Services typically have several distinctive characteristics or features from goods retailing. These are intangibility, perishability, inconsistency, fluctuation and consumer dependent. A service is anything which can be offered to the customers in order to satisfy their need, wants and desire and intangible, inseparable, variable and perishable in nature. In India, service jobs now account for 70 per cent of all [...]
Entrepreneurship implies a set of values, norms and traits that are conducive to the growth of a business enterprise. It is the organisational culture that focuses on new opportunities and creation of an organisation where these opportunities can be perused earnestly. An entrepreneur seeks the opportunities, looks for ways and means to capitalise on the newer opportunities by organising the [...]
Everything you need to know about the characteristics of management. An efficient management can make the employees to work efficiently and an inefficient management can break the employees and can bring industrial unrest in the business organization. This management has got immense importance now-a-days because of increased trend towards standardization, automation, specialization and computerization of the activities. The important characteristics [...]