Curious Observation – First Step in Decision Making Process
February 12, 2025
Regression scoring is one of the difficult but more precise and faithful marketing technique as compared to profiling and modeling. For targeting new and esteemed customers all the organization substantially pursue regression scoring techniques. Following is the process involved in regression scoring: Identify the prospect or probable customers from the population of all customers and […]
A manager alone cannot perform all the tasks assigned to him. In order to meet the targets, the manager should delegate authority. Delegation of Authority means division of authority and powers downwards to the subordinate. Delegation is about entrusting someone else to do parts of your job. Delegation of authority can be defined as subdivision […]
There is much more to the international financial system than what meets the eye. For instance, if you were to ask an average person about the parties involved in making a payment, very few will come up with the term clearinghouse. This is because they think about payers, payees, and even intermediaries. However, the concept […]
Bonuses and their Evolution over Time In the initial decades of the 20th century when the modern corporation began to take shape, employees were paid the salaries in the form of wages, overtime, and festival bonuses. The pioneering companies such as General Motors under its iconic leader, Henry Ford, were of the view that employees […]
The process of Transition Management involves the implementation of change through systematic planning, organizing and implementation of change to reach the desirable future state without affecting the continuity of business during the process of change. The process of transition management begins much before the actual change occurs and the members of the senior management play […]
There are 7 C’s of effective communication which are applicable to both written as well as oral communication. These are as follows:
Awareness of these 7 C’s of communication makes you an effective communicator.
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