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…
What is Whitleyism? Meaning and Internal Characteristics
Whitleyism is a system used by English industries to solve matters about hours, wages, and such. It is a system of voluntary permeant board mostly…
What is Guerilla Marketing? Definition, Types, Ideas & 10 Examples to Inspire You
Guerrilla Marketing, named after the surprise tactics synonymous with guerrilla warfare, is an innovative advertising strategy designed to catch its target audience off guard. This…
How to Determine Selling Price? Calculation and Usage
Selling price is defined as the price at which a particular commodity, product, goods, or service is sold to the buyer by this weather. Generally…
What is Idle Time? Types, Causes, Control and Analysis
Idle time is defined as the unproductive time of either the machines or the employees that is caused by the management because of factors that…
Stakeholder Management – Overview, Principles, Types, Pros, and Cons
The process of systematic analysis, planning, finalizing, and implementation of pre-designed actions to engage with stakeholders is called stakeholder management. Management and engagement are possibly…
