Thursday, August 17, 2017

How to frame strategies for runner-up firms & weak and crisis ridden firms

How to frame strategies for runner-up firms & weak and crisis ridden firms Competitive moves are the strategic actions which are taken up by the firm in order to compete with its...

UNITY OF DIRECTION TO DIRECT THE EMPLOYEES

UNITY OF DIRECTION TO DIRECT THE EMPLOYEES Unity of direction principle can lead all the members of the organization towards the objectives of the organization or towards a common goal. It is proposed...

Plant Location Decisions and Factors Affecting Plant Location

Plant Location Decisions and Factors Affecting Plant Location  Plant location refers to the choice of the region where men, materials, money, machinery and equipment are brought together for setting up a business...

Corporate social responsibility

Corporate social responsibility Business is an economic activity; it is carried out to earn profits. But business organisations are involved in different actions which may not be part of their primary business...

Techniques and Theories of Employee Motivation

Techniques and Theories of Employee Motivation Employee Motivation Employee motivation defined as the psychological forces which are responsible for the behavior of an employee in an organization. Various factors which may be internal...

The Best Ways to Motivate Employees at Work

Keeping employees motivated at work and increasing morale is a challenge faced by many employers.  Employee motivation is key to the success of the company, so motivating employees to work hard...

Benchmarking For Better Performance

Benchmarking For Better Performance Benchmarking is the process of measuring and comparing the performance of a firm against the performance of the market empires or best practices of the other firms.  It...

How to build and acquire competitive advantage

How to build and acquire competitive advantage Competitive advantage represents the superior position enjoyed by an organisation with respect to its certain factors when compared to its competitors. Superior position in the industry...

Entrepreneurship and the spirit of an Entrepreneur

Entrepreneurship and the spirit of an Entrepreneur Entrepreneurship refers to those who innovate, create, manage, and controls a business enterprise and ready to undertake the risk. The word entrepreneur is derived from...

Performance Appraisal Process, Tips and Tools

Performance Appraisal Process, Tips and Tools  Performance appraisal is the objective assessment of individual’s performance in a systematic way in order to fix the salaries and wages and also to perform several...