In their article published in the Journal of Leadership & Organizational Studies, researchers Jessie Lee, Gang Wang, and Ronald F. […]
Management
Management vs. Leadership: The Difference
The words “management” and “leadership” are often used interchangeably in casual conversations. However, several scholars in the fields of business […]
Distributive Bargaining vs. Integrative Negotiation
Distributive bargaining and integrative bargaining are two primary types of strategy used in negotiation or conflict resolution. Take note that […]
What is the Purpose of After-Sales Service?
After-Sales service is an example of a sales promotion activity. By definition, it includes all business activities geared toward customer […]
Drawbacks and Risks of Crowdfunding
Crowdfunding has several benefits that correspond to numerous applications. However, this alternative type of funding has disadvantages or more specifically, […]
Crowdfunding: Applications and Benefits
Despite criticisms and risks, the advantages or benefits of crowdfunding has brought forth numerous applications and corresponding gains to both […]
Porter’s Five Forces Model: Benefits and Applications
Although it has some drawbacks and limitations, it is still impossible to discredit the benefits and practical applications of the […]
Porter’s Five Forces Analysis: Drawbacks and Limitations
The Five Forces Model is an analytical framework first introduced by Harvard business professor and management consultant Michael E. Porter. […]
SWOT Analysis: Benefits and Applications
The applications of the SWOT analytical framework or SWOT aablysis have been expansive because of its numerous benefits or advantages. […]
SWOT Analysis: Limitations and Drawbacks
SWOT analysis is an analytical framework that has become a popular tool for analyzing the internal and external situation of […]