The board of trustees is a group of officially designated individuals for overseeing and managing operations of an organization to ensure the best interest of…
Cash-and-Carry Wholesaler – Definition and Features
A cash-and-carry wholesaler is a type of wholesaler that carries a limited line of fast-moving goods and sells that to small retailers on a cash-only…
Business Analysis – Definition, Techniques and Role of Analyst
Business analysis can be understood as a research discipline that helps you in finding the business needs and identifying solutions to a variety of business…
Business Design – Definition, Importance and Features
Business design is a process of designing a profitable business model by incorporating design thinking to put customers at the center of the design. Business…
Business Management – Definition,Tactics and Styles
Business management is the process of coordinating and organizing business operations and activities. A business management professional is responsible for helping the organization to thrive…
Business Process Management (BPM) – Definition, Importance and Examples
Business process management is the inclusion of methods and systems used for discovering, modeling, analyzing, measuring, improving, optimizing, and automating business processes. Business process management…
Business to Government (B2G) – Definition and Advantages
Business to government B2G is the business model that refers to the relationship between a business and government agencies and institutions. In this, businesses sell…
Brick and Mortar – Definition, Meaning and Examples
Brick-and-mortar is a traditional business model that incorporates a physical store where customers can physically come and purchase the items of their choice. Brick and…
Cash on Delivery (COD) Definition – Examples, Pros and Cons
Cash on delivery (COD) is a payment method in which payment for an order is collected when the associated product is delivered to the customer….
Cash Discount – Definition, Advantages and Disadvantages
A cash discount is a reduction offered by a seller at its product’s price when the buyer makes payment right away or within the given…
Business Operations – Definition, Importance and Tips
Business Operations are a wide variety of activities that a company does on a daily basis to keep it functioning and profitable. Therefore, businesses make…
Bureaucratic Leadership – Definition, Advantages and Disadvantages
Bureaucratic leadership is a leadership style in which a hierarchy of power establishes management and decision-making norms. In a bureaucratic leadership framework, a strict and formal…
What is Buyer’s Market? Definition, Examples & Buyer vs Seller’s Markets
A buyer’s market is a situation when supply exceeds the demand letting buyers have upsides over sellers in the price negotiations. Hence, when a situation…
Capital Goods – Definition, Types and Examples
Capital goods are those products or goods that are bought and then again used by businesses or companies for producing consumer goods or offering services…
Capital Intensive – Definition, Advantages and Disadvantages
Capital intensive is the processes or industries that need enormous capital investments in plants, tools, machinery, etc to create products or services in high volumes…
