Business Tips

You’re Awesome! Firms Scrap Negative Feedback

Providing employees with positive performance appraisals and feedback significantly boosts their confidence. Such reviews create a “good feeling” attitude among employees and consequently boosts their productivity. Positive reviews also enhance friendly competition among employees with minimal chances of workplace rivalry. Workers are motivated to perform better with a view of enhancing previous reviews as opposed […]

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Business Tips

Concept of Entrepreneur

Concept of Entrepreneur People will agree that an entrepreneur is someone who comes up with all the factors of productions to start a business. However, that thought is limited since an entrepreneur must possess some interpersonal qualities and skills. They include: Creativity, ambition, Tenacity, and risk tolerance. I concur that one must have the high level of […]

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Costs of Quality

The cost of quality is referred to as the total costs an organization incurs in an objective to prevent, remove and detect poor quality or defects from products. It can also be defined as costs incurred to evaluate and ensure quality objectives are met, and all other costs suffered as a result of producing poor […]

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