Introduction to Database Management System To understand Database Management System (DBMS), we must understand the term ‘database’. A database is a structured set of data in a system. Databases support electronic storage and manipulation of data. Databases make database management easier. All these above systems are some of the real life examples of databases. A … Read more
Introduction Stock investment provides a great potential for growth for the investors. There are millions of individuals trading in stocks daily in different stock markets. Also, this market plays a significant role in the growth and development of commerce and industry. Stock market has also become a primary source to raise funds for business for … Read more
Introduction The term “participative management” refers to the practice of actively including organization members in all of its decision-making processes. It can also be referred to as participatory decision-making or employee involvement. This type of management system encourages the involvement of employees and stakeholders at all organizational levels in the analysis of issues, creation of … Read more
Proactive Marketing Proactive marketing also known as predictive marketing is a marketing approach that helps businesses develop marketing strategies based on data analytics. Companies that follow proactive marketing usually evaluate the performance of a marketing effort through data analysis. Based on the data, the company will then optimize its marketing plans and strategies with the … Read more
Introduction Berkshire Hathaway – an American multinational corporation holding firm, has its main office in Omaha, Nebraska. It owns over 60 businesses, including Duracell and Dairy Queen. Berkshire’s subsidiaries engage in a range of commercial endeavors. Insurance firms, a freight railway transportation company, and a collection of utility and energy producing and distribution companies are … Read more
Balance of Payments (BoP) The Balance of Payments (BoP), commonly referred to as the balance of international payments, is a list of all economic transactions that take place between entities in one nation and the rest of the world within a specific time period. In other words, Balance of Payment is a balance sheet of … Read more
Introduction to Performance Management Performance management is the process of measuring and evaluating an individual’s performance against a set of objectives. It is done by aligning employee performance and their efforts in achieving the goals efficiently. It is important to note that performance management should be a two-way street. The effective performance management can only … Read more
Introduction to Portfolio Management Portfolio management is the process of managing an individual or a company’s investments in order to maximize their earnings within a given time frame. It is the process of choosing and managing a collection of investments to suit the long-term financial goals and risk tolerance of a client, a business, or … Read more
Meaning and Definition of Policy A policy is a set of guidelines that an individual, company or organization follows to ensure best practices. Policies help to make sure that there is consistency and clarity in what needs to be done. Policies generally are in alignment with organizational values. Top level management often creates and communicates … Read more
Introduction The word ‘sales management’ is a combination of two concepts i.e. sales and management. Sales is an art of persuading a prospective customer to purchase a product or service. Management is the process of getting things done through others with the help of managerial activities. Thus, sales management is the process of managing, leading … Read more