What is SWOT Analysis in Business? SWOT Stands for strengths, weaknesses, opportunities, and threats. Strength and Weakness mean the internal strength and weakness of the company. Opportunities and Threats mean…
What is Risk Management? Risk Management is a process of minimizing risk or threat. Risk Management is the process of identifying the threat or risk that may be come after…
What is Internal Business Environment? The Internal Environment refers to the forces that are close to the company and affect its ability to serve its customers. It includes the company…
What is Decision Theory Approach? The Decision Theory Approach is the approach which helps the manager to take the effective decision in order to grow his business. Decision theory approach…
What is Cooperative Society ? The term cooperation is derived from the Latin word 'co-operari', where the word "co" means 'with' and "operari" means 'to work'. Thus, the term cooperation…
What is Environmental Management The environment is the most important thing of Human life. Big business gave a lot of things to the people but they are also impacting to…
What is Cost Accounting Cost accounting is a process of finding out the cost of the products or goods. Cost account helps to understand the pricing value of the products…
Basically there are four types of Motivation Theory of Management. These are the following : Maslow's Hierarchy of Needs Theory This theory was proposed by Abraham Maslow and is based…
Process Theory of Leadership is based of the Transformational leadership and how the leaders influences his followers. Transformational Leadership This theory is based on the assumption of James MacGregor Burns…
Reconstitution of a Partnership Firm There are various ways of Reconstitution of a Partnership Firm : Introduction of new partners (Sec. 31) Subject to contract between the partners, on person…