Concept of Strategy
Strategic management is the process in which an organization develops and implements plans that espouse the goals and objectives of that organization. The process of strategic management is a continuous […]
Expert Systems
What are Expert Systems? The expert systems are the computer applications developed to solve complex problems in a particular domain, at the level of extra-ordinary human intelligence and expertise. Characteristics […]
Group Decision Support and Groupware Technologies
Globalization has not only expanded the product markets. It has also made organizations geographically more dispersed. Therefore, the way the business is done and decisions are made has also changed […]
Decision Support Systems
A decision support system (DSS) is a computerized information system used to support decision-making in an organization or a business. A DSS lets users sift through and analyze massive reams […]
HRM Competencies
A competency is the combination of knowledge, skill, and/or ability one needs to successfully perform a job function. There are general and technical competencies, and both are required for each […]
Invention Vs Innovation
We all are aware of the fact that nothing is permanent in this world, neither products nor technology. As day by day, improvements and updation are made in technology, leading […]
Development of the Research Hypothesis and Types of Hypothesis
DEVELOPMENT OF THE RESEARCH HYPOTHESIS The hypothesis is directly related to a theory but contains operationally defined variables and is in testable form. Hypotheses allow us to determine, through research, […]
Market segmentation, Targeting and Positioning
Market segmentation is a process of dividing the entire market population into multiple meaningful segments based on marketing variables like demographics (age, gender etc), geographic, psychographics (lifestyle, behaviour) etc. Segmentation […]
Demand Forecasting
Demand forecasting and estimation gives businesses valuable information about the markets in which they operate and the markets they plan to pursue. Forecasting and estimation are interchangeable terms that basically […]
