What is Attrition Rate? Meaning, Types & Calculation
The attrition rate is an important metric that helps an organisation gain insight into the workforce’s stability and satisfaction. It...
What is No Objection Certificate (NOC)? Full Form & Meaning
A No Objection Certificate (NOC) is a legal document issued by either an organisation, institute or an individual, indicating their consent...
What is National Apprenticeship Training Scheme (NATS)?
The Indian government aims to significantly expand its apprenticeship program over the coming years, with a target of increasing the number...
What is Limited Liability Partnership (LLP)? Meaning and Features
A Limited Liability Partnership (LLP) is a form of partnership where each partner enjoys limited personal liability for the...
What is Grievance? – Meaning & Definition
Every workplace has its own set of rules and expectations that employees are expected to follow. However, when these rules are violated or...
Knowledge Management – Guide, Types, Use Cases & More
In any organisation, the lack of easily accessible knowledge can prove costly, consuming valuable time that could otherwise be dedicated to...
Change Management – Definition, Types and Benefits
Changes are important for a business to succeed. As a company grows, changes will occur, such as new products, mergers, work processes, and...
Business Account – Types, Benefits and How to Open One
A business account is a bank account designed explicitly for business owners to handle their cash flow. Business owners must comprehend the...
Non-Disclosure Agreement (NDA) – Types & Example
A non-disclosure agreement (NDA) is a legally binding contract that facilitates a confidential relationship between two parties. One party...
What Is a Startup? It’s Types And Advantages
A startup is typically a newly established company in the beginning operational phases. Founded by one or more entrepreneurs, startups aim...
