The term 'objectives' has been defined differently by different authorities in management literature. Some of them are given below: 1. 'Objectives here are the statements of planning purpose developed within any kind of business plan. They are established within the framework of a planning process, and they normally evolve from tentative and vague ideas to more specific declarations of purpose. [...]
According to AI Ries and Tack Trout, the marketing strategies of a firm are basically of four types. The types are:- 1. Offensive Strategy 2. Defensive Strategy 3. Flanking Strategy 4. Guerrilla Strategy. Type # 1. Offensive Strategy: This strategy of marketing is pursued by the firms which are leaders in the market. The leading firms are usually possessed of [...]
In this article we will discuss about the definition, impact and relevance of leadership styles in an organisation. Definition of Leadership Styles: Throughout human history, the meaning of leadership has remained the same, although the various ways and styles in which leadership is translated into practice have undergone a whole lot of transformation. Leadership is defined as the process of [...]