What is a business-level strategy? A business-level strategy is an integrated and coordinated set of commitments and actions that a firm uses to achieve competitive advantage by exploiting core competencies in a particular product market. It refers to the choices a firm makes about how to compete in individual product markets. Namely, choices matter because …
This article titled ‘Business Structure and Its Types’ is written by Mayank Shekhar and discusses the business structure and its different types. The company structure chosen affects everything from day-to-day operations to taxes and personal property risk. One should choose a company structure that strikes a balance between legal security and benefits. Introduction: Business structure …
What are the basics of business development? In simple terms, business development can be summed up as ideas, activities and initiatives that help the business become better. These include increasing revenue, growth in terms of business expansion, increasing profitability by creating strategic partnerships and making strategic business decisions. “Business Development Executive,” “Business Development Manager,” and …
See how you can make money online, plus more details on how to get paid fast. Some days you won’t have to worry about rent and credit card debt. But in the meantime you have to control your finances. In a bind? Want to make money fast? We’re not talking millions of dollars, but enough capital to …
Money makes the world go round. An economy depends on the exchange of money for products and services. Economists define money, where it comes from and what it is worth. Here are the multifaceted characteristics of money. medium of exchange Before the development of a medium of exchange—that is, money—people would barter to obtain the goods and …
At some point in your life, you’ve probably heard someone say that they don’t care about money; You may have said so yourself. While this sentiment sounds great in theory, the reality – for better or worse – is that you shouldn’t underestimate the importance of money. On this page: Why do we need money?Wealth GainsMoney …
Saving money helps you navigate difficult situations, meet financial obligations and build wealth. The importance of saving money cannot be understated. In fact, with many proven benefits, saving money is one of the best financial habits you can adopt. But, if saving money isn’t easy for you or you just don’t see the point, it’s natural …
Meaning of investment Investment refers to the instrument that people use to allocate their funds for the purpose of generating income. It is the way in which profits are created by deploying ideal false resources into financial assets. Investment means the purchase of assets by people not only for immediate consumption but also for future …
Investments: Characteristics, Features and Importance, Objectives Read More »
I can summarize my message by recalling the famous advice of Will Rogers. “Don’t gamble,” he said. “Buy some good stock. Hold it until it goes up… and then sell it. If it doesn’t grow, don’t buy it!” There is as much wisdom as humor in this remark. Success in the stock market is based on the principle of …
While the concept of investing has existed for thousands of years, investing in its current form can trace its roots to the period between the 17th and 18th centuries, when the development of the first public markets connected investors to investment opportunities. The Amsterdam Stock Exchange was founded in 1787, followed by the New York …