- Administration
Total Quality Management (TQM)
Before understanding the meaning of Total Quality Management (TQM), let us first know what does Quality means? Quality is a parameter that decides the inferiority or superiority of a service or product. Quality plays an…
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Scientific Management Theory by Taylor
This article will describe Frederick Taylor’s Scientific Management Theory. At first, we know about Taylor and his contributions. Frederick Winslow Taylor was born on March 20, 1856, in Germantown, Philadelphia, Pennsylvania, USA. He was a…
Read More » - Business
Vertical Integration Strategy (Backward and Forward)
The field of competitive strategy choice has a lot of strategy models. Here, a vertical integration strategy is a common name. This strategy consists of another two sub-models. These sub-models are a forward integration strategy…
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Cooperative Strategy Advantages and Disadvantages; with Types
The philosophy behind the cooperative strategy is that a company cannot always stand or go alone. Reasonably, it can make stronger its effectiveness through bring into being partnerships with other companies. In recent years, the…
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Business Objectives Examples for Small Business
Once the firm’s strategic analysis has been completed, the strategy-makers responsibility is now to take the initiative for setting business objectives examples. These business objectives examples would form the basis for formulating a strategy. As…
Read More » - Governance
Difference between Democratic and Republican Party, with Similarities
Democrats and Republicans are the two main political parties in the USA. Both parties hold the most of the seats in the Senate and the House of Representatives. They also obtain the maximum number of…
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Difference between Qualitative and Quantitative Research
Before going to what is the difference between qualitative and quantitative research? We have to understand what the research is. Research is a popular tool to increase and enrich the stock of knowledge about something…
Read More » - Management
Competency Management Model
In the strategic management concept, a competency management model describes the skill and knowledge necessities of a job. It is an assortment of competencies that cooperatively define efficacious job presentation. Competency management models are broadly…
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