Do you know what is a status symbol is? Well, would you want to know about it in the best way? There is not a…
What are Objectives Of Communication with 10 Examples
If there is one thing that is true in the world of business, then it is the fact that communication is something that you cannot…
Market Power – Definition, Meaning, Factors And Types
What Is Market Power? Market power is a company’s ability to set industry prices, regulate profit margins, and market entry hurdles for new competitors. Monopolies…
What is Labour Turnover? Definition, Causes And Effects
Definition: Labour turnover is defined as the ratio of the number of labour or staff who leaves an organisation to the total number of the…
Talent Management – Definition, Meaning, Strategies, Importance
Talent management is defined as a critical process that ensures that a firm has the best quality as well as quantity of human resources at…
Blake Mouton Managerial Grid – Advantages And Disadvantages
There are a lot of different types of leadership styles or grids for various purposes to fulfill. Perhaps you’d be aware of some of them…
Narrowcasting – Definition, Meaning, Applications, and Advantages
Unlike broadcasting, narrowcasting is a specialized method that offers services and information specifically designed for particular target audience groups. It enables businesses to more effectively…
Observation Method in Research (Definition & Types)
Definition The observation method is a process that involves human or mechanical observation to observe and describe the behavior of a subject. As the name…
Professional Organization – Definition, Meaning, Types
Definition A Professional Organization is an association that is formed to further the interests of people engaged in a specific profession, to advance a particular…
Top 10 TV Brands in The World in 2024
Television has always been an important source of visual entertainment for most households. In this article, we look at the top International TV Brands in…
Difference Between Contract Administration And Contract Management
The terms contract management and contract administration are often used interchangeably by organizations because at a broader level; they share several similarities. They serve complementary…
Causal Research – Meaning, Explanation, Examples, Components
Causal research can be defined as a research method that is used to determine the cause and effect relationship between two variables. This research is…
Career Ladder – Definition, Benefits and How to Build One
Definition A career ladder is described as a structured process through which an employee can make progress in various job positions in the organization. The…
Coordination – Definition, Meaning, Purpose Of Coordination
Coordination among the people working together is essential to get the maximum output. In an organization, there are several departments where hundreds of employees work…
Generic Brand Definition – Difference from Brand Name
What is a Generic Brand? The generic brand is a sort of consumer product which is generally not advertised. They, therefore, lack a logo or…
