Bargaining is a form of the distributive negotiation process that happens between buyer and seller to debate and agree upon the price and nature of…
What is Market Saturation? How to Stand Out in a Saturated Market
Market saturation occurs when a product or service has reached its maximum demand in a market, and market growth becomes stagnant. Market saturation is a…
Benefits in Kind – Types, Methods, Values and Examples
What are Benefits in Kind? Definition: Benefits in kind are defined as different types of non-cash benefits of monetary value that employers offer to their…
Empathy – Definition, Signs, Types, Uses and Barriers
Empathy is the ability to imagine yourself in the place of someone else and feel what he is going through. It refers to connecting emotionally…
Salary Structure – Overview, Components and Types
Salary structure refers to the system used by employers to determine the compensation of an employee. Also known as pay scale it includes the details…
Downward Communication: Importance, Types & Advantages
Downward communication is the procedure in which information or chain of command circulates from an organization’s upper level of hierarchy to the lower level. It…
External Communication – Definition, Types, Goals and Strategies
External Communication is the transfer or exchange of information with external audiences such as customers, prospects, investors, suppliers, shareholders, target niche, leaders, banks, public, government…
Base Pay – Definition, Working, and Factors
Definition: Base pay is defined as the initial amount of money reimbursed to an employee in return for the employee’s service is called the base…
Product Leadership – Definition, Strategy & Responsibilities
The modern-day market has become extremely competitive – to survive in this market; businesses need product leadership. The concept of product leadership is all about…
Employee Handbook – Meaning, Contents and Examples
An employee handbook is a manual or a book was given by the employer to his employees to provide information related to the job. It…
Doblin’s 10 Types of Innovation Framework Explained
Whenever we need something so badly in the business landscape, innovation is bound to happen. From the slight improvement in the user interface of your…
Public Communication – Definition, Importance and Types
Definition: Public Communication can be defined as strategic communication to convey ideas, programs, though, presentations, data, propaganda, etc., to the masses, the public, government, students,…
Verbal Communication – Definition, Types, Importance and Difference from Non-Verbal
Verbal communication is a form of oral communication that happens between two or more persons in any form of speech or by using words. This…
Communication Strategy: Definition, Importance, Types and Success
A communication strategy is a plan through which a company can achieve the communication objectives. It constitutes different elements such as setting the goals of…
11 Communication Quotes and Sayings for Businesses
Communication quotes are a collection of words to boost morale and inspire people. Such quotes have a psychological effect on the individual. Communication in general…
