Essays tagged with: Business

Promotion and Types of Promotion.

Promotion is the publicizing of a product, organization, or venture so as to increase sales or public awareness. Companies/firms promote their business and product in order to introduce a new product onto...

Answers No Answers In: Paragraphs By: [75 Blue Star Level] Feb 23, 2016

Product Life Cycle

Alike anything a product also has a life cycle. A product life cycle has five stages, introduction, growth, maturity, saturation and decline. Introduction is the most difficult and expensive stage. It...

Answers No Answers In: Paragraphs By: [75 Blue Star Level] Feb 23, 2016

Marketing Mix: 4Ps of Marketing.

A marketing mix is the combination of product, price, place and promotion in order to make a perfect product. In order to start a business, the producer needs to create a product, which fits the needs...

Answers No Answers In: Paragraphs By: [75 Blue Star Level] Feb 22, 2016

Market Research: Primary Research and Secondary Research.

Market research is the systematic gathering and interpretation of information about individuals or organisations using statistical and analytical methods and techniques of the applied social sciences to...

Answers No Answers In: Paragraphs By: [75 Blue Star Level] Feb 22, 2016

Communication: Effective communication and barriers.

Communication can be defined as the process by which a message is exchanged from a sender to a receiver. It can be either internal or external. Internal communication is the one one done within the business,...

Answers No Answers In: Paragraphs By: [75 Blue Star Level] Feb 22, 2016

E-Commerce: Benefits and Drawbacks.

E-Commerce is a digital market where goods and services are sold. It has many benefits and drawbacks too. It is an easier and convenient way, and people use it to save time and energy. People can also...

Answers 1 Answer In: Paragraphs By: [75 Blue Star Level] Feb 18, 2016

The Break-even Chart

A break-even chart is a line graph used in break-even analysis to estimate when the total sales revenue will be equal to the total costs, or the point where loss will end and profit will begin to accumulate....

Answers No Answers In: Paragraphs By: [69 Blue Star Level] Feb 17, 2016

The 4P’s of Marketing

The marketing mix is a business tool used in marketing and by marketers. The marketing mix is often crucial when determining a product or brand's offer, and is often associated with the four Ps: ▪️...

Answers No Answers In: Paragraphs By: [69 Blue Star Level] Feb 17, 2016

Equilibrium Price, Equilibrium in the Market

The equilibrium price is where the supply of goods matches demand or the price at which the quantity of a product offered is equal to the quantity of the product in demand. Equilibrium is the state in...

Answers No Answers In: Paragraphs By: [69 Blue Star Level] Feb 17, 2016

Methods of measuring a business

Following are the methods of measuring a business: ▪️ Amount of sales turnover ▪️ Amount of profit ▪️ Capital employed ▪️ Stock market valuation ▪️ Number of employees ▪️...

Answers No Answers In: Paragraphs By: [69 Blue Star Level] Feb 15, 2016

E-Commerce

E-commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the Internet. These business transactions occur...

Answers No Answers In: Articles By: [69 Blue Star Level] Feb 15, 2016

Entrepreneurs

Entrepreneurs occupy a central position in a market economy. Entrepreneurs seek disequilibrium, a gap between the wants and needs of customers and the products and services that are currently available....

Answers No Answers In: Paragraphs By: [69 Blue Star Level] Feb 15, 2016

Joint Ventures

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. In a joint...

Answers No Answers In: Paragraphs By: [69 Blue Star Level] Feb 15, 2016

Franchise Businesses

A franchise is a business system in which private entrepreneurs purchase the rights to open and run a location of a larger company. The franchising company, or franchiser, signs a contractual agreement...

Answers No Answers In: Paragraphs By: [69 Blue Star Level] Feb 15, 2016

Limited Companies

A limited company is an organisation that someone can set up to run their business, it’s responsible in its own right for everything it does and its finances are separate to the owners' personal finances....

Answers No Answers In: Paragraphs By: [69 Blue Star Level] Feb 15, 2016

Business Partnerships

A partnership is a single business where two or more people share ownership. Each partner contributes to all aspects of the business, including money, property, labor or skill. In return, each partner...

Answers No Answers In: Paragraphs By: [69 Blue Star Level] Feb 15, 2016

Problems with Business Growth.

Majorly, the purpose of a business is to gain profit, hence expansion is inevitable. However, while expanding a business might face many problems. Usually, businesses try to expand as quickly as possible,...

Answers No Answers In: Paragraphs By: [75 Blue Star Level] Feb 15, 2016

Ways to Grow a Business

The growth of a business is either internal or external. Internal growth occurs when a business expands its existing operations, however external growth is when a business takes over or merges with another...

Answers No Answers In: Essays By: [75 Blue Star Level] Feb 15, 2016

Sectors Of Business Activity.

A business is divided between three sectors; primary, secondary and tertiary. Each sector deals with a section of a business. The primary sector is smallest one, dealing with the extraction of natural...

Answers No Answers In: Paragraphs By: [75 Blue Star Level] Feb 10, 2016

Needs, Wants, Scarcity

As you probably know, we all have needs and wants. Needs are things we require to live, like water. I'm sure you can live without a Rolex for as long as you live but you can't live without water for more...

Answers 1 Answer In: Articles By: [69 Blue Star Level] Jan 29, 2016

The Purpose Of Business Activity

Basically, as humans we all have needs and wants. Needs are the things we can't live without while desires are things we can live without. We as humans have unlimited wants. Business activity exists to...

Answers No Answers In: Paragraphs By: [69 Blue Star Level] Jan 27, 2016

Should developing countries pay more attention towards education or improving business standards?

Country's fundamental structure stands on its literacy rate, in other means you can say that its education which is the backbone of a country's growth. For developing countries, they should put more efforts...

Answers 1 Answer In: Articles By: [17 Grey Star Level] Apr 19, 2015

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