Henry Fayol, a French industrialist, summarized the practice of management with fourteen principles.

1. Division of work: A high degree of specialization should result inefficiency. Both managerial and technical works are amenable to specialization.

2. Authority and responsibility: Henry Fayol finds authority and responsibility to be related, [...]

ABC of Business Strategy

A-    Always put top priority on strategic moves

Strategy means where we are , where we want to go, by what time and how will we do it.

. The strategic adversary is fascism… the fascism in us all, in our heads [...]

What is the difference ?

Management is an art of getting the things done from the people

Leadership is an act of influencing people to strive towards common goals

The difference is We, the people.

What are Management Graduates? Manager or Leader

Manager

Relies [...]

Marketing 4P’s

Price:

Nirma detergent powder launched in the mid- Seventies at one-third the price of its competitor HLL’s Surf. It proved to be hugely successful. To counter Nirma, HLL brought in its own low-priced detergent powder called Wheel, which also emerged successful. Launching such low priced variants might mean diluting a premium [...]

Brands are made up of four layers – the core product or service, the basic brand, the augmented brand and the potential brand.

The core Product / Service

At the most basic level, customers buy products to meet certain functional needs. However, most products and services cannot survive [...]

Biological and Physiological needs

Food, Clothing, Shelter, Sex, Sleep, Air, Food. These are the basic requirements as we say ‘ Roti, Kapda aur Makaan’. Any person will first fulfill these needs before trying to meet any other needs.

Safety needs

Safety is not an intellectual exercise [...]

At the descriptive level, certainly, you would expect different cultures to develop different sorts of ethics and obviously they have; that doesn’t mean that you can’t think of overarching ethical principles you would want people to follow in all kinds of places.

-      Deception and Fraud

Exaggerating product price, performance claims or even [...]

-          Visualization: In a one on one interview, the administrator uses advanced interview techniques to explore the images and participant reveals hidden meanings. This is because people visualize what they want, see it and feel it

-          Projective Techniques: One Approach is ‘bubble exercise’ in which empty bubbles like [...]

Are Customer Satisfied? There are few Ways the Customer feels that they are satisfied as follow -

-  Knowledgeable and available staff : Gone are the days when a consumer was made to wait for hours meet his/her requirement. Availability of skilled staff keeping customers in mind is a key to maintain relations with [...]

Sr. No
Topic

1
What is FDI?

2
Benefits of  FDI

3
India among the world’s most attractive destinations

4
Why India is a better option?

5
Do we need foreign funds for telecom sector?

6
Telecom investment framework in India

7
Introduction to Telecom Sector

8
Communications

9
Policy

10
Demand and supply

11
Basic/fixed services

12
Cellular services

13
Internet Service Providers (ISP)

14
Vsat [...]

CAREER COUNSELLING EXPO

iASPIRE 2011, The CAREER COUNSELLING EXPO at HK Institute of Management Studies & Research (Oshiwara) to be held on June 11, 2011 (Saturday) is an initiative by the management students to create a forum where practicing professionals will help career aspirants know how to build a successful career by pursuing an MBA which offers RIGHT kind [...]

Facebook is a privately owned website and social network founded in 2004 by Harvard university students Mark Zuckerberg with his fellow students Eduardo Saverin, Dustin Moskovitz and Chris Hughes. It was operation in the limited area of Harvard in 2004 and become fully accessible in 2006. The main purpose [...]