Introduction: A leader is essential in any organization or team. Leadership is a quality that is not possessed by everyone. However, it does come naturally to some people. Meaning of Leadership Leadership, as the name suggest, is the art of leading a group of individuals. Leadership is an activity which involves inspiring subordinates to work hard and perform their best to … [Read more...] about Leadership: Its Meaning and Importance
Business
Advantages and Disadvantages of Companies (or Corporations)
What is a company or corporation? The word 'company' comes from the Old French word for 'companion' and it refers to a group of people who are united by common goals or aims. The word 'corporation', which comes from the Latin for 'to combine into one body (of people)', has the same meaning. So, these words are often used interchangeably. Companies and corporations are legal … [Read more...] about Advantages and Disadvantages of Companies (or Corporations)
E-commerce: Meaning, Advantages and Disadvantages
Meaning of E-commerce E-commerce or electronic commerce simply refers to carrying out business transactions over the internet. The commercial activities are accomplished electronically over the global network of computers. Just like in conventional businesses, electronic commerce has all the aspects of a business transaction such as buying, selling, and payments. The major … [Read more...] about E-commerce: Meaning, Advantages and Disadvantages
Why is Time Management Important? How to Manage Time Effectively?
What is time? Time is what the clock measures. This definition was pinned down by the famous Physicists like Albert Einstein, Ivey Donald, and a couple others. This is the basic form of explanation that almost every individual understands because we all own watches. Time also refers to the totality of three main events: the past, present, and future. The past refers to the … [Read more...] about Why is Time Management Important? How to Manage Time Effectively?
Organizational Communication: Various Types of Organizational Communication
Maintaining good communication within an organization is absolutely crucial if we want that organization to flourish. There are many different types of organizational communication. However, all types of organization communication have this in common: they help members of an organization to work well together, and they help to prevent and heal any disputes or moments of discord … [Read more...] about Organizational Communication: Various Types of Organizational Communication