Category: MBA Notes
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Role of Social Media in your Business
The way in which social media has changed our thinking and living standards today is really terrific. You must accept the great role which social media plays in every field of our life and that too, without compromising with the quality, facilities and level of services that it offers. Though most of the people started…
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Stages of Negotiation – Project Management
Negotiation generally progresses through Five Stages. PROTOCOL – During this stage, both parties meeting in the Negotiation setting. If two teams of negotiating, members of each team are introduced. INQUIRING – At this stage, both parties exchange information and discuss concerns. The objective here for both the teams is to Identify strengths and weaknesses. BARGAINING– At…
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Time-based Management
Time-based Management is an aspect of Lean Production. It is a general approach that recognises the importance of time and seeks to reduce the level of unproductive time in an organisation. Benefits include: Quicker response times (reduced lead times) to meet changing market and customer needs Faster new product development Reduction in waste, therefore greater…
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Emotional Intelligence and the Importance of Self– Management
Although traditionally emotions were considered to be disruptive to organizations, they are now being increasingly recognized as providing valuable insight into the behaviour and performance of an individual. Whether we choose to concur with the former or the latter, we cannot ignore the fact that emotions need to be managed. With issues like stress, work-life…