According to the entity concept, a business and its owner are two separate entities in accounting. As a result, the business and the owner’s accounts…
Implied Terms vs Express Terms – Importance and Differences
The terms of the employment contract, which are not necessarily written, are called implied terms. Usually, these are the terms conveyed orally but are nevertheless…
Leadership Vision – Qualities and Building the vision
Being a visionary is crucial for a successful leader, as a leadership vision is pivotal in maintaining the motivation, momentum, and inspiration of a team. So,…
Adaptive Leadership – Definition, Principles, Examples and Advantages
Adaptive leadership is a practical leadership model which follows an adaptive approach in solving business problems by adapting to changing environments and responding to recurring…
Process Documentation | Importance, Goals and Steps
Several different processes make up a business. The different processes that constitute a business need constant reviewing and improving. These processes are generally improved based…
Focus Group Interviews | Purpose, Preparation, and Sample Interviews
Quality research is performed when an organization or institution wishes to test any concept, idea, or product. This qualitative research can be conducted using several…
Effective Management | Functions, Characteristics and Tips
What is effective management? Management is an essential part of an organization. Effective management is to manage the organization and drive employees to perform to…
Fiedler’s Contingency Model of Leadership – Definition, Advantages and Limitations
Fred E. Fiedler devised Fiedler’s contingency model or theory of leadership in 1958. It was based on his studies of different group behaviors and the…
What Are Social Barriers? and How to Overcome Them
The social barrier is a term that is used to point at the inequalities that exist between different individuals in a society. The discrepancies are…
7 Powerful Types of Feedback Models
Feedback is referred to as a process where a person in an authority position delivers corrective and evaluative information that is often used as a…
How you can Ace An Interview? (Complete Guide)
Are you one of the hopeful candidates who have received a call for an interview in one of the best firms in the country? Are…
Etiquette: Meaning, Types, Benefits and Basic Rules
Etiquette is defined as formal rules and manners that are considered sacred and acceptable in society. These have been established by convention for a very…
10 Basic Skills Every Employee Should Learn
Basic skills can be understood as those skills that we all need in our day-to-day lives. From study to personal to professional lives, basic skills…
What is Job Orientation? (with Purpose & Preparation)
Curious about what is job orientation? Want to know why new employees go through Employee Orientation Program? Then the first thing you need to understand…
Career Management: Meaning, Process and Objectives
Career management, in simple terms, is referred to as structured planning of the professional career through personal choice. This is a life-long process that also…