What is a Deadlock?

According to Coffman deadlock refers to a specific condition when two or when more processes are each waiting for each other to release a resource, or more …

Training and Development of Human Resource Management within an Organization

Human resource departments typically conduct activities designed to train and develop the organization’s personnel, whether to deal with performance problems …

Benefits of having a Business on the Internet

With the expansion of technology the World Wide Web has inevitably become  not only a global source of information, but is also a place for commerce, a market …

Introduction to Insurance

Insurance is known as a risk transference strategy where a firm/person transfers a risk of significant potential loss to another party by paying a premium in …

Profit Mark Up vs Margin

Cost based pricing can be done using 02 methods: Mark up method Margin method Difference between these 02 methods can be illustrated as follows Mark Up Method …

Specialization

In developed economies, most workers specialize in performing particular tasks in production of a good or service. Very few workers make a complete product. …

Sarbanes-Oxley Act (SOX-2002)

Sarbanes-Oxley Act was introduced to USA financial reporting legislation in 2002 and set of regulations were prepared by Senator Paul Sarbanes and Michael …

Customer Relationship Management (CRM)

CRM can be defined as a frame work to identify, attract, satisfy and retain profitable customers by managing effective relationships  in order to achieve …

Introduction to Market Segmentation and Segment Bounding

Segmentation refers to “the identification of likeminded clusters of consumers who can be expected to behave in similar ways, making similar ways decisions …

Market Positioning

Product Position is defined as “the place the product occupies in consumer’s mind in relative to competing products”. Companies use product …