Leadership style is a broad term without a commonly accepted definition. In a sense, an individual’s leadership style is the sum total of the way in which the leader interacts with his or her followers. This includes the manner by which the leader provides overall direction as well as specific […]
Jack Prot
Why Basket Building Is Vital to Retail Management Success
How big is the shopping basket in your retail business? Not shopping baskets you may have for customers but the virtual basket containing what each customer purchases in a single sale. So, how big is the average shopping basket in your store? If you do not know, you need to […]
7 Pillars of Marketing Management
Marketing management refers to the process of planning effective marketing strategies, advertising and promoting the products and services, and managing the sales to reach the customers so that the company gains immense profits. The companies thus seek for adept candidates who can serve as marketing managers and take the organizations […]
Celebrities Endorse No Texting While Driving Campaign
Everyone knows that it’s dangerous to drive when you’re distracted. Cell phone usage should not occur while driving and that includes texting. Unfortunately far to many people do not practice safe driving. This is a very real and scary habit of teenage drivers. Whether you’ve been driving for 5 days […]
Why Obama’s Email Changes Business
The fact that the electronic message was sent before the historic moment is symbolic of the power the communication medium and what it meant to Obama’s campaign. This observation serves as a notice for businesses: Emails are more than just a means to communicate. The campaign’s use of electronic messaging […]
Rectification Of Accounting Errors
Accountants prepare trial balance to check the correctness of accounts. If total of debit balances does not agree with the total of credit balances, it is a clear-cut indication that certain errors have been committed while recording the transactions in the books of original entry or subsidiary books. It is […]
Paradigms of Working Capital Management
INTRODUCTION For increasing shareholder’s wealth a firm has to analyze the effect of fixed assets and current assets on its return and risk. Working Capital Management is related with the Management of current assets. The Management of current assets is different from fixed assets on the basis of the following […]
Effective Leadership Skills – A Leader’s Core Strength
What does it take to acquire effective leadership skills? First, you have to be good with people. Leadership is highly interpersonal, so many people skills are involved. To name a few: listening, accepting feedback, giving feedback and resolving conflict. These are skills you use with people, and you can learn […]