Incentives Meaning, Definition, Prerequisites, Types
Incentives are variable rewards granted according to variations in achieving specific results.
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Management Information System Definition, Characteristics, Components
Management Information System is a planned system of collecting, processing, storing and disseminating data in the form of information needed to carry out management functions.
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Difference between recruitment and selection
The difference between recruitment and selection lies in their focus. Recruitment is centred on attracting and motivating candidates, whereas selection concerns screening and choosing the most suitable individuals for specific roles.
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Total Quality Management Definition, Elements, Features
Total Quality Management is a philosophy that gradually evolved from management theories such as Management by Objective, quality circles, strategic planning, etc.
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Participative Management Meaning, Definition, Features, Advantages, Disadvantages
Participative Management encourages the involvement of stakeholders at all levels of an organisation in the development of strategies…
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What is Consumerism Meaning, Need, Importance
Consumerism refers to activities or policies that regulate the methods or standards of manufacturers, products, services, sellers, and advertisers in buyers’ interest. Such
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