What is Brand Quality? Brand Quality is a measure of the value and the perceived value that a brand offers. It encompasses the design, production…
Brand Journey: Definition, Stages and Tips
What is Brand Journey? Brand Journey is a holistic approach to creating and managing brands. It involves understanding the customer journey, discovering the brand’s story,…
28 Characteristics of a Successful Leader
Strong leaders are essential for success and progress in any organization, team, or group. But what makes a leader truly effective? It starts with having…
Brand Manager: Definition, Role and Job Description
What is a Brand Manager? A brand manager is a professional responsible for developing and maintaining a certain image for a brand or product. Brand…
What is Brand Marketing? Definition and Strategy
What is Brand Marketing? Brand marketing is a way of promoting a product or service in a way that establishes brand loyalty and brand recognition….
What is Channel Marketing? Definition Types and Benefits
Channel marketing involves working with outsiders, third-party channels, or intermediaries to deliver products and services to the target market. In this process, manufacturers partner with…
Brand Dilution: Definition, Causes and Examples
What is Brand Dilution? Brand dilution happens when a company develops a new product or enters new markets, and its brand strategy for the new…
What is Decision Analysis (DA)? Definition, Methods and Importance
Decision analysis (DA) is a structured approach to decision-making that involves identifying and assessing the factors that contribute to a problem or opportunity and then…
Decision Flow Diagram – Definition, Types, Advantages, Disadvantages
A decision flow diagram is a graphical representation of the decision-making process. It shows the different decision paths that can be taken and the possible…
Decision Support System – Definition, Purpose, Advantages and Disadvantages
A decision support system (DSS) is a computerized system that supports decision-making in organizations. Decision support systems are typically used to help managers and other…
Days Sales in Inventory (DSI) – Definition, Formula and Benefits
Days sales in inventory is a metric that measures how long it takes a company’s inventory to convert into sold products. It is also known…
Days of Inventory on Hand (doh) – Definition, Calculation, Examples
Days of inventory on hand (doh) is a metric used to measure the number of days that a company takes to sell its inventory. In…
List of above 100 Competencies you need to know about
What are competencies? Competencies are the combination of observable and measurable knowledge, skills, abilities, and personal attributes that contribute to successful job performance. Competencies are…
Competitive Environment – Definition, Types, Factors and Examples
What is a competitive environment? A competitive environment is the market space within which companies compete to gain market share. It includes all the elements…
Channel Flows in Marketing – Definition, Types, Role and Examples
What are channel flows in marketing? Channel flows in marketing are the movement, or flows of physical items and services, title, promotion, information, and payment…