Short Paragraph on Importance of Corporations What is a corporation? The word ‘corporation’ comes from the Latin word ‘corpus’ which means ‘body’. A corporation is thus a group of people working together as if they were in some sense a single entity – a single body. Corporations are legal entities that are separate from…
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Short Paragraph on Advertising Advertising is a method of conveying a message to the public. In particular, an advertisement seeks to present a positive image of a company, brand, product or service. Thus, advertising what we call a brand’s communication to the general public. By means of adverts in print media, in video…
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Partnership: Meaning, Advantages and Disadvantages What is the Meaning of Partnership? A partnership occurs when several people work together for a common aim. Partnership means engaging with one’s partner. A partnership usually involves two people, however, it can involve three or more. All of the people involved in the partnership are called ‘partners’. A…
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Partnership Business: Merits and Demerits of Partnership Business What is Partnership? A partnership business ( also called partnership firm) can be a formal, legal term for a business relationship in which two or more people are jointly responsible for the profits and losses of a business entity. Partnership is when several people work together…
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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…
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Marketing: It’s Meaning and Importance Marketing is the process of selling products and services. Marketing strategies usually involve identifying what customers (or potential customers need), and then demonstrating that a given company meets that demand. Marketing can be done via advertisements online, in print media, on the TV or on the radio. Billboards…
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Leadership: It’s Meaning and Importance 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…
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Importance of Planning in an Organization Planning refers to drafting out of future plans now. Without proper planning, a lot of trouble and confusion could rein in an organization. The following reasons explain why planning is an essential part of any organization. 1. Creating competitive advantages Planning helps an organization recognize their strengths…
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How to Communicate Effectively? – 10 Ways Effective communication is a vital skill. It can make political deals go smoothly, save relationships and ensure that family life is a life of peace and harmony. Whether you want to clinch an important business deal, work out an issue with your partner, or just let…
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Globalization: Its Meaning and Importanc Globalization is a word that is all too familiar because it’s often used in the mainstream media or we read about it in different publications. So what is globalization? Globalization can simply be defined as the process of going global. The word globe as we know it refers…
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