Saturday, February 29, 2020
Comparison between APA and MLA writing style
Comparison between APA and MLA writing style
APA is used in social sciences, such as: psychology, sociology, nursing, criminology, social work, business, education. The MLA format is used in the humanities, such as: history, literature, language, philosophy, art, theater, religion, anthropology, law, and politics.
Thursday, February 27, 2020
What is Marketing
What
is Marketing
Marketing is a action or business of promoting and
selling product or services including market research and advertising.
Definition
2.
Marketing is the activity set of institutions and
processes that create communicate .deliver and exchange products that are valuable
to customers
Why
study Marketing
There are many Reasons why we might want to study
marketing
1. Market Delivers Value
Not only does marketing brings
value to customers.it also translated into company value as the company builds
a reliable customer base and increase its sales and probability. So when we say
that marketing brings value then marketing increase value of customer and
company.
2. Marketing Benefits Society
Marketing benefits people as a
whole by improving people’s lives in two ways. as we mentioned it promote trade.
3. Marketing costs money,
Marketing can sometimes be the biggest
expense associated with productivity a product. The costs involved in selling
beverage as to customer
4. Marketing offers peoples career opportunities.
Marketing is the interface between
produces and customers. This is a function in an organization where the entire
enterprise is integrated making money for the company and bring customers satisfaction
will make marketing a great career. The marketing profession offers a variety
of jobs. Such as sales. merchandising advertising product development.
The
Marketing concept
Definition
Market is a act of selling
something to someone
· Production
· Product
· Selling
· Marketing
· Social
marketing
Production
Every marketing started with
production because the company knows that customers favor good quality product.
This means that production should be optimized accordingly it should be
optimize the need of the customers.
Product
The product concept is not so much
about the production and business output. The main focus is customer need and satisfaction
because customer want that type of product that offer quality performance and
innovative features.
Selling
Production and product concept are
focus on production but selling concept focus on making an actual sale of the product.
This concept is focus on making every possible sale of the product.
Marketing
A marketing concept is strategy
that companies and marketing agencies that work for companies design and
implement in order to satisfy customer’s needs, wants.demand and maximize
profit.
Social
Marketing
The social marketing concept is the
most progressive and modern day applicable marketing. Mindset to have it is a
marketing concept that believes in giving back to society by producing better
product .that help the world be a better place.
Wednesday, February 26, 2020
Monday, February 24, 2020
Henri fayol's 14 Principles of Management
Henri fayol's 14 Principles of Management
1. Division of work
Work should be divided into individuals or groups to ensure that energy and attention is focused on specific part of the task.
Fayol represent the specialization in the least way to utilize organizational human resource.
2. Authority
The concept of power and Responsibility are closely related .the right to make orders and obey fully.
Responsibility involve being accountable and is therefore naturally associated with authority .whoever assume as authority also assume responsibility.
3. Discipline
A successful organizational requires the common effort of workers. Penalties should be applied judiciously to encourage this common effort
4. Unity of command
Workers should receive orders from only one manager
5. Unity of Direction
The entire organization should be moving towards a common objective in a common direction
6. Sub ordinates of individual interests to the general interests
The interests of one person should not take priority over the interests of the organization as a whole
7. Remuneration (Rewards and benefits)
Many variables such as cost of living, supply of qualified personnel. General business condition and success of the business should be considered in determining a worker’s rate of pay.
8. Centralization
Centralization as lowering the importance of the subordinate’s role.
Decentralization is increasing the importance. The degree to which centralization or decentralization should be adopted depend on the specific organization in which the manager is working
9. Scalar chain
Manager in hierarchies are the part of chain like authority scale each manager from the first line supervisor to president possess certain amount of authority. The president possesses the most authority the first line supervisor the least.
Lower level manager should always keep upper level manager informed to their work .activities the existence of the scalar chain and adherence to it are necessary if the organization is to be successful
10. Order
For the sake of efficiency and coordination .all material and peoples related to a specific kind of work should be treated as equally as possible
11. Equity
All employs should be treated as equal as possible
12. Stability of tenure of personnel
Retaining productive employees should always be a high priority of management, recruitment and selection. Cost as well as increased product-reject rate is usually hiring new workers
13. Initiative
Management should take steps to encourage worked initiative ,which is defined as a new or additional work activity, undertaken through self-direction
14. Spirits d corps
Management should encourage harmony and general good feelings among employees
Work should be divided into individuals or groups to ensure that energy and attention is focused on specific part of the task.
Fayol represent the specialization in the least way to utilize organizational human resource.
2. Authority
The concept of power and Responsibility are closely related .the right to make orders and obey fully.
Responsibility involve being accountable and is therefore naturally associated with authority .whoever assume as authority also assume responsibility.
