E-commerce provides many new ways for businesses and consumers to communicate and conduct business. E-commerce is considered as a powerful and legitimate platform that evokes opportunities for new businesses and consumers to build an encircle of trade effectively. Numerous tipping points help in evaluating the advantages as well as the disadvantages of setting up an … Read more
Advantages: Catalog Inflexibility: The direct ‘link’ has enough potential to showcase content information and other visual images that already prevail on websites belonging to multiple clients. Quite interestingly, we’ve been given the liberty to adjust our e-catalog whenever it’s feasible, it includes the addition of the new products and making amendments in their prices accordingly. … Read more
Definition: The ‘Business To Business’ platform is an essential route to exchange goods, services and legitimate information between one business unit to another over the internet. It doesn’t include the customer base, making it more divergent and formal than various e-transactions that happen online. It should be in our best interest that ‘Business To Business’ … Read more
What Are Current Liabilities? If we have developed associations with the accounting units in various regions in the world, then the term ‘current liabilities’ should ring bells for each one of us. It should be in our best interest that such elements are considered as debts and obligations that companies clear off within a year’s … Read more
Advantages and Disadvantages of Telemarketing Telemarketing is one of the most profound ways of selling out the company’s products and services. It includes a direct interaction with the customer-base to understand their interest towards what we sell out in the markets. Furthermore, it gives us the time to interrogate and evaluate about their needs to … Read more
What Are Current Assets? It should be in our best interest that the “Current Assets” are valued and mentioned in the balance sheet of the organization. Such elements are comprised of all the assets that liquidate on instant basis and are sold in the markets in one year’s tenure. Furthermore, the term “Current Assets” is … Read more
What’s Poverty? The term “Poverty” encapsulates a vast meaning related to the human beings who are deprived of the most basic needs of their lives. It should be in our best interest that “poverty” has seen a major rise in the continent of “Africa” as well as in “Asia”, where countries are not developing as … Read more
Introduction: Ever since this nation dawned on the world map and the imbalance it experienced during the partition, Pakistan has not tapped on its sustainability in terms of the economic scenario and it’s still recovering from the mistakes it made in the past. It should be in our best interest that after experiencing the economic … Read more
What’s Entrepreneurship? The term “Entrepreneurship” sketches a scenario of an individual, who in all truthfulness, exhibits willingness to earn and a demand to supervise a small business setup with risks and revenue resting on his shoulders. It should be in our best interest that a successful entrepreneur should is aware of the market trends and … Read more
Introduction A top organizational theorist named “Russell L. Ackoff” encapsulates the literal difference between “Growth” and “Development” by stating “A rubbish heap grows, but it does not develop” giving us another right lead to search for the verdict between these terms. We often hear economics and theorists using these terms while elaborating success or its … Read more
Introduction It should be in our best interest that various economists have debated against and for the advantages of ‘privatization’. However, nothing affected its effectiveness of reviving the dead business setups as well as organizations to gain lucrative profit after getting registered under the spree of private sectors. This phenomenon has been long in the … Read more
Introduction In accounting, the term ‘credit policy’ comes into existence whenever an account for receiving the granted debts is established. It should be in our best interest that such receivables are either related to the credit for firms or for the consumers which is called “consumer credit” in the corporate world. Furthermore, the worldwide accounting standards have … Read more
Introduction: It is imperative to catch on with the most benefiting strategies when it comes to “business buying process” as this procedure incorporates five major stages, since the race is on to purchase the most suitable inventory, which should be affordable, solidly built and provides sharp return on investments. However, each stage incorporates … Read more
Introduction: It should be in our best interest that companies are now focusing on the buying behavior than anything else in the markets. It includes the buying practices of both institutional and government-funded organizations. However, each one of them dazzles the customers with their unique attributes and features helping them to succeed in their present … Read more
Introduction It can be a daunting objective to push our business in using the most profit-gaining strategies, especially if we enter the market to produce full-fledged results from products and services. However, creating value for customers through products can help in growing our business reputation and getting an international recognition as a brand, … Read more
What’s Target Marketing? A target market is considered a place where companies want to sell their products and services with a piercing approach. It includes a group of targeted customers, for whom the company plans and implements ideas to fulfill their distinctive needs. Furthermore, an organization’s marketing plan is of no importance … Read more