PESTLE analysis is a strategic management technique that can be used to evaluate and assess the risks outside the firm. Let us see a PESTLE analysis example to learn how to do this analysis. PESTLE Meaning The word PESTLE is an acronym consisting of the different aspects of this analysis. PESTLE analysis is a strategic …
Organizational change is a complex process of transition. This article is a guide for students,managers and leaders to be skillful in executing change.
How to do SWOT analysis perfectly? This is a simple tool for analyzing a firm’s situation, however if you don’t do it correctly, it is not effective!
The 4 Ps of the marketing mix summarizes entire marketing. Usually, your first encounter with the 4 Ps happens during the very first week of your MBA. We explain what are the 4ps of the marketing mix in simple and easy language. Follow along to get an overview of this simple yet powerful concept. Moreover, …
The word strategy is quite common in our daily language. However, it is an important business concept. Therefore, we have compiled the list of definitions of strategy. Subsequently, we have provided a simple explanation of what strategy means. Origins: what strategy means for the military Strategy as a concept originated in the military. The word …
A simple explanation of Porter’s 5 forces with real-life examples. Understand this model to analyze the competition for a firm and assess the profitability
FW Taylor was one of the first proponents of a theory of management. He proposed four principles of management. Read about its pros and cons here.
Transformational leadership is one of the most effective styles of leadership styles worldwide. In this article, you will learn about how to be one.
Problem-solving is a higher-order cognitive process. Know about the different theories and strategies of problem-solving in this article.
What is Autonomous Consumption? Autonomous consumption definition The consumption that is independent of the level of income is called autonomous consumption(AC). It is also known as exogenous consumption. Apart from the bare necessity for survival, it may also include payments towards loans and other obligations. The counter to this type of consumption is induced consumption(IC) …
Executives must have a basic understanding of FCPA. Foreign Corrupt Practices Act has major implications for violators and jail term up to 5 years.
Create a Kahoot game in 5 minutes. This is a definitive guide on Kahoot.it games. Everything you need to know about signing up and creating your first quiz. Kahoot CEO and other company details are also shared.