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Showing posts from 2019
Important role of Decision-Making  Important management skill is decision-making. Managers make numerous decisions, whether knowingly or not, and making decisions is a key component in a manager’s success. Making proper and right decisions results in the success of the organization, while poor or bad decisions may lead to failure or poor performance. For the organization to run effectively and smoothly, clear and right decisions should be made. A manager must be accountable for every decision that they make and also be willing to take responsibility for the results of their decisions. A good manager needs to possess great decision-making skills, as it often dictates his/her success in achieving organizational objectives.
Behavior in Organization  The behavior of an individual in the organization is the combination between the individual and environmental characteristics. In reality, the manager should use existing resources to a certain task, and should be able to understand the difference between the behavior of different individuals and use them in the appropriate way to achieve team collaboration in the organization. 
Benefits of Digitalization  Digitalization involves exploring business models and platforms using digital technologies, devices or techniques to yield several benefits in various aspects of life. Digital solutions can simplify a country’s security and intelligence systems, and its economy and infrastructure, to name a few. For citizens, digitalization promises much needed improvement both in the delivery of public services, such as Government/Bank issued certificates, and other services, financial or otherwise. technology and the digital revolution can disrupt conventional models and bring benefits to the common man in many ways, for instance, by providing a platform that connects buyers and sellers across the globe and updates the status of transactions as they happen online. With more and more developing countries progressively reaping the benefits of digitalization, it is hoped that the digital revolution will also spread to the other nations and people who need it the...
Employees Motivators   The ability to motivate is another important skill in an organization. Motivation helps bring forth a desired behavior or response from the employees or certain stakeholders. There are numerous motivation tactics that managers can use, and choosing the right ones can depend on characteristics such as company and team culture, team personalities, and more. There are two primary types of motivation that a manager can use. These are intrinsic and extrinsic motivation.
Success is normally found in pile of mistakes Many people are so afraid of making mistakes that they never do anything. Instead, people stick to a life that is wrong where they can repeat boring tasks. If you have a dream of running a self-fulfilled life, of deciding where and how you want to live and being your own boss, there is no way around making some mistakes. Jump right in: In the middle of all the mistakes you are going to make, there is your one ultimate chance of huge success!
Opportunities don’t happen, you create them I have heard people complain that they did not get this or that opportunity or that someone else was just lucky. Well, the truth is that luck is only a small part of it. Because some people go through their life and create opportunities one of which is maybe going to be their key to success. Other people just sit on their sofa complaining that they never got a chance. Go out there. Create opportunities. Start doing, today!
                            Key Of Success            Right People + Better Content = Success Marketers always ask to businessman how to make more or better content and it’s almost always the wrong question. The right question is: How do I get my content in front of the right people. Yes, you need content and you need a lot of content. But without a targeted audience alö the great content of the world is not going to get you success. Once you have some content, it is not a question of creating more and more awesome content anymore. Instead, the big question to which you have to find an answer is how you can reach a targeted audience.
  Poor distribution is the number one cause of failure. I have heard it numerous times:  “I will do marketing when my product is ready.”  “We don’t have money for marketing, we put all our money into the product.”  “Marketing? We are going to hire an intern.” And they are all wrong. Because the number one reason why businesses fail is not a bad or wrong product. It is the failure to distribute the product and reach an interested audience. You should pay a lot more respect to distribution.
Social Factors affecting Consumer     Consumer Behaviour is an effort to study and understand the buying tendencies of consumers for their end use. Social factors play an essential role in influencing the buying decisions of consumers. Human beings are social animals. We need people around to talk to and discuss various issues to reach to better solutions and ideas. We all live in a society and it is really important for individuals to adhere to the laws and regulations of society. Social Factors influencing consumer buying decision can be classified as under: Reference Groups Status in the Society Role in ompare themselves with. Social Status An individual from an upper middle class would spend on luxurious items whereas an individual from middle to lower income group would buy items required for his/her survival. Role in the Society Each individual plays a dual role in the society depending on the group he belongs to.
Learn the art of management Engineering degrees help students develop the technical skills needed to solve practical problems in the physical world. When it comes to managing business or leading teams however, people quickly find out that there are more grey areas to navigate. An MBA helps engineering students tackle larger and more abstract strategic problems, instead of the structured engineering-focused problems they would have faced before. This means learning how to manage people and how to systematise business structures effectively. Organising the talents of a skilled workforce is the key to making sure they can help the business succeed, and is an ability that an MBA develops in students.