SHould entrepreneurship be encouraged?? Yes, it should be always encouraged. Compared to developed nations like USA and China, we are still lagging behind and are still called as the developing country. Entrepreneurship helps in the development of the society as a whole. It helps in the up liftment ...

Market is a large place consisting of different type of consumers and buyers. It is very important to segment your market and find your target market. There are different prospects under which you can segment consumer market. 1. On basis of geographic area: If your product caters to particular regio...

Span of control is the number of subordinates managed by the superiors in an particular hierarchy or organisation. Basically, it means the number of subordinates reporting to their superiors. How, a superior handles the number and quality of its subordinates is span of control. He has the power to c...

There is a difference between a prospect and a buyer. Prospect is one who just wants to know the details about the products or services. Whereas, a buyer is one who buys the products and services. He comes to the shop to buy goods and services. Prospect comes to shop just to know what other products...

I believe that the top management is not completely responsible for the success and failure of the organisation. It is everyone's efforts which help in growing the organization. Top level management is responsible for framing the policies, mission, vision and also allocating work to middle level man...

Career development is a process which goes on and on. You develop more and more to your career. There is no full stop. The basic career development process starts with a passionate and enthusiastic need where you aspire to become a somebody from a nobody. You should always have that enthusiasm. Then...

Day by day new technology is coming up. Samsung is increasing their sales, google also going good, apple now needs the innovation required. So, here apple is introducing the iwatch. The iWatch will bring new inputs from the wrist to allow entirely new technology, the iWatch won't be your smartwatch,...

One of the things in the world of business is the way in which practices, approaches and technology are constantly changing and developing. Technology is changing every day bringing new inventions every day. You have to change with the change in the technology, otherwise the competitors in no time w...

There is difference between goal and objective. We usually use these two words simultaneously. Goals are considered to be for long term needs and for broader perspective which takes time to accomplish. Objectives are short term needs and which are for a short period of time. Objectives help in the a...

People consider leader and manager the same. But, there is a lot of difference between them. Manager plans and organises, whereas leader inspires and motivates his team members. Leader handles all the innovation of ideas part whereas a manger handles all the administrative part. Leader develops all ...