business

The world has changed significantly since globalization. Along with it, the concept of business management and leadership has changed too. In today’s world, a manager must be an open-minded person with multicultural knowledge and an able leader to amalgamate all the different cultural parameters of the clients and workers. In this context of global Leadership […]

It doesn’t take rocket science to do gift basket business but it may drain your personal account if you don’t know where to look for financing. Cynthia McKay charged $50,000 to her credit cards to launch Le Gourmet Gift Basket in 1992 (Mariah, 1999, ¶ 2-4). By 1999, her business raked in $ 1 million […]

Trust is probably the single most important factor in running an online business. Although the volume of online transactions are increasing, most customers are hesitant to use their credit cards due to the many scams, frauds and other fly-by-night operations plaguing the Internet. Studies show that nearly 70 percent of online shoppers have terminated an […]

Financial analysis is the assessment on the effectiveness with which funds investment and debt are employed in a firm. It reviews the efficiency and profitability of the company operations, and value and safety of debtors’ claims against its assets. Financial analysis employs techniques such as ‘funds flow analysis’ and financial ratios to understand the problems […]

This essay briefly describes the life and achievements of two successful American business leaders, their brief life sketches, the ways and means used by them to achieve their success . It also goes to explain how each of them affected the American society and finally concludes with a comment on the morality of their actions. […]

Setting up strategic aims and objectives is very helpful for the business, so that they will be able to measure their progress towards their stated goals for a particular business period of time. Aims indicate where the business wants to be in the future, whereas objectives set a clearly defined target for the business. For […]

Companies’ asumes that the same regulations and laws that covers their traditional operations will also protect their e-business. This is not true. Although operations are similar in both businesses, e-business confronts some issues that traditional business don’t have. It is very difficult to regulate e-business because those companies can reach almost everybody around the world […]