The terms of the employment contract, which are not necessarily written, are called implied terms. Usually, these are the terms conveyed orally but are nevertheless…
The Business category consists of detailed articles on Business Management and is a great place to start your Business Journey.
Board Of Directors: Definition, Structure and Types
A board of directors is referred to as a group of individuals that represent the interest of the shareholders. They are elected by the shareholders…
What is Due Diligence? Definition, Types and Advantages
Due diligence is defined as a process of investigation where proper steps are taken to minimize the risk of an uninformed decision. It is mostly…
What are the Basic Ethical Standards in the Workplace?
Ethical standards are used for establishing the behavioral parameters that business-owners and senior-level managements expect from their employees, suppliers, and other stakeholders. Maintaining ethical standards…
Principles, History & Business Model of HUL (Hindustan Unilever)
Business Model of Hul revolves around the production of fast-moving consumer goods. Established in the year 1933 by the Lever Brothers of United Kingdom, HUL…
Business Model of Big Bazaar Explained
Shopping is necessary for one and all. There are two basic types of shopping. One is done in retail stores, and the other one is…
Business Model of Education Explained
The business model of education revolves around different processes of facilitating learning or procuring skills, knowledge, beliefs, habits, or values. Education is indeed one of…
What is Confidential Agreement? (with Free Template Example)
In case you want to protect an idea, thought, practices, or other confidential info, then you can do this easily by utilizing a confidential agreement….
Breach Of Contract: Definition, Types and Remedies
A contract, whether written or oral, is intended to satisfy a promise – and when it is broken, breach of contract occurs. At these times,…
Business Model Canvas Explained (with Benefits and Usage)
Business Model Canvas is a strategic management template or the structure of a business plan. It enables you to enlist all the building blocks related…
Business Model of Amazon and How Amazon Makes Money
The business model of Amazon revolves around industries related to E-Commerce, Cloud Computing, Artificial Intelligence, Digital Distribution, Consumer Electronics, and Self-driving Cars. Amazon’s business model…
What is the Main Business Model of Insurance Companies?
The business model of Insurance Companies channelizes through revenue generation by putting money on risk. They bet on the risk that their policyholders will not…
Business Model of Microsoft & How Does Microsoft Make Money?
Microsoft, an American multinational technology company, is the leading company of technology in the world. The business model of Microsoft develops, designs, supports, licenses, and…
Revenue Model and Business Model of IndiaMART Explained
IndiaMARTInterMESH Ltd. began in 1996 when cousins Dinesh and Brijesh Agarwal opened a business-to-business (B2B) portal by the name of IndiaMART.com to directly connect Indian…
Business Model of Restaurant Explained (with Restaurant SWOT)
Restaurant business model revolves around designing, development, and channelization of an eatery business that prepares and serves food and drinks to the users inside the…
Business Model of Twitter & How Twitter Makes Money Explained
As an American Social Networking and Micro-blogging service, Twitter is a popular and the most utilized social media platform, which was created by Jack Dorsey,…
Business Model of Infosys and its Revenue Model
Founded in the year 1981, Infosys Business Model caters to two industries: IT Services and IT consulting. Headquartered in Bangalore and Karnataka in India, the…
Business Model of WeWork (and How it Makes Money) Explained
The business model of WeWork revolves around being a commercial real estate company that offers shared workspaces for technology services, start-ups, and other types of…
Business Model of McDonald’s and How it Makes Money
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…
What is Business Storytelling and Why it is Important for Business?
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,…
Business Model of Big Basket and How it Makes Money
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,…
Business Model of Google Pay and How Google Pay Makes Money
Business Model of Google Pay revolves around the adept channelization of digital wallet platform and online payment systems. It powers and processes in-app and tap-to-pay…
What is Business Agility? Concepts & Advantages Explained
Business agility can be understood as the capacity of an organization to adjust rapidly to the changing market dynamics, customer demands, and industry standards profitably…
Leveraging Technology: Meaning, Importance and Examples
Gone are the days when businesses were just on papers and business functions requiring no technology. We are living in an era where the world…
Business Model Of Byju’s – How Byju’s Makes Money?
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…
Business Model Of MakeMyTrip
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,…
What is Licensing? Definition, Types and Examples
Licensing is one of those terms that are used quite frequently and hold high importance. However, it is common for people to get confused with…
Business Model Of Ikea and its Key Components
The business model of IKEA revolves around the manufacturing and selling of Ready-to-assemble furniture, home-ware, and food products. IKEA is a Dutch-based Swedish company established…
16 Tips To Ensure Small Business Success
Are you looking for the critical strategy and formula for small business success? Then you need to understand here that the successes of small businesses…
Memorandum of Understanding (MoU) – Definition and Working
A Memorandum of Understanding or (MoU) is an official document that represents an agreement between two or more parties on a common issue. A Memorandum…
What is a Partnership Agreement? Definition, Clauses and Importance
The partnership agreement is defined as a written agreement between two or more individuals who have joined as partners in a partnership firm. It is…
22 Best Side Hustle Ideas (Online and Offline)
A side hustle is an additional job or gig or activity that an individual takes along with their main job to enhance their weekly, monthly,…
Caveat Emptor – Definition and Exceptions
Definition Caveat emptor can be defined as a rule or principle that when a person is buying something, he is responsible for the condition of…
Social Capital – Definition and Types
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…
Succession Planning – Definition, Steps and Principles
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…
Key Differences between Import vs Export
Import and export are the two terms which are used frequently in trade. Trade is a branch of commerce which deals with the sales of…
Guide to 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…
10 Ways to Increase 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…
How to Write a Business Plan?
When you start a new business, you need to have a well-documented plan that can guide you about how you can accomplish your business goals….
Arbitration Definition and Process
The term arbitration might sound like an age-old term, but it is a term that is very frequently used in the business world. You can…
