Category Business

All About Strategic Human Resource Management

Introduction Before undertaking any new initiative by a business firm, it is essential to properly manage the human resources. There is a common misconception that after the initial recruitment of employees, the role of HR is complete. Hiring the right…

Scalar Chain

Scalar Chain: Meaning, Importance and Limitation

Introduction We will be taking a close look at the scalar chain along with its benefits and limitations. There used to be no established line of communication for the members of an organisation at different levels. This led to many…

Stagflation

Stagflation: Meaning and Effects on the Market

Introduction Today, we will be taking a look at an economic condition which is relatively unknown for the general populace. It is the lesser known cousin of inflation and recession and can cause major issues if it is not controlled…