What's it: Human resource objectives refer to the purposes the company wants to achieve through its human resources department. They outline what
Business and Strategy
What's it: A financial objective is a target or something we want to achieve through the finance department. They guide the finance department
What's it: A corporate objective is a specific, measurable, and time-specific target by which you can achieve your overall corporate goal.
The four business organizations in the private sector are sole proprietorships, partnerships, private limited companies, and public limited companies.
The fundamental difference between intrapreneurs and entrepreneurs is who they are accountable to. Entrepreneurs work for themselves and are free
Who's it: An intrapreneur, or internal entrepreneur, is an entrepreneur who works within an organization. They are company employees but think
Who's it: Social entrepreneurs are those who pursue business not to maximize their own profits but to maximize social and environmental benefits.
Entrepreneurs' business ideas can come from their daily lives. For example, they commercialize their hobby. Or, they observe the problems people face
Factors causing deindustrialization occurred due to higher manufacturing productivity, pushing prices and job absorption to continue to fall. The
Deindustrialization brings both positive and negative impacts. First, it could reflect an increase in living standards, so consumers spend more
Solutions to avoid business failure can vary widely. There are countless businesses around us with different backgrounds, including different target
There are several ways to deliver customer value. For example, it can be by quality, design, or other product attributes. Or, it could be through
What's it: Customer value refers to how worth a product is to a customer. It represents the difference between the perceived benefits and the
What's it: Added value is an improvement or addition to something to make it more valuable. Businesses do this by processing inputs
What's it: A value-added product is any product we can sell at a price higher than it cost to produce it. It can have a broad meaning, like what
Ownership and motives in providing goods and services are the main differences between the private sectors and public sector. Yet, both play a vital