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What is Expectancy Theory of Motivation ? The Expectancy Theory of Motivation is a psychology theory that explains why individuals engage in particular behaviours or acts. This theory posits that individuals are motivated to engage in behaviours when they believe their actions will lead to desired results and when they value those goals high enough … Read more
Strategic Marketing Management Strategic Marketing Management Definition Strategic marketing management is a methodical approach to defining a company’s business, mission, and goals, as well as identifying and outlining opportunities, developing product-market strategies, budgeting monetary and operational resources, and reconceptualisation. Strategic Marketing Management Overview Strategic marketing management compose of continuous and thorough market research to identify … Read more
What is the difference between Domain Class Diagrams and Design Class Diagrams? Select one: a. Domain Class Diagrams are exactly the same as Design Class Diagrams b. Design Classes are in fact not real c. Domain Class Diagrams are logical while Design Class Diagrams are conceptual d. Domain Class Diagrams are conceptual while Design Class … Read more
What are some Common Challenges of ERP Implementation? The 6 Common Challenges of ERP Implementation are as follows: Objective not clear: Institutions do not set out clear objectives, for ERP implementation, which are to be achieved. The question of whether you need an ERP for your institution should be answered first. Lack of training for the user: … Read more
What do you understand by the term SaaS? What are the advantages and disadvantages of SaaS technology? Briefly explain. Software as a service (SaaS) is a software distribution model in which a third-party hosting providers applications and makes them available to customers over the internet. Advantages and Disadvantages of SaaS technology The following are the … Read more
Describe the steps in preparing for conducting and following up on an interview session. Steps in Preparing for the interview: Determine the objectives of the interview: interview must have a particular objective and must be able to achieve the predetermined objectives. Set the questions and issues to be discussed: try to set the possible … Read more
Different ingredients of CRM that contribute towards the efficiency of a business process Consumer relationship management, or CRM, is the central mechanism through which a company or other organisation manages its contacts with its clientele by analysing massive volumes of customer data. It entails a wide range of factors crucial to the effective management of … Read more
Advantages and Disadvantages of Microfinance What is Microfinance? Microfinance is a type of banking service that is supplied to those with low incomes who do not have collateral, and as a result, they have limited access to financial services. People with low incomes, both individuals and groups, often end up taking out loans for relatively … Read more
Difference between Traditional Financing and Micro Financing Traditional financing The term “traditional finance” refers to loans that are obtained by engaging a bank or any other type of financial organisation as the lending source. Traditional financing can refer to a wide variety of various loan kinds; nevertheless, the term “traditional financing” is most commonly used … Read more
Types of Productivity in Operation Management Productivity in operation management Productivity in operation management is the ability of a business or organisation to do activities more effectively. This can be achieved through a variety of methods, such as cutting costs, enhancing quality and efficiency, and enhancing customer service. Companies should explore using new technologies that … Read more
Qualitative sociology can be defined as: A. In-depth interviews, focus groups, and/or analysis of content sources as the source of its data. B. Virtual interactivity, online polls, and online gaming. C. Door to door sales pitches, cold calls, and press conferences. D. Statistical methods such as surveys with large numbers of participants. The correct answer … Read more
Which of the following is not a creative thinking exercise entrepreneurs use to generate ideas? A. Challenge the Usual B. Judge Each Idea as Realistic or Not C. Draw Idea Maps D. Think Backward View Answer Also view: An important feature of Emergency operation plans is that they
Business law, also known as mercantile law or commercial law, is a body of rules and laws that regulates business organisations and other actions concerning commercial affairs. All laws that offer instructions on how to establish and operate a business legally are included in the field of business law. The laws and regulations that control … Read more
What are the Functions of Business Law? Business law is a set of rules, regulations, and principles that governs the activities of a business. Business laws depict the backbone of an organization about the business process. Every nation has its own kind of business law for operating its business. Some examples of business law include … Read more
The world is rushing towards new and better technology every day and that is amazing. However, it can be life-threatening issues somehow if we misuse them. As seen recently Optus hack in Australia gives rise to be very careful about the use of technology and aware of how to be secured. Internet security is one … Read more
Forces Affecting Organization Environment Relationships Executives are responsible for making strategic decisions for their companies based on the external environment in which the company operates. For instance, environments frequently place significant limitations on the aims that a business can pursue. A corporation that sets a target to raise sales by 50 per cent may find … Read more