Layoff Procedure
Layoff Procedure Layoff implies temporary removal of art employee from the payroll of the organization due to circumstances beyond the …
Business Studies
Social Loafing: Meaning, Types, Causes and Effect
Meaning of Social Loafing Social loafing is a phenomenon that put forward the working behaviour of an individual when working …
Company: Formation process, Advantages and Disadvantages
Meaning of Company A company is a legal entity which is created through association of peoples for attaining common goals. …
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Strategy Implementation: Meaning, Process, Prerequisites and Aspects
Meaning of Strategy Implementation Strategy implementation is a process of translating the formulated strategies into organizational actions for achieving desired …
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Strategic Business Unit: Meaning, Characteristics and Structure
Meaning of Strategic Business Unit Strategic business unit is an autonomous division of a big company that operates as a …
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Contingency Theory: Meaning, Features, Evaluation and Limitation
Meaning of Contingency Theory Contingency theory refers to an organization theory that asserts that there is no single best way …
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Hypothesis: Meaning, Characteristics and Procedure
Meaning of Hypothesis Hypothesis refer to an assumption made for investigation on basis of some evidence. It is inference that …
Matrix Responsibility Chart: Meaning, Advantages, and Disadvantages
Matrix Responsibility Chart Matrix responsibility chart is a diagram that identifies all major roles and responsibilities of participants involved in …
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Customer Lifetime Value: Meaning, Calculation method & Example
Customer Lifetime Value Customer lifetime value is the value of total money that a company will get from a particular …
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Ethnocentric Approach: Meaning, Advantages and Disadvantages
Meaning of Ethnocentric Approach Ethnocentric approach is one of the international recruitment method in which all positions for international business …
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