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Showing posts from January, 2025

Social Commerce

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                                                                              Social Commerce   Social Commerce is a subtype of  e-commerce . The word ‘social commerce’ is a combination of two words, i.e. social media and e-commerce. It is the buying and selling of items by the shoppers directly while using their social media platforms.   In social commerce, users can complete the whole buying process without leaving the social media platform where they found the product. These social media platforms include Facebook, Instagram, Snapchat, TikTok, Pinterest, etc. That means from product discovery to checkout and billing occurs within social media platforms.       The essence behind social commerce is using social networking websites to promote and sell products and s...

Principles of Management

                                                              Principles of Management Principle No.:1 - Functions of Management Management is a discipline that consists of a set of five general functions: planning, organizing, staffing, leading and controlling. These five functions are part of a body of practices and theories on how to be a successful manager. Understanding the functions will help managers focus efforts on activities that gain results. Summarizing the five functions of great management (ICPM Management Content): 1.       Planning : When you think of planning in a management role, think about it as the process of choosing appropriate goals and actions to pursue and then determining what strategies to use, what actions to take, and deciding what resources are needed to achieve the ...