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…
Consignment Inventory – Definition, How it works and Advantages
What is a Consignment Inventory? A consignment inventory is an arrangement in which the consignor (a vendor or wholesaler) agrees to give their products to…
Deceptive Pricing – Definition, Legal Provisions and Examples
What is Deceptive Pricing? Deceptive pricing is a pricing strategy used by retailers to deceive consumers into believing they are paying a lower price for…
Deliverables – Definition, Meaning, Importance and Types
What are Deliverables? Deliverables are any result, product, or service that is produced or provided as part of a project. Deliverables can be tangible (something…
Delivered Ex Ship (DES) – Definition, Meaning and Examples
What Is Delivered Ex-Ship (DES)? Delivered ex-ship is a delivery term in international trade where the seller completes their obligation to the buyer when they…
Disintermediation – Definition, Benefits and Examples
Disintermediation is the process of removing intermediaries from a transaction. This can happen in any industry, but it’s particularly common in the financial industry. For…
E-commerce – Definition, Types, Examples and Advantages
What is e-Commerce? E-commerce is the buying and selling of goods and services online which includes everything from ordering groceries to booking hotels and buying…
Doing Business As (DBA) – Definition, Meaning and Filing Process
What is Doing Business As (DBA) Doing business as DBA is a fictitious business name that a person or business entity uses instead of the…
e-HRM – Definition, Types, Role and Advantages
What is e-HRM? e-HRM is the use of ICTs (Information and Communication Technologies) by HR departments and HR professionals to perform their roles in a…
Marketing strategy of KFC – KFC Marketing strategy
World’s 2nd largest fast food chain and largest chicken restaurant on the basis of sales is KFC, the successful brand of the parent company YUM!…
Domestic Corporation – Definition, Types, Advantages and Examples
What is a domestic corporation? A domestic corporation is a company incorporated in its home country. A domestic firm is frequently taxed differently than a…
Democratic Leadership – Style, Characteristics, Pros and Cons
What Is Democratic Leadership? Democratic leadership is a leadership style where group members take part in the decision-making process. The participative leadership style of good…
Dominant Strategy – Definition, Types, Outcomes and Examples
What is a dominant strategy? Dominant strategy is a situation in which one particular strategy is the best option for a player regardless of what…
