The business is the product of the political-legal, economic, social-cultural, and natural factors amide which it functions, Three features are common to this web of … 13 Important Characteristics of Business EnvironmentRead more
Entrepreneurship
The entrepreneur has an important role in the development of any country, the reason being that an entrepreneur is that person or group of persons that make the maximum utilization of resources of production possible available in that country.
If healthy competitive conditions prevail in society, the development of entrepreneurship or entrepreneurial is sure, whereas the unhealthy competition blocks the development of entrepreneurship or entrepreneurial.
Entrepreneurship is a systematic Lifestyle because every person has to be imaginative and creative to achieve goals in life.
8 Important Steps of Decision Making Process with Examples
The decision-making process in business is the most important function of a manager. Whatever a manager does, he does through decision-making. Decision-making is arriving at … 8 Important Steps of Decision Making Process with ExamplesRead more
6 Strategies for Motivating Employees and Increasing Productivity
It is necessary that the employees must be properly motivated to get things done by them. Management is the art of getting things done by … 6 Strategies for Motivating Employees and Increasing ProductivityRead more
12 Key Features of Good Planning in Business Management
Without planning, managers would fail to take proper decisions, and hence there would be chaos and no activity in the organization. Good planning in business … 12 Key Features of Good Planning in Business ManagementRead more
7 Important Needs of Leadership in Business
Good leadership is essential to effective management in business. The Wheels of an organization do not go around themselves but must be prepared by leadership. … 7 Important Needs of Leadership in BusinessRead more