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Enterprise Architecture
The Enterprise Architecture is an exhaustive description of the structural and managerial architecture of an Enterprise. Managing and designing an enterprise is a herculean task. For effective and efficient working of an enterprise it is necessary...
Pricing Strategy Approaches and Methods
Pricing Strategy is a method where goods are strategically priced to achieve a desired sales rate, cover the inventory costs, compete with other stores, and make a profit. The overall objective of conducting a business is to obtain profit from...
E-Commerce Technologies
Developments in information and communications technology (ICT) have created opportunities to build new business models and to better integrate organizations with customers and suppliers. Technology serves both as a driver of change, as well...
Enterprise Resource Planning (ERP)
ERP is a complete business solution which undertakes all the functional requirements of an enterprise. Its major goal is to integrate all the functions of an organization in a well-knitted manner so as to effectively and efficiently pave-way...
Recession
In the parlance of economics, a Recession is defined as the slowdown in the economic activity. Generally, an economy is said to be in Recession when the slowdown in its economic output persists for a significant time period. Technically,...
The Bullwhip Effect
In scenarios wherein customer demand for products vary significantly over a particular time period , the propagation of these demand fluctuations to various levels of the supply chain occurs. This phenomenon is termed as the Whiplash Effect,...
The Performance Appraisal Process
A performance appraisal process entails the following steps–
Ascertaining the performance standards
Communicating these standards
Measuring the Actual Performance
Comparison between the Actual and the Desired Performance
Discussing the Results...
Performance Appraisal : An Introduction
Performance Appraisal is a process involving employee’s performance review & assessment over a given period of time. It is also referred to as Performance Review or Employee Appraisal. Performance Appraisal is used as a powerful tool...
Recruitment Vs Selection
Recruitment and Selection are the two key phases in any employment process or exercise. A clear understanding of the differences between the two becomes imperative as many-a-times both are quoted /used synonymously.
RECRUITMENT
The process...
Supply Chain Management
Supply Chain
A network that encompasses all the activities, beginning from the procurement of raw materials, their transformation into work-in-progress or intermediate products & finished goods and finally their distribution to the end-users...
