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   Collective Bargaining

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In this article we will discuss about Concept of Collective Bargaining: Meaning, Features, Process or Phases. Collective Bargaining Collective bargaining is something which is joint in nature.It is Bipartite which means two parties involved. It is a method where the problems of an employees solved collectively. Collective bargaining is a combination of two words, “Collective” […]

Entrepreneurship

Group incentives: Meaning, Advantages and Disadvantages.

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In this article we will discuss about  Group incentives: Meaning, Advantages and Disadvantages. Incentives Anything that can attract an employees attention and motivate them to work can be called as incentives. Its aim to motivate employees and increase overall performance of an organization. Incentives can be classified as direct and indirect compensation.They can be prepared […]

Entrepreneurship

Incentives: Meaning, Features and Types.

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In this article we will discuss about Concept of Incentives, Features and Types. INTRODUCTION : Anything which motivates human that is known as incentives that may be in monetary or non-monetary form. Monetary incentive includes pay and allowance, bonus pay, profit sharing, stock option, retirement incentives, etc and Non-monetary incentives include Intrinsic and Extrinsic. Intrinsic are […]

Entrepreneurship

Difference between Traditional Pay structure and Broad banding.

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  In this article we will discuss about Difference between Traditional pay structure and Broad banding. Broad banding is a process of combination of number of related job into single pay band. Earlier there was a traditional pay structure which contained number of salary structure and was difficult to maintain for organizations. But now,broad banding […]

Entrepreneurship

Process of Broad Banding

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Broad Banding Broad banding is a process of combination of number of related jobs into single pay band. Earlier there was a traditional pay structure which contains number of salary structure and difficult to maintain for organizations. But now,broad banding  consolidate number of salary grades into fewer bands. This structure divide number of pay band […]

Marketing

Five Level of Product with example by Philip Kotler

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Product In different market offerings, Product is a key element. To achieve the market leadership, firm should offer superior quality product and services which satisfy customer needs and wants and provide value to them. Many people think that product is a tangible thing but product is anything offered by marketer to satisfy the needs and […]

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Concept of MARKET : Meaning, Definitions, Classification or Types ofMarket and Importance of Market

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In this article we will discuss about market, its types or its classification. We will also study Concept of MARKET : Meaning, Definitions, Classification or Types of Market and Importance of Market with advantages and disadvantages. Concept of MARKET : Meaning, Definitions, Classification or Types of Market and Importance of Market MARKET Market is a […]