Competitive strategy is how companies outperform competitors in serving the same consumer needs but more profitably. Sometimes, the strategy works,
Business Management
Globalization and International Business
International business involves international trade and investment. For example, companies rely on foreign markets for their sales. Meanwhile, they
Business Growth and Integration
Some startups are survival successes. They grow to be more mature with higher sales. Their operations have become more significant with increases in
Business Objectives
Objectives refer to something set to be achieved by the business within a specific time frame. It becomes an integral part of running operations
Types of Business Organizations
In the first section, this page discussed business organizations based on their ownership structure: sole proprietorship, partnership, and limited
Organization and Business Ownership
Many organizations exist in the real world. They may operate in the private sector or the public sector. They may be sole proprietorships and
Starting a Business: Entrepreneurs and Their Roles
Entrepreneurs start new businesses, realizing their ideas. Another term for their business is startups, namely new businesses focusing on pioneering
Public-Private Partnership: Meaning, Types, Benefits, Costs
What’s it: A public-private partnership is an arrangement in a public sector project involving the private sector. It is a long-term
Non-Governmental Organization: Definition, Examples, Funding
What's it: A non-governmental organization (NGO) is an organization legally formed without the participation or representation of any
List of Examples of Social Enterprises You May Be Familiar
You may find some examples of social enterprises around you. The keywords are they balance economic, environmental, and social. Social enterprises
Unlimited Liability: Examples, Pros and Cons
What's it: Unlimited liability means the owner is fully legally responsible for the business's debts. Thus, creditors can ask the owner's
Limited Liability: Examples, Advantages, and Disadvantages
What's it: Limited liability means the owner is not obligated to pay off the business debts. Together with unlimited liability, it is about how