Feedough Community Latest Questions

Aakash

  1. If you are well aware of what in general bullying is then its not that different. Its a kind of mistreatment done to you at your workspace it can be in the emotional or physical form. It can include such tactics as verbal, nonverbal, psychological, physical abuse and humiliation. In the majority ofRead more

    If you are well aware of what in general bullying is then its not that different. Its a kind of mistreatment done to you at your workspace it can be in the emotional or physical form. It can include such tactics as verbal, nonverbal, psychological, physical abuse and humiliation.
    In the majority of cases, bullying in the workplace is reported as having been done by someone who has authority over the victim. However, bullies can also be peers, and occasionally subordinates.

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Prachi

Explain the characteristics of services.

  1. A service is any act performed by one party for another party which is intangible in nature and does not result in the ownership of anything. Example of service could be providing computer education or preparing income statement of a firm. A service is characterized by intangibility, inseparability,Read more

    A service is any act performed by one party for another party which is intangible in nature and does not result in the ownership of anything.
    Example of service could be providing computer education or preparing income statement of a firm.
    A service is characterized by intangibility, inseparability, variability and perishability.
    1. Intangibility: Services cannot be seen or felt.
    2. Inseparability: Services are produced and consumed simultaneously. To avail a service there is one point of purchase and consumption. Though now some services like education have multiple channels.
    3. Variability: Services are variable in nature. Salon A providing hair spa would be different than Salon B (franchise of Salon A) providing hair spa.
    4. Perishability: Services cannot be stored like products.

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Aakash

  1. According to the progress principle, a new theory of work motivation, people are happier at work when they feel they are making consistent progress toward meaningful goals.The key essential elements for empowering others are: Clarity: Firstly one needs to clarify goals and expectations. Employees caRead more

    According to the progress principle, a new theory of work motivation, people are happier at work when they feel they are making consistent progress toward meaningful goals.The key essential elements for empowering others are:
    Clarity: Firstly one needs to clarify goals and expectations. Employees can only progress at work if they have a clear idea of what results they are expected to deliver. Managers need to clearly define expected outcomes and communicate them frequently so that everyone understands their responsibilities.
    Support: Secondly support plays a key role in empowerment. Support them by providing the resources they need to succeed and removing any obstacles that may hurdle their progress. This requires not only providing the time, resources, and encouragement necessary for accomplishing goals, but also actively working to eliminate barriers to success.
    Autonomy.: Finally, empowering people means giving them the autonomy they need to do their work. Trusting employees to get their work done however they choose is fundamental for creating positive work environments.

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Amruta

  1. Somebody who is specialized in providing personal assistance by performing household management or lifestyle management tasks is known as a concierge. In context of a hotel a concierge books your cabs, arranges for various activities that you want to perform. Availing concierge services helps you saRead more

    Somebody who is specialized in providing personal assistance by performing household management or lifestyle management tasks is known as a concierge.
    In context of a hotel a concierge books your cabs, arranges for various activities that you want to perform.
    Availing concierge services helps you save time by not having to do routine tasks.
    You can avail these services are variable prices.
    In hotels, you are not expected to pay for this service, but it is always appreciated that you tip your concierge.
    Here is an article which talks about the concierge business model: https://www.feedough.com/what-is-concierge-service-concierge-services-business-models/

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Pallavi Kamat

  1. A mission statement describes the general purpose of the company. It is the mission statement that tells employees of a company what are the company's values, business goals and philosophy. Let's take Nike's mission statement as an example. Nike's mission statement is- 'Bring inspiration and innovatRead more

    A mission statement describes the general purpose of the company. It is the mission statement that tells employees of a company what are the company’s values, business goals and philosophy.
    Let’s take Nike’s mission statement as an example. Nike’s mission statement is- ‘Bring inspiration and innovation to every athlete in the world.
    Nike is working towards this mission statement with the kind of products it is offering.
    We can also look at Google’s mission statement which says “To organize the world’s information and make it universally accessible and useful.” And this is what Google literally does for its users.

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Maitya

  1. According to a definition on Wikipedia, "A reverse takeover or reverse merger takeover is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. The transaction typically requires reorganization of capitalizatiRead more

    According to a definition on Wikipedia, “A reverse takeover or reverse merger takeover is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. The transaction typically requires reorganization of capitalization of the acquiring company.” Broadly speaking, it is a type of merger that private companies involve in so as to become publicly traded without going for an initial public offering . Firstly, the private company buys enough shares to control a publicly traded company. The private company’s shareholder then exchanges its shares in the private company for shares in the public company.

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