Like weather, economy changes either for better or for worse. Universities and colleges around the world are teaching the students about how the economy works. Among these students, some will be future politicians and they will contribute towards their respective country’s economic growth. Economy works in many ways. Economists tried to explain the economic growth […]
In the management context, strategic management includes formulating and executing the main objectives and actions taken on behalf of stakeholders by the top administrators of an organization based on resource analysis and appraisal of the internal and external surroundings in which the organization functions. Strategic management renders an organization’s overall vision and includes setting up […]
The term ‘strategy’ took its origin from the Greek word “strategia” meaning ‘art of the general’ having strictly military connotation only. Over time the term ‘’strategy” came to be applied in various other areas, especially in the business management area. Strategy is the high-level planning aimed at achieving organizational objectives and goals while making use […]
Crisis Management or leadership in times of crisis is a complicated process altogether. The leaders to manage any crisis must be prepared to face any tough situation whatsoever and correctly respond to situations. The position of the leaders is very critical to any organization as there is a constant fear that some of their decisions […]
Why do people like to emphasize on the importance of planning? Whatever we are going to do, it’s important to have a strategic plan before you dive in. Anyone who jumps into a battle without a plan is planning to fail, especially when you are a company competing in a world where big companies of […]
What is Disruptive Innovation? Disruptive Innovation refers to the innovation which helps in creating new market and value network in place of the existing market and value network which leads to the disruption of the market-leading firms, alliances, and products that had already been established earlier. The term ‘Disruptive Innovation’ was given in the year […]
Customer Relationship Management is associated with the integration of marketing sales, customer service and supply chain functions of the company to achieve maximum productivity and efficiency in delivering customer satisfaction. It is a team effort of people working together towards achieving the maximum profit for the industry. There are many aspects of CRM that should […]
The crash course on small business laws is aimed at empowering the new entrepreneurs enters the world with certain conviction. Business in one form or the other has always been present in the society. There is no way one can put a date when the first form of business started. The barter system has been […]
The organizations dealing with the production of products that are perishable, flammable or can get harmed easily require the insurance against such products. The reason for insurance is the liability attached towards the product. Product can be defined as a processed raw material which is achieved as a finished goods and can be easily sold […]
It is fair to say that among the largest US public companies and multinationals in general, CSR has become quite important if not already firmly embedded. But that misses privately held companies and the vast majority of business enterprises that are not “large” but which are responsible for the bulk of national output in most […]
The Three Levels of Culture Level One: Artifacts The easiest level to observe when you go into an organization is that of artifacts-what you see, hear, and feel as you hang around. Think about restaurants, hotels, stores, banks, or automobile dealerships. You can sense immediately that different organizations do things differently. For example, in Digital […]
Controlling is a part of the management process and has a lot of importance. Controlling is a pervasive function which means it is present at all levels of management and is performed by all types of managers. It is even used in all concerns related to the management process. Controlling is a forward-looking and dynamic […]
Conflict is just part of management. There is no opinion in fearing it or trying to hide from it; it is a boss’s job to face conflict head-on, not to evade it. While there aren’t many belongings that managers can do in order to stop the conflict from ever arising, there are ways that they […]
When it comes the long awaited moment to take the next step in the growth and attract investors, the first question that arises is: “After all, how much is my business?”. The first fundamental concept that the entrepreneur must understand the value of a company is that valuation before any financial structure is a market […]
What is Business Process Management? Reading above you must already have been familiar with the importance of management in business, but do you have any idea about what can one mean by the term business process management? Though, reading the term one can easily tell that this process of management can be categorized as the […]
The Small business isn’t easy! They run from one side to the other accomplishing several tasks of all sectors of activity. With the focus on production and sales, daily, urgent and essential requirements, the financial organization can end up in the background, so when left over a little time. Focus on financial management only when […]
The concept of business started as a means to exchange goods and services. It started becoming difficult for societies to sustain themselves with what they had and had to start exchanging good and services. Over the years, the business has become so important that to even perform the most basic of the activities; we need […]
During the second half of the 18th century, the use of English in the field of business increased dramatically for a variety of reasons. The United States of America was considered to be one of the most economically powerful countries of the world and was also a ‘Victor’ along with Britain during the era of […]
Crash course business consulting is a degree in the field of consultation. The business course is designed keeping the requirements in mind; a consultant is someone who is an expert on the topic who can provide guidance and support to the organizations when special decisions are to be taken. The lack of course was felt […]
If you are seriously planning to start your own firm, then you first need to read the business books that are co-authored or authored by the successful business entrepreneurs and smart business people. There are many business books that are published every year. However, it is impossible for you to go through all the business […]
IntroBooks in an online learning platform. Our articles, ebooks, audiobooks and videos give essential information on a topic in a straight-to-the-point format. We have cut out technical jargon, waffle and unnecessary filler to ensure you get the essential information you need to achieve your goals with confidence.