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…
Buying Center – Definition and Importance
A buying center is a group of people within a company such as employees and other members of an organization responsible for channelizing buying process…
Business Banking – Definition, Importance and Characteristics
Business banking is the financial interaction of a business with a banking institution or financial institution that offers different banking services like business loans, savings…
Board Meetings – Meaning, Importance, Topics and Softwares
The Board Meeting is a meet-up of the board of directors of an organization that occurs at fixed intervals for deciding on the policies and…
How to write an Apology Letter? Template and Examples
An apology letter is a written or physical document or Email that accepts the mistakes and takes full responsibility for your actions to demonstrate regrets…
