Definition: Market share refers to the proportion of a company’s total sales in relation to the overall market it operates in. To put it simply,…
Market Growth: Definition, Types, Calculation & Examples
Market growth is the rise in the demand for a product or a service in the market. Usually, market growth happens when a company is…
Localization vs Internationalization – Differences Between Them
Localization and Internationalization – These concepts sound familiar, but they are very distinct from each other. These activities are referred to like the one in which…
Trustworthiness – Characteristics and Importance
Trustworthiness is the quality of an individual or thing that ensures dependability, credibility, and truthfulness. As an essential moral value, trustworthiness can also be understood…
Truthfulness – Meaning, Characteristics And Benefits
Truthfulness is the fact of being realistic or true to life. Being one of the vital life skills, truthfulness holds the highest value in making…
Formal Organisation – Definition, Meaning, Guidelines, Functions
Definition A formal organisation is defined as an organisational structure where the rules are established in place for undertaking operations and processes. These rules are…
Organizational Effectiveness – Definition, Meaning and Six systems
Definition Organizational effectiveness is defined as a concept to measure the efficiency of an organization in meeting its objectives with the help of given resources…
Organizational Behaviour – Definition, Meaning, Types, Objectives
Definition Organizational behaviour is defined as the behaviour of human beings in their workplace or only in a corporate setting. It studies the impact that…
Organizational Skills – Meaning, Types, Advantages with Examples
Definition of Organizational Skill Organizational skill is defined as the ability to use processes to get things done admirably and effectually. It is not inherent…
Business Portfolio – Definition, Meaning, Examples, Management
Definition: A Business Portfolio is a combination of various products, services and business units that make up a business. By observing this portfolio and each…
Network Marketing – Meaning, Types, Features, Advantages
What Is Network Marketing? Network marketing is a business concept where people sell items or services through their networks. This empowers a workforce that can…
Cost Leadership – Strategies, Advantages, Disadvantages
In simple terms, cost leadership can be explained as when a company tries to get a competitive edge by reducing the price of the product….
Adams Equity Theory of Motivation – Definition and Meaning of Equity
Definition Equity theory is a concept where people want the ratio of their outcomes to be nearly equivalent to the ratio of a referent person…
Information Processing – Definition, Tools and Stages
Information processing, as the name suggests, is about processing information in a manner that is noticeable to an observer. It is a method that allows…
Target Population – Definition and Examples
In this article, you will learn about what is target population, the definition of the target population, and a few examples of the target population…
