Strategies to achieve Organic Growth in Business
A common challenge that all businesses face is the growth of the business, and it is always on the mind of a businessman to think…
Contract of Sales: Examples and Components of a Contract of Sale
A contract of sales is a formal contract which contains all terms and conditions in the written form related to a sale. This contract states…
Emergency Goods: Meaning, and Examples
Emergency goods are the products that individuals have to use on an urgent basis during an emergency of any kind. Human beings tend to contemplate…
Impulse Goods: Definition, Marketing, and Examples
Definition: Impulse goods are items that consumers purchase on impulse, or without prior planning or intent. Impulse buying is often thought of as an emotional…
Unsought Goods – Definition, Examples and Strategies
Unsought goods are those items that a buyer has no knowledge about and hence did not think of making a purchase. Consumers perceive certain things…
Data Mining In Retail: Applications and Six Phases in the Life Cycle
Retail trade is one of the most competitive markets in the whole world, and retailers use various tactics to survive in this cut-throat competitive market….
What is a Private Label? How Does Private Labeling Work?
Private labeling is an excellent opportunity for businesses to create their own unique brand of products without investing in production and manufacturing. It’s a great…
7 Differences between Business Development and Sales
It is not surprising that people get confused with the concepts of sales and business development because these two activities usually work nearby each other…
Seed Funding: Meaning, Process and 7 Steps
What is Seed Funding? Seed funding is the early stage financing of a startup. This type of funding is typically used to finance the initial…
Generational Marketing: How to Target Every Generation
Implementing generational marketing strategies is becoming increasingly crucial for organizations to target and understand the needs of various age groups accurately. There are many ways…
Research brief: Meaning, Components, Importance & Ways to Prepare
Have you ever faced a situation where a researcher has not exactly given the results that you require? Have you ever discussed research as what…
Personality Traits – Meaning and Examples
Personality traits are characteristics which separate an individual from the others. Personality traits of a person reflect the distinctive characters such as emotions, feeling, behavior,…
