Maslow’s need hierarchy theory of motivation is the one of the simplest Theory on motivation and this theory is used Widely. This theory was developed by Abraham Harold Maslow. Maslow’s need hierarchy theory mainly emphasis on: —-Human beings are full of needs and […]
The model of Generic Competitive Strategies given by Michael Porter is also known as Generic Business Strategies. Here we can explain this model with the help of positioning and its relation with factors given by Porter. The model of Generic […]
The concept of Synergy and Dysergy is used in Strategic management for corporate portfolio analysis. We have given the Definition and Meaning of Synergy and Dysergy with suitable examples. Synergistic effects Synergistic effects may be negative or positive, we can […]
Size Exclusion Chromatography (SEC) is the separation technique used primarily for analytical assays and semi-preparative purification. In this method molecules in solution are separated by their size and by molecular weight. Tosoh Corporation (Toyo Soda) was the first company to […]
Commercial Geography is the relation between Geographic Structure and Commercial Activities. The Commerce depends on the structure of the Geography and related factors such as Land Structure, Population, Climate, Temperature, Stability and many other things. Definition of Commercial Geography “Commercial […]
A strategy can be defined in many ways with the help of various Management concepts. The word and concept of strategy originated from the Greek word “Strategos”. We have given all possible definitions, concept and explanation in this article with […]
With the help of following points, we can understand the difference between BPO and KPO. BPO and KPO are the important buzzwords in the world of business. BPO stands for Business Process Outsourcing. KPO stands for Knowledge Process Outsourcing. KPO is more specific, […]
Inventory control & Cost Reduction techniques is an important part of materials management which helps to reduce the overall cost of Inventory control by applying various basic as well as innovative techniques such as Inventory turnover ratio, Standardization and codification, […]
Selective Inventory Control is an essential part of Materials Management. Selective inventory control is emphasized on variations in methods of control from item to item based on a selective basis. We can not apply uniform control since it’s expensive and […]
There are various costs associated with Inventory Management that affects the overall process of materials management. We can describe all these types or classifications of costs involved in inventory with suitable examples. Generally, we categorize it into three types – Purchase cost, […]
This article focuses on the need of Inventory Management and its importance in the organization. inventory control helps to manage resources and smooth the flow of production to fulfil demand. We have tried to cover all points necessary to elaborate […]
If you are looking for the definition and meaning of wholesaling in simple words, then this post is for you. Let’s understand wholesaling definition and meaning in plain English. Wholesalers are intermediaries in the Marketing distribution chain. They play a […]