Adam Smith (1723 – 1790) identified the division of labour and specialization as the two key means to achieve a larger return on...
Read moreOrganizational culture is a system of shared traditions, values, and beliefs, which have a great effect on how people behave in...
Read moreWhy study of business history is important? History is the study of change and development in society over time. The...
Read moreIntrapreneurs wanted Today many large business houses in the world depend on product innovations, functional innovations, cost innovations, marketing innovation,...
Read moreThe Ten Schools of Thoughts by Henry Mintzeberg A school of thought refers to intellectual tradition collectively drawn by a group of...
Read moreCommon Organizational Structures An organizational structure defines how activities such as task allocation, coordination and supervision are directed toward the achievement of...
Read moreETOP Analysis Environmental scanning is the monitoring, evaluating, and disseminating of information from the external and internal environment to key...
Read moreWhy is it important to have digital presence? Today, individuals and organizations need to have digital presence; having a digital presence simply...
Read moreStrong Value Chain Helps Build Brand Equity The concept of the value chain was coined and explained by Michael Porter in his...
Read moreTalk less, listen more People who can balance speaking and listening are usually successful in handling relationships and are rarely...
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