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The 10 Steps of the Procurement Cycle
Management in any company must understand the art of obtaining products and services. The procurement cycle follows specific steps for identifying a requirement ...
Affected vs. Effected
Affected and effected are two words that are commonly confused in writing, while their meanings are related they are very different. We want to make sure we're ...
Corporate Entrepreneurship and its Importance in Large Companies
Though its definition is somewhat contentious, the concept of corporate entrepreneurship is generally believed to refer to the development of new ideas and ...
Five Common Legal Issues Faced by Businesses
As an owner of a small business, the danger of crippling litigation should also be at the top of your priorities. Legal headaches, especially in America can ...
Using SWOT Analysis to Develop a Marketing Strategy
SWOT analysis is a straightforward model that analyzes an organization's strengths, weaknesses, opportunities and threats to create the foundation of a ...
Why is Corporate Governance Important?
Corporate governance is the way a corporation polices itself. In short, it is a method of governing the company like a sovereign state, instating its own ...
Which Organizational Structure is Right for Your Business?
When setting up a new business, you should pay careful attention to designing your company's organizational structure. This should be decided according to your ...
The Role of Stakeholders in Your Business
In business, a stakeholder is usually an investor in your company whose actions determine the outcome of your business decisions. Stakeholders don't have to be ...
6 Principles of Needs Analysis
Needs analysis is defined as a formal process focus on how a product addresses the needs of a human. It is not an official business development tool, but is ...
Three Objectives of Brand Awareness
Marketing strategists agree that brand awareness in any industry gives that company an edge. Brand awareness accomplishes several objectives for companies ...