Decision making is the ability to analyze the available options and select the best action plan to complete the given task. It is an integral…
Business Continuity Planning: Steps, Benefits, Examples, and Importance
Do you know how businesses continue working despite facing any crisis, emergency or disaster? Business Continuity Planning enables them to do so efficiently. When it…
Fourier Analysis: Definition, Importance, Applications, and Key Properties
Are you familiar with the term Fourier Analysis and its applications? If not, then this is the perfect place, to begin with, it. Reputed mathematician…
M Commerce: Meaning, Applications, Tips, Types and Tools
M-Commerce or Mobile Commerce is one of the most integral parts of commercial sectors nowadays. If stats are there to believe, then more than 30%…
The Importance of Culture Listed
Culture refers to the intangible aspects of the social life that consists of practices, communication, language, belief, and values that is a common factor between…
The 4 C’s of Credit in Business – Meaning and Importance
The 4 C’s of credit are those critical parameters that help the financial and lending institutions determine the creditworthiness of the borrower and decide how…
What is Micropayment? Meaning and Importance
Have you ever had to make a payment for downloading an application or an e-book? Do you know what that payment is known as? Well,…
What is Growth Strategy in Business? Types and Steps
Growth strategy is a strategy to win increasing market shares so that the business is always on a growing trajectory. There are 4 main growth…
What is the Importance of Critical Thinking?
Critical thinking is the ability to reason, understand the logical connection between ideas and focus on important issues to avoid any problems in the future…
Going Concern: Meaning, Concepts, and Conditions
When you have been in the accounting industry for a very long time, then there is one term that you might have heard for sure….
Cost Management: Important Components, Techniques, and the Steps
Do you know how you can plan and control the budget of your business? And the answer is through Cost Management. The process of cost…
Customer Persona – Meaning & Best Tips Develop a Customer Persona
Running a personalized campaign as per the inclinations of a specific audience group is the key to generating leads and boosting sales. But how can…
Action Plan: Meaning, Benefits, Templates, Significance, & How to create it
Having a business goal and looking for the right steps to accomplish that? A SMART action plan that lists down all the quatified targets in…
The Importance of Language Explained in Detail
A language matters a great deal as this is what helps to distinguish the sayings of one individual from the other. If used efficiently it…
Character Traits – List and Examples
Character traits are the qualities and characteristics of individuals which define them and make up their behavior. Character traits are important and there can be…
Business Incubator: Definition, Types, Stages, Goals, and 7 Types
Busing Incubators are the companies that assist and empower new-age entrepreneurs and startup owners with the necessary support. From management training to office space to…
What is a Marketing Manager? A Complete Guide with Roles, Responsibilities & Job Description
A Marketing Manager is a key player in a company’s team responsible for managing, planning, and executing marketing strategies to boost the brand’s visibility, increase…
Process Improvement: Meaning, Tips, Role, Steps, and Phases
When it comes to successfully running a business, we can say that it is not r an easy process for sure. However, with the help…
Critical Success Factors – Meaning and How to find them for your Business
It is really difficult to get the actual knowledge of the business situation since there are lots of matters that are competing just to get…
Batch Production: Working, Examples & Benefits of using Batch Production
Have you heard of the term batch production? Want to know how it occurs? Then in simple terms, you can understand that Batch production is…
Brand Strategy – Steps, Components and Why it is Important for Business
What is Brand Strategy? Brand strategy is an extensive plan you create to manage and improve your brand, with the purpose of meeting certain brand…
Delphi Method: Definition, Steps, and Importance of Delphi Method
For those who want to know about the entire concept that revolves around Delphi Method which was developed and distributed along with the world by…
Demand Management – Importance, Components and Benefits
Demand Management is gauging the demand for a product or service in the future and planning the manufacturing so there wouldn’t be supply and demand…
Scenario Planning: Definition, Examples, and the Process
Want to make a strategic plan for the future of your business? Looking for a tool that can tell you about the uncertainties of the…
Discriminant Analysis: Significance, Objectives, Examples, and Types
Discriminant Analysis can be understood as a statistical method that analyses if the classification of data is adequate with respect to the research data. It…
21 Characteristics of Critical Thinking
Critical thinking is a term we generally come across. If we don’t, then we are not in the company of smart people. Often you’ll have…
The Business Model of Apple – How Apple Inc. Makes Money!
Established in April 1976, Apple is one of the top-rated Multinational Technology Company popular as one of the top four big companies around the world….
Business Model Of Facebook – How Facebook Makes Money
The Facebook business model is an attention-based multisided model which is an American online social media and social networking service. Considered amongst the top four…
Social Advertising – Definition, Examples, Benefits and Platforms
Social advertising is a type of advertising that promotes brands by serving social interest causes by using relevant mediums. Nowadays, social advertising preferably uses social…
Business Model of a Company- How Companies Make Money!
Company is understood as a legal entity that shapes up through the association of people via natural or/and legal means for channelizing any industrial or…
Business Model of Airbnb – How does Airbnb Make Money?
Airbnb is a two-sided online marketplace for hospitality services and we analyze the Business model of Airbnb in depth in this article. It is one…
Abuse of Power at Workplace – Meaning, Examples and Impacts
What is Power at Workplace and Abuse of Power? The misuse of the authority vested in a person or an official for personal advantage or…
Features of Business Environment – Meaning and 10 Important Features
Meaning of Business Environment Business environment consists of all the factors such as consumers, investors, suppliers, employees, management, government, technology, market trends, social trends, expectations,…
The 3 Important Levels of Management in an Organization
The term Management is generally construed as relating to the management of corporations. There are a big number of companies that have operations in more…
Business Model of Amway – How Amway Business makes money?
Established in the year 1959, Amway is a USA based multi-level marketing company which was founded by Jay Van Andel and Richard DeVos. The business…
Business Model of Banks – How do Banks Make Money?
When it comes to the banks, there is no doubt that they are here in order to make all the amazing financial services available to…
Business Model of Dell – How does Dell Make Money?
Founded in the year 1984, Dell is a multinational Computer Technology Company based in the USA. The business model of Dell enables the company to…
Business Model of eBay – How eBay Makes Money!
Founded in the year 1995, eBay is an e-commerce corporation which is working all around the world. The business model of eBay deals with the…
The Business Model of Ecommerce Websites
For every single online store in the market, there is a particular business model. The business model of eCommerce involves buying or selling products on…
Business Model of Flipkart – How Flipkart Makes Money!
Founded in the year 2007, Flipkart is an e-commerce giant that commands close to an impressive 40% of the market share in the Indian e-commerce…
