Management is a concept that has been built over time and became one of the major concepts in the modern business world. Management consists of four main functions that help to identify the management flow. Apart from that, management functions help to secure the smooth floor of management activities and completion of necessary tasks at […]
Management functions : 4 main functions Read More »
The management process is the basis of the success of any managerial activity. Management planning is the first element of the management process. As the first step of the management process, management planning works with major importance for the successful completion of any management activity. In this article, we will have a better look at
Management Planning: Importance of planning as a part of management process Read More »
The new technologies are changing rapidly. Businesses are also changing with the changing technologies. Due to this many organizations are struggling to face the growing competition. The same type of products and services are joining the market. That makes the survival harder for businesses as the consumers are always interested in experimenting with new products
Face the growing competition : 6 key steps to follow Read More »
Marketing plays a huge role in the success of any business organization. No matter how good your product is, it needs a proper marketing method to make the customers aware of the product and to create the customer need for the product. The importance of a marketing plan should be identified by every organization prior
The modern business industry is rapidly changing with technologies. New businesses are joining with the business world and existing businesses are changing or quitting the market. This increases the importance of business planning where an organization can reach the best possible market with the best possible product to maximize profit. Business planning can be considered
The business industry is fast-growing and rapidly changing. With the new changes and growing technologies, it is difficult to find the right customer for the product. As much as the customers are struggling to find the correct product to them, it is challenging for any organization to find the right customer base for the product.
Find the right customer: 04 key things to follow Read More »
Marketing Mix is the operational part of the marketing plan. The marketing mix is used to evaluate the marketing activities in the marketing plan. The marketing mix was first introduced as a ‘4Ps model’ by E.Jerome McCarthy in 1960. Later another 3 factors were added to the marketing mix. The marketing mix has become one
Marketing mix: The importance of 7Ps Read More »
Finding the best marketing method is not an easy task. Competition is rapidly increasing in the modern business world. Similar types of products are manufacturing every day by different organizations and the consumers can get easily confused with the number of similar products available in the market. It is very important to create an awareness
How to find the best marketing method for the product – 4 Key factors Read More »
Organizations are using various tactics to increase their sales volume. With the increase in the competition for almost every product in the world, the organizations have to change the marketing techniques they use to create more demand for their products. The concept of competitive advantage has been evolved around this. Competitive advantage is a condition
Competitive advantage : Meaning and top 8 requirements Read More »
In the modern business world, we can see many leadership styles. These styles evolved based on individual behavior, organizational requirements as well as the changes in the business environment. Transactional leadership is one such leadership that can be seen often in the business world. transactional leadership can be separately identified based on a few unique
Transactional Leadership – 10 Key characteristics Read More »
