What is Backward Compatibility? Definition: Backward compatibility is defined as a feature of software or hardware when their new version keeps operating with the present…
Top 19 Strategies for Businesses With Examples
The strategies for businesses refer to the decisions that a business has to take, and subsequently, the actions it performs to accomplish organizational goals and…
Acceptance Criteria – Definition, Uses and Features
What are Acceptance Criteria? Definition: Acceptance criteria are defined as the pre-established conditions that a software product development team needs to fulfill, so they can…
What is Business Case? – Meaning, Structure and Template
If you want to optimize your business projects’ chances to meet their objectives, then your project management should be supported by sufficient buy-in from the…
What is Sourcing and Why Is It Important for Businesses?
Sourcing revolves around the practice of searching out and finalizing businesses or individuals for fulfilling specific criteria. Sourcing in the business is associated with the…
Technology Transfer – Overview, Types and Working
Technology transfer revolves around the practices that channelize the movement or flow of technology, designs, data, prototypes, inventions, materials, software, etc. from one organization or…
Top 15 Family Owned Businesses in the World
As per the study, around 35% of the top companies listed by Fortune are family-owned businesses. These family-controlled businesses are responsible for 64% percent of…
Best Practices – Definition, Importance and Examples
Best practices are the methods that are accepted as better or superior to other available methods for solving any issues or problems, and that is…
Mediation Services – Overview, Critical Elements and Process
Mediation services are used for addressing and resolving workplace disputes. The office of Mediation Services (MEF), being a part of the Internal Justice Services (IJS)…
20 Successful Business Leaders Leading The World Today
Like the huge empires that flourish in their times and collapse later, all businesses have a blooming phase before seeing their ruins. Businesses come and…
Karoshi – Japan’s Death by Overwork
What is Karoshi? Karoshi is a Japanese term that means death by overwork. It is a fact that professional overburden has become a serious issue…
Self service technologies – Definition, Meaning and 10 Examples
SST or Self Service Technologies enable users or customers to enjoy a service without even interacting with any service providers. With the help of Self…
Industrial Relations – Meaning, Importance, goals and Scope
Industrial relations involves the study and strategies necessary for analyzing the connections and communications amongst management and employees of an organization. Its practices are involved…
Business Ethics Definition – Importance, Examples, Role and Types
Business ethics helps in ethical decision-making by guiding about the right and wrong for a business in the situations of ethical issues, dilemmas, or controversies….
What is business? – Definition, Nature, Importance, Functions and Channelization
Definition – A Business is any entity or organization which is involved professional, commercial, industrial or charitable activities. Businesses can be both – for profit…
