Marketing Mix Analysis
View AllPricing Strategies of Mercedes-Benz
Mercedes Benz, the German automobile manufacturer, is one of the largest automakers by sales and has a wide range of cars, sports cars, SUVs, buses, and trucks. The three-pointed star logo is one of the famous logos globally, and their motto is “Best or Nothing,” which they achieved successfully. In automobile markets, the prices of Mercedes Benz products range from …
SWOT Analysis
View AllSWOT Analysis of Nissan Motors
Autos, trucks, and buses are just some of the products produced by Nissan Motors, a Japanese-based international automaker. Like any other business, Nissan must contend with a wide range of internal and external elements that affect its operations and ultimate success. A SWOT analysis analyzes a business’s benefits, drawbacks, prospects, and dangers. In this case, Nissan’s strengths may include its …
PESTLE Analysis
View AllHow to Write a PESTLE Analysis?
PESTLE is a widely used analysis that focuses on the essential external elements that have a strong influence over an organization. Political, Economic, Sociological, Technological, Legal and Environmental, the first letter of these six words makes the acronym PATLE. These factors can be implemented in different scenes which further help the managers to make effective decisions. What is PESTLE Analysis? …
Latest Posts on Leadership
View All5 Reasons Why Good Leadership Increases Employee Retention
One of the many reasons why good employees leave companies is bad managers. As per Udemy, about 50% of employees have said to call it quits with a job because of a bad manager. No matter how much an employee loves their job or how much they are getting paid, if an incompetent manager is leading them, they would likely …
Top 10 Characteristics of Successful Business Persons
Did you know while investing in a business people mainly lock their eyes on the entrepreneur? Yes, this is because the leaders or the businessmen are the ones who determine the success of a business. So it is crucial to know what qualities make someone perfect for business. This article examines the main characteristics of successful businesspersons of the world. …
Do Your Employees See You As a Good Leader? Here’s How You Can Find Out
Right after the pandemic, many people across the US began quitting their jobs. Several reasons for this ‘big quit’ have been put forward. But a lack of leadership in the workplace is one of the more prominent ones, as pointed out on Business Management Daily. Without able leadership, businesses fail, and people end up quitting rather than working for a …
Definition of Coercive Leadership Style with Key Concepts and Pros Cons
Leadership style refers to the way the leaders represent their ways of running an organization. This style is applicable for the leaders in different sectors such as political, business, or even in religious sectors. Following the right leadership styles helps to maintain an organized and disciplinary way of leading an organization to be successful. What is Coercive Leadership Style? It …
How Does the Art of Motivation Help You to become a Good Leader?
In today’s era of competition, an organization’s growth needs to have leaders who motivate the employees to work towards achieving the goal collectively. A business can prosper only when the goals of an organization are in line with those of the employees. For this, an organization needs leaders who can understand the needs of employees and make them work accordingly. …
8 Types of Leadership Styles Explained with Examples
Leading any organization is similar to leading an orchestra. As the orchestra consists of a string, brass, woodwind, etc., directed by the leader, any organization or business is also guided by the leader. If using any approaches makes music better and can accomplish a successful song, then using different organizational styles will help it reach its ultimate goal. In this …
Laissez-Faire Leadership – Definition and Principles with Examples
It is a type of leadership in which the leaders allow the group members to make the decisions. It is the opposite of Autocratic Leadership, in which the creativity of each of the employee is assessed. The employees are allowed to apply their own ideas and skills as long as it does not affect the organization in a negative way. …
Transactional Leadership – Definition and Principles with Examples
Transactional leadership is a type of leadership in which the leaders awards the employees who perform their tasks required and punishes those employees who are unable to perform effectively. This leadership style is based on transaction or exchange in between the leaders and the employees. What is Transactional Leadership? It is a type of leadership style in which the employees …
Collaborative Leadership – Definition and Principles with Examples
Collaborative leadership is a type of leadership that consists of a co- operation in between the leaders and the employees. Co-operation is necessary to establish the common goals that are shared among the leaders and the employees. The leaders should be able to work with people from other teams, branches in order to ensure that the workflows and the ideas …
Bureaucratic Leadership – Definition and Principles with Examples
Bureaucratic leadership is a type of leadership that consists of a rank of fixed duties and new rules for managing and decision-making. In other words, the leaders of this leadership style work according to the rooted rules and regulations by the higher authorities. This leadership style also focuses on the administrative needs of the organization. What is Bureaucratic Leadership? It …