3. Discipline
A successful organizational requires the common effort of workers. Penalties should be applied judiciously to encourage this common effort
4. Unity of command
Workers should receive orders from only one manager
5. Unity of Direction
The entire organization should be moving towards a common objective in a common direction
6. Sub ordinates of individual interests to the general interests
The interests of one person should not take priority over the interests of the organization as a whole
7. Remuneration (Rewards and benefits)
Many variables such as cost of living, supply of qualified personnel. General business condition and success of the business should be considered in determining a worker’s rate of pay.
8. Centralization
Centralization as lowering the importance of the subordinate’s role.
Decentralization is increasing the importance. The degree to which centralization or decentralization should be adopted depend on the specific organization in which the manager is working
9. Scalar chain
Manager in hierarchies are the part of chain like authority scale each manager from the first line supervisor to president possess certain amount of authority. The president possesses the most authority the first line supervisor the least.
Lower level manager should always keep upper level manager informed to their work .activities the existence of the scalar chain and adherence to it are necessary if the organization is to be successful
10. Order
For the sake of efficiency and coordination .all material and peoples related to a specific kind of work should be treated as equally as possible
11. Equity
All employs should be treated as equal as possible
12. Stability of tenure of personnel
Retaining productive employees should always be a high priority of management, recruitment and selection. Cost as well as increased product-reject rate is usually hiring new workers
13. Initiative
Management should take steps to encourage worked initiative ,which is defined as a new or additional work activity, undertaken through self-direction
14. Spirits d corps
Management should encourage harmony and general good feelings among employees
Saturday, February 22, 2020
How to Write Research Methodology
What is Research Methodology
Methodology is the systematic,theoretical analysis of the methods applied to field of study
Steps of Research Methodology
1, Explain your Methodological approach
2, Describe your method of Data Collection
3, Describe your Method of Data analysis
4, Evaluate and justify methodological choices
( Expatiation in video)
Tips for Writing a strong Methodology
Remember that your aim is not just to describe your method but to show how and why you applied
in methodology section should clearly show why your methods suit your objective
how you convince your reader
How you choose the best possible approach to answer your problems
Your methodology can be strength by reference.
Write for your audience
consider how much information you need
Don't go unnecessary detail
What is management
What
is management?
Management: Management is the process of dealing
with or controlling things and peoples.
Management: Management is the process of
administrating and controlling affairs of the organization.
Management: working with human financial and physical
resource to achieve organizational objective by performance.
Management: management is act of what to do. when to
do. Where to do and see that it is done in the best and cheapest way
Function
of Management .
Planning
(
Developed plan)
Planning means deciding in advance.
What to do. when to do .where to do. To achieve
organizational goals.
Plan is future course of action to achieve desire
goals
Planning is determination of course of action to
achieve desire goals.
Organizing
( Making structure )
According to henry Fayol. To organize a business is to provide it with everything
useful or its functioning. Raw material tools. Capital and personal.
It is the process of bargaining together. Physical.
Financial and human resource and developing productive relationship amongst
them for achievement of organizational goals.
· Identification
of activities
· Classification
of grouping of activities
· Assignment
of duties
· Delegation
of authority
· Creation
of responsibility
· Coordinating
authority and responsibility relationship
Staffing ( Hire Qualified and Experiences employees)
Staffing is put right man on right job
According to Kootz & O’Donnell
Staffing involved managing the organization
structure through proper and effective selection. Training appraisal and development
of personnel to fill the rules designed to structure.
Staffing involve.
· Right
man on right job
· Recruitment
.selection and placement
· Training
and development
· Remuneration
( Rewards. Salary .incentive)
· Performance
Appraisal.( to check performance of employees
· Promotion
and transfer
Directing
Direction is the inter-personnel aspect of
management. Which deal with directly with influencing .guiding. Supervising
.motivating .sub coordinating for achievement of organizational goals.
Directing has following elements.
· Supervision
· Motivation
· Leadership
· Communication
Supervision
It is act of watching and directing work and workers
Motivation
Inspiration. stimulating or encouraging the sub
ordinates with zeal( extreme level) to work positive .negative .monetary.non
monetary incentive may use be use for this purpose
Leadership
May be define as a process by which manager guide
and influence the work of subordinates in desire direction
Communications
Is the process of passing information .experiance
.opinio etc one person to another
Controlling
Controlling is the measurement and correction of
performance .activities of subordinates
According ton Theo Heiman.
Controlling is the process of checking whether or
not proper progress is being made toward the objective and goals and acting if
necessary to correct any deviation
Controlling has following aspect
· Established
standard performance
· Measurement
of actual performance
· Corrective
action
Wednesday, February 19, 2020
Difference between Recruitment and Selection.
Difference
between Recruitment and Selection.
Recruitment
·
Means Searching for prospective
candidate and inspiring them to applying for the post
Recruitment ends on the
last day of receiving applications
Selection
·
Selection is the selecting the fixed number
of suitable candidate from those who applied for the posts
·
Selection process starts as soon as
recruitment ends
·
As per the need of the job
·
Recruitment considered applications
received in due data. While selection considered no of most suitable candidates
Accounting Heads
Accounting Heads
What
is Assets?
