Which of the following correctly describes NIMS A) A communications plan.B) A response plan.C) A static system used during large-scale incidents.D) A systematic approach to incident management. The correct answer to above question is Option D) A systematic approach to incident management. NIMS(National Incident Management System) is a national approach to incident management. It describes every … Read more
Which position is always staffed in ics applications? A. Incident CommanderB. Safety OfficerC. Operations Section ChiefD. Public Information Officer The Correct Answer for the given question is Option : A. Incident Commander Incident Commander Incident Commander is the position that is always staffed in ics applications. Incident Commanders are in charge of monitoring all parts of … Read more
Before understanding Types of Economic Analysis lets understand the basic concept about Economic Analysis. Economic analysis is the process of looking at how goods and services are made, distributed, and used. It means using economic ideas and methods to figure out how an economy works and how it can be made better. Economic analysis can … Read more
What are the Advantages and Disadvantages of strategic management ? The process of making judgments and carrying out activities that will mould and direct a company or other type of organisation is referred to as strategic management. This process includes creating objectives, conducting an analysis of the competitive environment, and identifying both internal and external … Read more
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
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
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
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
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
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
Management Information system Management Information system (MIS) Definition An Information system that consists of people, software and databases is known as Management Information System. MIS is used by organizations for making decisions, records, analysis, and control over management. It supports data collection, analysis of data and providing support to management. Management Information System Overview A … Read more
Dynamic pricing is a pricing system that changes based on the demand for a product. The price changes can be done in real-time, or they can be programmed ahead of time. Dynamic pricing is used by companies to maximize profits and reduce losses by adjusting the price of goods according to what consumers are willing … Read more
Supply Chain Management Competition When it comes to supply chain management, competitiveness refers to the degree to which demand and supply are able to be matched within a competitive environment. When there is a decrease in demand or an excess supply in the market place, companies will need to offer dropping prices or improving quality … Read more