A green-field investment is an investment made by a company in a new product, market or business activity. It is usually made in an effort to increase the company’s growth or diversify its business. Green-field investments can be risky, but they can also offer a high potential return. There are a number of reasons why … Read more
Operations management is the process of planning, organizing, and controlling the operations of an organization. Which functions are included in IT operations management? IT operations management (ITOM) is the process of overseeing the day-to-day operations of an organization’s IT infrastructure. This includes managing the IT infrastructure itself, as well as the people and processes that … Read more
A “mature firm” is a business that has reached a point in its development where it is no longer growing rapidly and is instead focusing on maintaining its current position. This can be contrasted with “start-up firms” which are still in the phase of rapid growth. There are a few different ways to define when … Read more
Reach the point of optimal market saturation with your product or service by taking it to the max! When has a market become saturated? There is no definitive answer to this question, as saturation can occur at different levels for different markets. However, saturation typically occurs when the majority of potential customers in a given … Read more
Liability is defined as an obligation of an individual or organization to make payment to another individual or organization, typically in the form of money. The obligation can be for a variety of things, such as the payment of goods or services, or the repayment of a debt. How does a limited company work? A … Read more
Advertising costs definition: Advertising costs are the fees associated with creating and placing advertisements. This can include the cost of hiring an advertising agency, the cost of designing and producing the ad, and the cost of media placement. Is advertising a cost or expense? Advertising is considered to be a cost of doing business, as … Read more
What are its pros and cons? What is cost-benefit analysis, how is it used, what are its pros and cons? How do you do cost analysis? A cost analysis is an examination of the components of a project or system to determine how much they cost and whether they are worth the investment. It can … Read more
Foot traffic is the number of people who walk through a given area in a given period of time. It’s a key metric for businesses, especially retail businesses, because it’s a good indicator of how many potential customers are in the area. There are a few reasons why foot traffic matters for businesses: 1. It’s … Read more
A conditional sales agreement is a contract between a buyer and a seller in which the buyer agrees to purchase the item(s) specified in the contract and the seller agrees to sell the item(s) on the condition that the buyer pays the agreed-upon purchase price in installments. The buyer typically pays a down payment at … Read more
A no-shop clause is a provision in an agreement that prohibits one or more parties from soliciting or entering into agreements with competing businesses. No-shop clauses are typically found in employment agreements, non-compete agreements, and exclusive supply agreements. The purpose of a no-shop clause is to protect the interests of the party who is party … Read more
