Tag Archives

Introduction to JIT (Just in Time) Concept

JIT in time concept was initiated in Japan making the Toyata as its mater piece. JIT is system whether company starts manufacturing/purchasing once the …

What is Foodflation?

Foodflation has become a buzz in the world economy and said to have major impact on developing nations. What is this foodflation? What is happening to world …

Roles and Responsibilities of Human Resource Department/Manager

Human resource (HR) department deals with wide range of activities from strategic planning level to the day to day operations level. Therefore defining roles …

PESTN Analysis

PESTN analysis is used to analyse in analysing the cusrrent state/position in the organization in relation to its external environment. As the beginning of the …

What is Triple Bottom Line of a Business?

When it comes to "bottom line" of a business all what we recall is the profit of an organization and now new concept introduced called "triple bottom line"

A New Model on Strategic Management

Strategic Management is the process by which the organization identifies its desired level of performance and developing/executing an action plan to achieve …

What is Entrepreneurship?

Entrepreneurship is defined as the process of making money, earning profits and increasing the wealth while posing characteristics such as risk taking, …

What are the Benefits of Strategic Management?

Strategic management includes strategic planning, implementation and review/control of the strategy of an organization. All most all the modern organizations …

What are the Characteristics of a Good Strategy?

Strategy can be defined as a means to achieve desired objectives of a firm. Managers are responsible of making the strategy for the organization and they wish …

What are the Basic Functions of a Manager?

There is a management/manager for every business and business¬†activities. Depending on the size of the organization there can be managers at functional level …