Tag Archives

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 …

Direct Investments and Multinational Corporations

A firm directly invests within foreign shores involves with capital, personnel and assets beyond domestic borders. The firm is responsible for the control over …

Licensing and Franchising

Licensing Through licensing, a firm (licensor) grants a foreign entity (licensee) some type of intangible rights, which could be rights to process, a patent, a …

Goods vs Services

Goods and services aims at fulfilling customer needs.  Examples of goods are books, foods, clothes and so on. Examples for services would be hair dressing, …

Domestic versus International Business

A firm needs to identify its potential market, locate adequate and available sources of supplies of raw materials and labor, raise initial amount of capital, …

What is International Business?

In it’s purest definition, international business is described as any business activity that crosses national boundaries. The entities involved in business …

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 …