Everything you need to know about the definitions of product. A product is meant to satisfy the need of the customer. It may be referred to as anything that is to be offered to a market that might satisfy a want or need of a consumers. There are two concepts of product viz., narrow concept and wide concept. Under the [...]
Everything you need to know about the definitions of management. Management is what managers do. It also refers to people at the top level, in the organisation, concerned with decision-making. "Management is the art of getting things done through and with people in formally organised groups." - Koontz "Management is simply the process of decision making and control over the [...]