After reading this article you will learn about the difference and relationship between authority and responsibility. Difference between Authority and Responsibility: Authority: 1. It is the legal right of a superior to command his subordinates. 2. Authority normally arises because of position of the boss in the organisation. 3. Authority can be delegated by a senior to his subordinate. 4. [...]
This article will help you to learn about the difference between marketing and selling. Difference between Marketing and Selling Marketing 1. Focus: On the needs of the buyer. 2. Existence of Demand: Demand for goods and services is to be created. 3. Aims: At the goal achievement through customers satisfaction. 4. Needs: Lays more emphasis on the needs of the [...]
This article throws light upon the nine main factors that determine the success of a manager. The factors are: 1. Ability to Think 2. Technical Ability 3. Clear Expression 4. Knowledge of Human Relations and Behaviour 5. Broad View 6. Organisational Ability 7. Moral Integrity 8. Good Salesmanship 9. Dynamic Personality. Factor # 1. Ability to Think: It is easy [...]