Assets are the
resources owned and controlled by the business and company which provide
expected future economic benefits.
·
Cash Resources
·
Building
·
Heavy machinery
·
Cash
·
Furniture
·
Merchandise inventory( stock)(Goods)(Trade
Goods)
What
is Expenditure?
Expenditure is the
reduction in the value of an Assets as it is used to generate revenue.
e.g Building/ Repair
something/Electronic bills.
·
Salaries/commission
·
Electronic Bill
·
Telephone Bill
·
Rent
·
Transport paid
·
Supplies/Stationary/pen/pages consumed
·
Advertising expense
What
is Revenue?
Revenues are the amount
that business earned from selling Goods and provided to services to customer.
·
Sales
·
Fee income
·
Commission Income
·
Consultancy/Service income
What
is Liabilities?
Obligations (Liable to
Pay)
Liabilities are the
obligations of the company or amount pay to creditor
·
Account payable(Oral agreement)
·
Notes payable(Promissory note)(Written
paper)
·
Loans/Bank Loan
·
Bank over draft
·
Accrued expense/takes service/payment
outstanding expense
·
Unearned income/Before provide services
What
is Owner’s equity?
Assets=Liababities+Ownwr”s
equty
Tuesday, February 18, 2020
What is Accounting
What
is accounting?
Accounting is act of
Recording, Classifying, Summarizing and Reporting Financial information of
organization,
An Analysis
An Analysis
Analysis,
interpretation of financial statements
Purpose
·
To produce financial information
·
To Develop Accounting information
·
To use these information for Decision
Making
Classification
Recording
·
Business Transaction tool
·
General journal
Classifying
·
Business Transaction Tool
·
Ledger
·
Collection of Accounting
Summerizing
·
Business Transaction
·
Financial statement
·
Financial Report
Monday, February 17, 2020
What is E-Commerce?
What
is E-Commerce?
E-Commerce
(Electronic
Commerce)
E-Commerce ( Any service we take and give
e.g. Trading and process of buying and sell Goods and service
E-Commerce
.Buying and Selling of Goods and
Services over the Electronic
network.
Such as internet
E-Commerce.
Is medium of trading for Goods and Services between Buyer and Seller through an
electronic way.
E-Commerce.
Is a paperless exchange of business information using electronic funds
transfer. Email.
E-Payment-payment
system are widely used in E-Commerce.
Consumer can find what
they want to buy and purchase it easily
Thursday, February 13, 2020
How to design a conceptual framework in research
Designing Conceptual framework
A conceptual framework is used to illustrate what you expect to find through your Research..

Testing Research,
whether constructing a conceptual framework will be a helpful exercise depend on the type of Research you are doing,
Cause-effect Relationship
On the basis of Testing when start of construction a conceptual framework.
( example in video )
Variables,
Before designing conceptual framework.important to identify the relevant variables.
Independent and Dependent variables
Cause-effect Relationship involve two types.independent and dependent variable ,
Designing a Conceptual Framework
we have identify independent and dependent variables,
the basic components are
Boxes (Variables)
Arrows (Cause-effect)
Line (Connection correlation)
(Example are in the video)
Expanding the conceptual framework
Conceptual framework does not have to be limited on independent and dependent variables can be incorporated depending on your Research
Moderator Variable in Research
A moderator variable alter effects that dependent variables on the basis of the moderation value,
The moderator is also referred to as the interaction effect
(Example are in the video)
Mediator variable
A mediator variable comes between an independent variables and dependent variables in cause-effect relationship
(Example in video)
Control Variable
A control variable could be Health .(Health will influence the the dependent variable)
A conceptual framework is used to illustrate what you expect to find through your Research..

Testing Research,
whether constructing a conceptual framework will be a helpful exercise depend on the type of Research you are doing,
Cause-effect Relationship
On the basis of Testing when start of construction a conceptual framework.
( example in video )
Variables,
Before designing conceptual framework.important to identify the relevant variables.
Independent and Dependent variables
Cause-effect Relationship involve two types.independent and dependent variable ,
Designing a Conceptual Framework
we have identify independent and dependent variables,
the basic components are
Boxes (Variables)
Arrows (Cause-effect)
Line (Connection correlation)
(Example are in the video)
Expanding the conceptual framework
Conceptual framework does not have to be limited on independent and dependent variables can be incorporated depending on your Research
Moderator Variable in Research
A moderator variable alter effects that dependent variables on the basis of the moderation value,
The moderator is also referred to as the interaction effect
(Example are in the video)
Mediator variable
A mediator variable comes between an independent variables and dependent variables in cause-effect relationship
(Example in video)
Control Variable
A control variable could be Health .(Health will influence the the dependent variable)
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