Management

Similarities Between Goods and Services

In broad terms Goods and services are can be defined as any product that can satisfy human needs and wants. Even thought there are differences between goods …

Outsourcing

Outsourcing refers to contracting non core activities of on organization to a third party while keep focused on core activities of the business. In other words …

Business Objectives

Most of the ordinary people would say businesses’ main aim is to make profit. True enough, but this may not be the case; profit is not the main priority …

Recent Trends in Operations Management

The operations management is the process of managing activities that produces goods and services in order to create value to the customer. With recent …

Costs of Quality

Many scholars define quality in many approaches but in general quality is defined as fitness for use/consumption/purpose. In other words the a quality product …

Forms of Business Organizations : Limited Liability Companies

Limited Liability companies are a form of organizations where there is a legal existence for the entity which separated from owners of the business. Owners …

Forms of Business Organizations : Partnerships

Partnership is a form of organizations where two or more people get together and pool money and/or knowledge to start up a business with the intention of …

Forms of Business Organizations : Sole Proprietorship

Sole Proprietorship is a form of business organization where a business is formed with the knowledge and the capital of one person. In other words sole …

Foreign Direct Investments (FDI)

Foreign Direct Investment (FDI) is a strategy where the firm directly sets up a manufacturing plant or business operation in a foreign country as a fully …

Foreign Business Entry Strategies

There are many entry strategies used by firms to enter new foreign markets as a part of their growth process and some of those strategies are: Exporting …