Start Digital Learning Here
Certain strategic decisions are only undertaken by the sole authority with far-sightedness and persuasive power, like an influential CEO or a dynamic entrepreneur. Other than this, sonic strategic decisions are formed based on incremental choices, which drive the organization more toward one direction than the other after some time. Mintzberg’s modes of strategic decision making…
Read More “Economical 4 Modes of Strategic Decision Making” »
Personal selling is the systematic process through which the salesperson closes a sale. It starts with identifying the prospects, approaching them, presenting the products and services, handling their objections, closing the sales and finally following up with the customers. Process of Personal Selling The steps in the personal selling process are as below: 1) Pre-sale…
Strategic management refers to the system of making plans, executing, and comparing an employer’s strategies to gather its long-term desires and goals. It includes reading the internal and outdoor factors that could impact the corporation, setting clear goals, formulating suitable techniques, and implementing them successfully. It shows the relevance of strategic management. In the following…
Read More “6 Limitations | Extraordinary Importance of Strategic Management” »
The list of potential event consumers can purchase through the organizers from direct marketing agencies. While gathering clients’ statistics to create a database, an agency follows specific guidelines and guidelines to maintain the customers’ privacy and benefit their approval and acceptance as accurately as possible. Thus, clean expertise of guidelines in association with direct advertising…
Read More “10 Advantages of Direct Marketing | Disadvantages” »
Strategic management involves unique employer-extensive activities such as analyzing the surroundings, presenting paths, developing and enforcing techniques, and using strategic control measures. In the next section, you will know the objectives and scope of strategic management. Strategic Management Definition According to Lloyd L. Byars, “Strategic management is worried about making selections about companies’ destiny direction…
Read More “4 Objectives | Limited Scope of Strategic Management” »
Production and Operations Management (POM) is an essential component of an enterprise specializing in making plans, organizing, and controlling the tactics involved in producing goods or delivering services. The features of production and operations management are the sports done to ensure that services or products are produced successfully and successfully. These capabilities are complicated and…
Read More “12 Illusive Functions of Production and Operations Management [Official]” »
Direct marketing is a channel through which a corporation communicates with its clients on a one-to-one basis and sells its items and offerings without delay to them. In the following sections, you will know the functions of direct marketing. Traditionally in advertising, organizations use indirect techniques to attain a huge variety of customers. Direct advertising…
Advantages of Marginal Costing The following are the principal advantages of marginal costing: 1) Simple to Use and Understand Marginal costing method is straightforward and handy to use. Since this technique excludes ongoing costs and uses only variable fees, the value statements are clean to apprehend and put in force. 2) Avoids Under-Absorption of Overhead…
Read More “6 Extraordinary Advantages | Disadvantages of Marginal Costing” »
Cash Flow Statement As Per AS-3 The Accounting Standard-three (AS-3), referring to the Cash Flow Statement, issued by the Institute of Chartered Accountants of India’ (ICAI) Carlice, was revised in the year 1997. Further, regarding the commands issued by the Securities and Exchange Board of India (SEBI), indexed agencies must furnish a replica of Cash…
Organizations should create a distinct role in cutting-edge global business, marked with cutthroat opposition if you want to hold the current group of consumers and upload on new consumers. In the following article, you will know the advantages and disadvantages of public relations. Forming and holding great popularity in the public’s minds is also critical….
Read More “4 Key Advantages & Disadvantages of Public Relations” »
![12 Illusive Functions of Production and Operations Management [Official]](https://studynotesexpert.com/wp-content/uploads/2023/08/12-Illusive-Functions-of-Production-and-Operations-Management-1.webp)
