Importance of HR Introduction to Importance of Human Resource Human resource is the department responsible for managing resources related to the employees in an organization. Importance of human resource for development of organization or a nation is very high. There can be no nation or organization without human resource. They are tasked with overseeing all […]
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Foreign Direct Investment FDI Foreign Direct Investment FDI is the investment made by the foreign investor in the business and management located in foreign land. Actually, it is a net transferred funds to purchase and acquire physical capital. Such as, factories and machines, therefore if people invested in the business interest located in another country […]
Six Sigma in Business Management At many business management of organizations six sigma simply means a quantitative measure of quality that strives near to perfection. To illustrate, It is a defined and disciplined business methodology that helps increase customer satisfaction and profitability by streamlining operations, improving quality and reducing waste in every kind/type of organizations. […]
Organizational Change Introduction to Organizational Change Organizational change in Business Management starts with a situation that needs to be changed, moves through a process testing solutions and concludes with implementation of an innovation. Changes occurs in the life of an individual, be it personal or professional. Just like that organizations experience changes too. An organization […]
Time Management in an Organization Keeping up with time “Time and tide waits for no man” this quote is very common and has been widely used. Though the quote is familiar, it’s importance is most valued by Business world. Any person or organization must function considering the significance of time. Time management in service business […]
Benefits of Implementing ISO 9001 Introduction to ISO 9001 Before jumping right into Benefits Of Implementing ISO 9001 and ISO 9001 certification Quality Management System QMS. At first one need to understand what a management system is. In a layman term a management system is a way of defining an organization’s operations that will help […]
Blockchain Introduction Blockchain facilitates secure online transactions. A blockchain is a decentralized and distributed digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network to provide information security management. In summary, This allows […]
Women Entrepreneur in Business Management Entrepreneurs are those who establish their business assuming all the risk and rewards of the venture on their own. So that, many people in the locality can be employed. They play the key role in development and diversification of market with the innovation or modification of products and services. The […]
Introduction to Business Plan and Service Audit A plan is how you drive the future. Nearly all business experts agree on one thing: the importance of drafting a business plan and service audit, whether you are at the start-up stage, have been in business for years, or are ready to grow. The primary purpose of […]
Localization in Marketing Adding local flavour to global brands Localization in Marketing refers to the adaptation of a product, service or offering to meet the language, cultural and other requirements of a specific target market by business. Globalization and standardization of products were common trends across the globe in the 20th century to leverage scale […]