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Business Studies

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 …

Read moreContingency Theory: Meaning, Features, Evaluation and Limitation

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 …

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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 …

Read moreCustomer Lifetime Value: Meaning, Calculation method & Example

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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Logistics Management: Meaning, Nature, Scope, Objectives and, Importance

Meaning Logistics Management Logistics Management is simply the movement of things in between the point of origin and point of …

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Industrial Market: Meaning and its Segmentation variables

Meaning of Industrial Market Industrial market is a market in which one business sells products or services to another business. …

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What is Vestibule Training? Advantages and Disadvantages

Meaning of Vestibule Training Vestibule training is one of the on-the-job training where technical staff is trained on how to …

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Project: Meaning, Characteristics, Types, Objectives, Importance

Meaning of Project Project refers to the series of tasks that need to carried out in order to reach specific …

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