Types of Economic Analysis

Types of Economic Analysis

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

Server Process – What is a Server Process?

What is a Server process?

What is a Server Process? A programme or job that operates on a computer and supplies a particular service or function to other programmes or devices that connect to it is known as a server processes. A server processes can be either a programme or a task. Typically, it is a long-running process that constantly … Read more

State Management Overview in Web Technology

State Management Overview in Web Technology

What is state management? The practice of preserving and monitoring the current state of an application or system is referred to as “state management.” In web technology, this usually means managing the state of a web application, like a website or web-based app.  Because a web application typically consists of multiple components, such as server-side … Read more

Advantages and Disadvantages of strategic management

Advantages and Disadvantages of strategic management

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

Expectancy Theory of Motivation

Expectancy Theory of Motivation

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

Introduction to Strategic Management

Strategic Marketing Management

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

6 Common Challenges of ERP Implementation

Common Challenges of ERP Implementation

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

Advantages and Disadvantages of SaaS technology

advantages and disadvantages of SaaS technology

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

What are the different ingredients of CRM that contribute towards the efficiency of a business process?

different ingredients of CRM

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

Advantages and Disadvantages of Microfinance

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

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

Types of Productivity in Operation Management

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:

Qualitative sociology can be defined as:

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