Founded in the year 2008, Groupon is an American Company that offers Online Deal Marketplace. The business model of Groupon revolves around connecting local consumers…
Business Model of IBM and How does IBM Make Money?
Founded in the year 1911, IBM is multilingual IT Company based in America. The business model of IBM or International Business Machines Corporation revolves around…
Asynchronous Communication: Examples & Benefits
Asynchronous communication refers to a type of communication where one person shares information and then waits for a delayed response from the recipients. To put…
What is Business Structure? Common Business Structures Explained
Business structure is defined as an organizational framework for carrying out commercial activities. It is a legally recognized structure that is characterized by its category….
Capacity Utilization Rate – Definition, Meaning, Importance
Capacity utilization is defined as the extent to which the manufacturing and productive capacities of a country, plant, or business entity are utilized in generating…
Economic Order Quantity: Meaning, Formula, Assumptions, & Advantages
Economic order quantity is also popularly known as EOQ. It is defined as a production scheduling concept as it is used to determine the frequency…
Feasibility Study: Meaning, Understanding, Steps, Examples, and Types
Feasibility Study is defined as the assessment of a project that has been proposed by someone. It is analysis and evaluation of a system and…
Exit Interview: Meaning, Objectives, Tips, Advantages, & Disadvantages
An exit interview is defined as the final formal meeting between the management and employee who is leaving the company, a member and an association…
Golden Parachute: Meaning, Examples, Advantages, and Legality
A golden parachute is defined as a contract between an employer and a top-level executive that offers substantial financial benefits from one to other upon…
Hierarchical Organization : Definition, Types of Structure, Advantages, & Disadvantages
Hierarchical organization is defined as a pyramid-like structure where one individual is in charge of the company with one or more subordinates subsequently under each…
Hostile Takeover: Meaning, Tactics, Disadvantages & Examples
A hostile takeover is defined in simple terms as a process where a business entity is purchased by someone against the wishes of the actual…
Impact Analysis: Meaning, Understanding, Types and Necessity
Impact analysis is defined as a structural approach adopted by the management level to determine the negative impact of change that has happened because of…
What is Internalization: Meaning, Benefits, Limitations, and Examples
Internalization is described as a transaction that is handled by an entity itself without transferring or routing it via an external source. This process applies…
Industry Analysis: Meaning, Types, Benefits, Limitations, and Necessity
Industry analysis is defined as an assessment tool designed to offer business entity a comprehensive idea about the complex nature of a specific industry. It…
Path-Goal Theory: Meaning, Style, Consideration, and Characteristics
The path-goal theory is defined as a leadership theory that specifies the behavior and style of a leader best suited to fit the work environment…
