Subsidies are one of the many ways in which governments help stimulate or supplement economic activity. Understanding how subsidies work is crucial for anyone attempting to break …
Oct 12, 2022
Most line workers receive work instructions that travel along a chain of command—from top management down through the line organization. Yet sometimes, the best advice and instr…
Feb 1, 2023
Holacracy is an unconventional organizational structure that replaces the traditional management hierarchy of top-down corporations with a fluid governance process. Learn about …
Jan 31, 2023
White labeling is when a company purchases a generic product and rebrands it as their own to sell in their stores. A company can use white labeling to quickly purchase products …
Vertical mergers are when companies at different stages along the same supply chain merge to create financial synergy or improve operational efficiency. A vertical merger is one…
Vividness bias is a concept in social psychology that influences your perception of the real world. Learn how to identify and combat vividness bias to improve your thought proce…
A reverse merger is a type of acquisition in which a private company purchases a public company. Reverse takeovers are a fast and simple way for a private company to become a pu…
Jan 30, 2023
A project manager leads a team to fulfill the outcomes and deliverables for a project for a business.
Jan 27, 2023
Accountants and business owners use product costing to determine both individual product costs and the cost of goods sold in the aggregate. When you keep track of costs in this …
When disaster strikes, a business continuity plan protects companies from the slowdown or shutdown of business processes. Learn about the key elements of a BCP.
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