Importance of Organisational Behaviour

Understanding the importance of Organisational Behaviour provides direction to the Organisation. Organisational behaviour has great significance & relevance in today’s business environment. Studying OB helps to understand and predict organisational life. It also helps to understand the nature and activities of people in an organisation. It has great need and Read more…

Heckscher Ohlin Theory of International Trade

Swedish economists Eli Heckscher and Bertil Ohlin developed the theory of relative factor endowments to answer the question – “How do the countries acquire comparative advantage?” Heckscher Ohlin Theory of International Trade considers Factor endowments of the trading region to predict patterns of commerce and production. The key factor endowments Read more…

Importance of Motivation in Organization

This post covers the importance of motivation in an organization with the help of the following points. We also have given some examples to simplify the concept of employee motivation and it’s importance in the workplace to improve the efficiency & efficacy of the work. Motivation is important for both Read more…

Interdisciplinary Dimensions of Consumer Behaviour

There are various factors or disciplines which affects consumer behaviour. These interdisciplinary dimensions can change Consumer Behaviour and their buying decisions. This article will explain the Interdisciplinary Dimensions of Consumer Behaviour with suitable examples. Five Interdisciplinary Dimensions of Consumer Behaviour 1. Economic Demand, Supply, Income, Purchasing Power 2. Psychology Needs, Motivation, Read more…

Consumer Behaviour Definition and Concept

This article explains Consumer Behaviour definition and concept in a simplified way. It also elaborates on nature and meaning in detail with the help of various examples. Nowadays, consumer is the main focus of any business. Getting an idea about Consumer Behaviour and their actions to purchase or prefer any Read more…

Theoretical Framework of Organisational Behaviour

This article covers the Theoretical Framework of Organisational Behaviour and related theories. Even though Organizational Behavior is a study of behaviour which is not visible, some theories are developed which will give a framework to understand, predict and manage the behaviour of the human being in the organisation. Even though Read more…