Total Quality Management (TQM) is a major topic in the modern product as well as in the service industry. With the increase of the competition for goods and services, the importance of quality plays a major role in capturing a better market share. Total quality management is a process that happens continuously in a business …
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Innovation management is one of the most highlighted topics in the modern business world. With the increase of the importance of innovation management, the importance of responsible innovation also has increased. As innovation is considered as one of the most interesting areas for entrepreneurs to capture the market and push boundaries of creative innovation. This …
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The innovation management system is one of the main factors that can decide the success of modern organizations. As innovation becomes a key element of business development, organizations are putting more effort to adopt new innovative methods for their business processes. With the increase in the importance of innovation management, it is important to identify …
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Brand attitude is the customer opinion towards a product or a service identified through a conducted market research. Branding carries major importance in the success of any product or service in the market. As it works as a unique identifier for a product in the market, allowing customers to identify the product from all the …
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Business to business services (b2b) is considered as the latest trend of growing business through technological advancements. The technology and business concepts are evolving rapidly with the industrial developments. New ways of doing business and new market opportunities are getting identified each day in the modern business world. Business to business (b2b) services are one …
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Human resources management is an important process that has major importance for the success of any organization. Objectives of the human resources management can be varied from organization to organization. However, the type of objectives that any organization is planning to achieve through a competent human resources management process shows major similarities. The objectives of …
Human resources are one of the most important assets for any business organization. In order to take maximum benefit of the available human resources, an organization must have a Human Resources Planning process (HRP). Human Resources planning is a continuous process that should carry out by the Human resources department of an organization to ensure …
Business cycles can be defined as the regular fluctuations of national output or the aggregate economic activities of an economy. The business cycle affects not only the national output or the GDP but also all the macroeconomic sectors such as level of employment, general price level, sales, and international trade, etc. Business cycle consists of …
Aggregate demand and aggregate supply are two mainly important components to any economy. Aggregate demand Aggregate demand refers to the total amount of goods and services that will be purchased by all the sectors, consumers, firms, and the government, at all possible price levels. Since this is the total amount spent on the national output …
The consumer price index is a weighted index used to measures the changes in consumer pieces in an economy. This used to observe the changes in the real value of money as a result of the inflationary situation. This is also taken as a macroeconomic tool that indicates the performance of the economy because the …
