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Business Articles

The Business category consists of detailed articles on Business Management and is a great place to start your Business Journey.

Business Model of McDonald’s and How it Makes Money

December 21, 2024 | By Hitesh Bhasin | Filed Under: Business

Business Model of McDonald's

Being the world’s largest restaurant chain by revenues, the business model of McDonald’s works as an American fast food company channelized via an efficient franchise…

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What is Business Storytelling and Why it is Important for Business?

June 16, 2021 | By Hitesh Bhasin | Filed Under: Business

Business Storytelling

Business storytelling is storytelling with a purpose to establish a professional connection or to achieve a goal. Storytelling is an essential aspect of human life,…

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Business Model of Big Basket and How it Makes Money

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business model of big basket

Founded in the year 2011, Big Basket Business Model revolves around Online Grocery Delivery Services that deliver grocery goods found in home essentials, convenience stores,…

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Business Model Of Byju’s – How Byju’s Makes Money?

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business model of Byju

The business model of Byju’s revolves around Edtech (educational technology), distance education, and m-learning services. Rated as the most valued edtech company of the world…

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Business Model Of MakeMyTrip

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business Model of Make My Trip

Business Model of Make My Trip revolves around online travel services. Different products incorporated by MMT or Make My Trip are Booking flights, hotels, holidays,…

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Social Capital – Definition and Types

June 30, 2020 | By Hitesh Bhasin | Filed Under: Business

What is Social Capital

Social capital is defined as the goodwill or positive outcome acquired by a firm over a period of time through human interaction. It includes both…

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Succession Planning – Definition, Steps and Principles

June 30, 2020 | By Hitesh Bhasin | Filed Under: Business

succession planning

Succession planning is defined as a strategy that identifies, develops and retains future leaders in an organization. It is actually a systematic process that creates…

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Guide to Confidentiality In The Workplace

June 7, 2020 | By Hitesh Bhasin | Filed Under: Business

Confidentiality in the Workplace

Confidentiality in the workplace talks about not sharing, discussing or disclosing confidential information of your business with anyone outside of your company. Such confidential information…

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10 Ways to Increase Business efficiency 

May 30, 2020 | By Hitesh Bhasin | Filed Under: Business

business efficiency

If you want to optimize the performance and productivity of your business, you need to increase business efficiency along with the growth strategy of the…

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Outsourcing – Definition, Reasons, Tips, Pros And Cons

March 11, 2020 | By Hitesh Bhasin | Filed Under: Business

outsourcing

Businesses continuously look for ways to increase their productivity and to minimise business expenses. Out of those several ways, one of the most commonly used…

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Localization vs Internationalization – Differences Between Them

March 9, 2020 | By Hitesh Bhasin | Filed Under: Business

Localization and Internationalization – These concepts sound familiar, but they are very distinct from each other. These activities are referred to like the one in which…

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Cost Efficiency – Meaning, Components, Analysis and Steps

March 8, 2020 | By Hitesh Bhasin | Filed Under: Business

Cost Efficiency

Cost efficiency is the ration of the cost to the output. In terms of an organization, it is every business’s objective to lower their expenses….

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PDCA Cycle – Plan-Do-Check-Act Cycle Explained

July 23, 2020 | By Hitesh Bhasin | Filed Under: Business

What is the PDCA cycle

PDCA cycle stands for the Plan-Do-Check-Act cycle and is a tool commonly used for project planning and continuous improvement. Walter Shewhart first introduced the PDCA…

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Intermodal Transportation: Definition, Meaning, Types, Advantages

February 24, 2020 | By Hitesh Bhasin | Filed Under: Business

Intermodal Transportation

Definition Intermodal transportation is defined as a method or system where multiple modes of transportation are used to transport passengers as well as freight. This…

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Business Logistics – Definition and Importance

January 6, 2021 | By Hitesh Bhasin | Filed Under: Business

Business Logistics

Definition Business logistics is a group of activities that involves storage and movement of products or information from the source from where raw materials are…

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Subcontracting Definition – Why should you hire Subcontracters?

January 24, 2025 | By Hitesh Bhasin | Filed Under: Business

Meaning of subcontracting

Subcontracting is defined as a practice of outsourcing a part of a task to another party who is known as a subcontractor through a contract….

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What is Company Profile? Definition, Meaning, Importance

January 23, 2020 | By Hitesh Bhasin | Filed Under: Business

Company profile is defined as a professional introduction aimed at capturing the attention of the reader and inform him about the company succinctly. It is…

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Business Model of Quora : How Does Quora Make Money?

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business Model of Quora

A startup, which began on June 2009, and changed the way the world deals with queries they have and questions that go unanswered is Quora….

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Business Model of SpaceX – How does SpaceX make money?

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business Model of Spacex - 1

Space Exploration Technologies Corp. also is known as Space X, one of the most significant and celebrated companies of the US in the recent times…

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Business Model of Patanjali – How does Patanjali make money?

