Data and information are common terms that get thrown around a lot, but many don’t fully understand the difference between them. When it comes to…
Business Articles
The Business category consists of detailed articles on Business Management and is a great place to start your Business Journey.
What is Activity Report? Role of Activity Report for management
Marketing activity involves a hierarchy. The top management takes important decisions and formulates goals and objectives to be realized by means of effective marketing. The…
6 Types of Business Plans most Commonly used for Funding or Planning
The starting point for any successful business is a properly formulated business plan. Without a business plan, the business is just like a body roaming…
Four Types of Business Resources
The resources which are important to the organization and create a value proposition in service to its customers and deliver the product to the customers…
8 Types of Business Cards used by Different Businesses
A business card is an identity of a person representing the business and the position. It is a printed card which has information about the…
17 Types Of Technology used in the Businesses World
The technology consists of various methods, techniques, skills, and processes used together to make a work or task easy. Technology is used for reducing manual…
What is Cost Reduction? Advantages and Disadvantages
This can be seen as a strategy wherein the company, not out of necessity, but out of sheer want, may undertake Cost Reduction. Unlike Cost…
20 Types of Business Agreements
Agreements are an integral part of the business. Every business will have several Types of agreements in place for the smooth functioning of the organization…
13 Types of Audit – Various types of Auditing used By Companies
Review and investigation of financial statements and reports are called auditing. The reports and statements can be of any nature like revenue reports, expense reports,…
What is Meant by Piercing The Corporate Veil?
Starting a limited liability company is always advantageous since directors are not directly liable for any debts that may be incurred by the business. When…
Best 8 Types of Business Ownership
Business is also classified according to ownership, and deciding the type of ownership is one of the most important business decisions. The ownership decisions have…
10 Important Business Objectives And Tips To Achieve Them
Business owners should have a particular vision and purpose and must work diligently towards achieving them. There is no harm in setting up projections and…
10 Types of Business Costs
Costs are mandatory expenses which are made in order for the smooth running of a business. Every part of the business is associated with different…
8 Types of Business Processes
A collection of processes is what makes the business. Different processes come together to form an efficient business model. For a business to flourish it…
15 Types Of Business Letter Used by Small Business
Any letter which is written for someone outside or inside the organization, with the intention of conveying a business message is termed as Business Letter….
What is Corporate Reputation? Explanation, Importance, Advantages
When it comes to an organization’s success and benefits, one of the most import things that come to mind is the corporate reputation. There is…
5 Types of Business growth of an organization
It is often answered fact that business means growth. Every company seeks growth in one way or the other. Every company has their own strategies…
7 Main Types of Business Activities Carried out By Organizations
Every business is based on different activities in which specializes. The activities of the businesses help to bring productivity and in the growth of the…
What are the Different Types of Business Environment?
Business environment refers to any kind of internal or external forces which have an effect on the functioning of the business in a positive or…
What are the Objectives of Business? Major Business Objectives Explained
While setting up a new business, you have a few goals in mind like making an impact to the society, making X amount of profits,…
23 Types of Business Models Examples
Essentially business model is the way how a company makes money. A business model describes the way an organization creates value and money and how…
Bill of Exchange – 11 Types of BoE Explained with Meanings & Examples
An instrument which is used for the settlement of debts is called bills of exchange. It is prepared by a person who is entitled to…
14 Types of Business Expenses
Just like profits are a necessary part of businesses, expenses which are another side of profits, are an integral part of businesses. To run an…
What is Business Environment? Understanding Business Environment
In today’s fast-paced business environment, it is very important that you have a sound understanding of your immediate business environment. In order to shake up…
19 Types of Industries Business
Every business is classified into different industries based on the products they make and the markets they cater to. These industries are classified on their…
14 Types of Business Services
The services that organizations utilize are called business services. Unlike products or goods services are intangible. A large part of the business industries is present…
Corporate Governance – Definition and Principles
Corporate governance is defined as a framework of practices and rules via which the organizations are operated and controlled by the board of directors. It…
15 Types of Business Reports used by Organizations
There is a large amount of information which needs to be conveyed in every business and business report to just that. business reports are the…
10 Types of Business Degrees
Today a degree in business has become a necessity and is most pursued after in the education sector owing to the availability of different types…
10 Basic Business Etiquettes You Should Have
Business etiquette are two simple words but with great deeper meaning. It involves essential behavior and subtle nuances that have the power to create a…
Types of Businesses
There are various types of businesses. These types vary based on who owns the business, what the business does in the market and how it…
Moving Average Price
Any business that sells products is bound to keep an inventory of its products. To keep track of its inventory and for price control, business…
What is an Export house?
Export as a business is growing across multiple sectors. There are always a number of countries which are under developing stages and a lot of…
What is Demand Analysis?
In economics, demand is described as “desire backed by adequate purchasing power”. It is defined as the amount of a commodity which a consumer is…
Winner’s Curse – Definition, Meaning, Tips and Examples
A winner’s curse is a situation where the winning bid of any asset in an auction exceeds its common value or true worth. The term…
Importance of International Business – Benefits of International Business
International business has many advantages and benefits for a Production or manufacturing company. With local markets being saturated, many companies think of expansion via international…
What is Kaizen – The philosophy of Kaizen Explained
At any given point, a business can improve itself through various means. It can improve its production, its flow of goods, its finance management or…
What is a Limited Liability Company? Advantages and Disadvantages of Limited Liability
A limited liability company (LLC) is a business entity or corporate structure in which the members of the organization cannot be personally held responsible or…
Types Of Warranty and their meaning
A warranty is a promise or guarantees to provide some assurance from one party to another that certain conditions or even facts are true. If…
The business cycle
The economic growth of a country has highs and lowly within the fiscal year. These highs and lows form a Business Cycle which is a…