Business Management

Corporate Social Responsibility (CSR): Importance in recent years and explanation of various concepts What is Corporate Social Responsibility (CSR)? Corporate social responsibility (CSR), also known as corporate responsibility (CR) or business sustainability, is a form of corporate self-regulation integrated into a stakeholder type business model. CSR focuses on achieving business sustainability through the delivery of […]

Marketing management refers to planning, organising, directing and control of the activities that facilitates exchange of goods and services between producers and consumers/users of products and services. Children love to eat sweet things and I want to become very popular among children all over the world; for this I want to prepare a product that […]

TATA & CORUS: A Case of Acquisition Introduction Tata Steel acquiring Corus grabbed headlines all over India, and is considered a milestone in the history of Indian business. On January 31, 2007, Tata Steel (a subsidiary of Tata Group – India’s largest private sector company) acquired the ninth largest steel producer of the world and […]

Mergers & Acquisitions: Concepts explained, also find examples and case studies. The main idea behind mergers and acquisition is to form a bigger company that can grow faster, have access to newer markets, have newer strengths, and becomes a force to reckon with in the market. The two companies when merged together is worth more […]

Sales territory management Effective Sales territory management results in several benefits to the company – boost the sales team’s morale, increase sales, provide larger customer base and promote team cohesion. Management (BBA / MBA) question on Sales management / Sales territory management: Q.1 Tasty Foods Pvt. Ltd, a contract manufacturer of juices has decided to […]

Child labour is a violation of human rights. India is sadly the home to the largest number of child labourers in the world. Children are engaged as household servants and are also employed by hotels, service stations, food stalls, workshops, construction sites, carpet industries, etc. They are even employed in hazardous and unhygienic forms of […]

International marketing refers to the activities related to the sale of goods and services of one country in other countries. What is International Marketing? While international trade is about commerce between countries, international marketing is about promotion of products and services to the international market. International marketing involves creating marketing strategies and products to fit […]

Companies Act 2013: Overview and examples. The New Company Act, 2013 replaced the Companies Act, 1956 by revising the law as per the requirements of the international best practices as well in keeping with the needs of the current economic environment in India. Companies Act, 2013 The Indian Companies Act 2013 is an Act of […]

Green Manufacturing is a method of manufacturing that minimizes waste and pollution achieved through research and process design. It is also a method that supports and sustains a renewable way of producing products and/or services that do not harm us or the environment. MBA (management) questions on Green Management. Q) Green Manufacturing is important because […]

Activity-based costing (ABC) is an accounting method where costs are assigned to products (via overhead activities) in a more logical manner compared to the traditional approach where costs are usually allocated based on machine hours. ABC traces overhead costs to the various activities within the business and then assigns those costs to objects. It’s a […]

Enterprise resource planning (ERP) is the management of core business processes, often in real-time and helped by software and technology. SAP is a popular ERP Software that offers a wide range of enterprise resource planning (ERP) applications including customer relationship management (CRM), financial management, human capital management, product lifecycle management, and supply chain management. Questions […]

Quality management: TQM and related concepts, notes. Total Quality Management (TQM) Total Quality Management (TQM) is a management approach that focusses on providing unparalleled customer satisfaction and aims for continuous improvement of business operations. TQM is an improvement approach that focuses on how operations and other related processes should be managed and improved. It focuses […]

Business Management is the study of various organizational functions such as strategy, operations & production, finance, human resources, administrative, sales & marketing, and others. Here are the key subjects that are typically taught in Business Management: Core Management Functions Principles of Management – planning, organizing, leading, and controlling Strategic Management – long-term planning and competitive […]

Conflict management: why conflicts occur and various techniques tp resolve conflicts. What is Conflict? Conflict is an inevitable part of personal, organizational and societal life. We all experience conflict of one kind or the others in our life, group organization and society, Conflicts arise due to competition, differences in values, attitudes, experiences, goals and perception […]