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business Model of Patanjali - 1

Founded by Baba Ramdev along with Acharya Balkrishna, Patanjali is an Indian consumer goods company. The business model of Patanjali revolves around manufacturing, distributing and…

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Business Model of Instagram – How does Instagram make money?

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business Model of Instagram - 1

Launched in October 2010, Instagram from Facebook is photo and video sharing Social Networking Service. Business Model of Instagram allows users to upload videos and…

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Business Model of Paytm – How does Paytm make money?

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business Model of Paytm - 2

Founded in 2010 by Vijay Shekhar Sharma, Paytm is India’s largest E-commerce, payments, and E-wallet platform. The business model of Paytm revolves around different services…

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Business Model of Tesla – How does Tesla earn money?

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business Model of Tesla - 1

Founded in the year 2003 by Elon Musk, Marc Tarpenning, Ian Wright, Martin Eberhard, JB Straubel- Tesla is energy, lifestyle, and automotive company. The business…

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Business Model of Uber – How does Uber make Money?

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business Model of Uber - 1

Uber’s business model is a multinational transportation network used for peer-to-peer ridesharing, ride-hailing, and bicycle-sharing. Founded by Travis Kalanick and Garrett Camp, Uber is an…

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Business Model of Xiaomi – How does Xiaomi Make Money?

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business model of Xiaomi - 1

Xiaomi Corporation is a Beijing based company founded in 2010. Xiaomi launched its first Smartphone in 2011 and grabbed the market rapidly. By 2014 it…

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Business Model of YouTube – How does YouTube Make Money?

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business Model of YouTube - 1

Created in the year 2005, YouTube is a video-sharing website. The business model of YouTube revolves around allowing users to view, upload, share, rate, add…

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Top 5 Characteristics of Demand

December 20, 2024 | By Hitesh Bhasin | Filed Under: Business

Characteristics of Demand

Supply and demand are two essential terms frequently used in the business world. Demand is one of the most important factors in deciding the success…

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Business Model of Zomato – How does Zomato make money?

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business Model of Zomato - 1

The business model of Zomato revolves around providing food delivery services, information, user reviews and menus of partner restaurants. Zomato’s business model has revolutionized the…

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Business Model of LinkedIn – How does LinkedIn make Money?

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business Model of LinkedIn - 1

When there is a discussion about the companies that are able to provide some of the best services to the people in the best way,…

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Business Model of Kickstarter – How does Kickstarter Make Money?

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business Model of Kickstarter - 1

Launched in the year 2009, Kickstarter is actually an American Public Benefit Corporation. The business model of Kickstarter revolves around maintaining a global crowd-funding platform…

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Business Model of OYO Rooms – How does OYO Rooms Make Money?

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business Model of OYO Rooms - 1

Do you have a wish to know about the business model of OYO Rooms? In case the answer to that question is a yes, then…

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Business Letter Format -5 Templates of a Business Letter

October 11, 2019 | By Hitesh Bhasin | Filed Under: Business

Business Letter Format - 1

A business letter is a means of formal correspondence between professionals. Business letter format needs to be carefully selected to have maximum impact. It is…

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Business Model of Samsung – How does Samsung make money?

December 23, 2024 | By Hitesh Bhasin | Filed Under: Business

Founded in the year 1938, Samsung is the world’s largest seller of smartphones nowadays. Not only does it specialize in phones, but also in other…

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Business Model of Spotify – How does Spotify make money?

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business Model of Spotify - 1

Founded by Daniel Ek and Martin Lorentzon in 2006, Spotify is a media-service provider. It acts as a streaming platform for music and podcasts from…

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12 Benefits of Technology to Business and Education

June 17, 2020 | By Hitesh Bhasin | Filed Under: Business

Benefits Of Technology - 1

As the world is moving from industrial age to information age, our needs and demands have also altered with time. Technology is considered a process…

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Business Model of Swiggy – How does Swiggy make money?

June 9, 2023 | By Hitesh Bhasin | Filed Under: Business

Business Model of Swiggy - 4

Every food lover has a dream is to get their favorite recipes delivered from their most adored restaurants in the town that too in a…

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What is the Importance of Business Plan?

August 30, 2021 | By Hitesh Bhasin | Filed Under: Business

Importance of Business Plan

A business plan is important because it is a blueprint for a business that not only includes business concept, current business position, financial features and…

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Business Continuity Planning: Steps, Benefits, Examples, and Importance

October 18, 2019 | By Hitesh Bhasin | Filed Under: Business

Business Continuity Planning - 1

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…

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The 4 C’s of Credit in Business – Meaning and Importance

March 10, 2023 | By Hitesh Bhasin | Filed Under: Business

Importance Of the 4 C’s Of Credit

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…

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Going Concern: Meaning, Concepts, and Conditions

July 30, 2020 | By Hitesh Bhasin | Filed Under: Business

Going Concern

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….

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