Business
Writing a business plan: overview and objectives

The business plan is a selling document. It should demonstrate that a business can sell enough of its products or…

Financing Options That You Can Use for Your Business

The issue of financing is a burning topic among entrepreneurs and business owners. With recession being on the rise, business…

Influence of cultural differences when entering a new market

Culture can be defined as a way that an individual behaves in the society he belongs to. It includes the…

Perks of doing business in the 21st century

Doing business in the 21st century is entirely different than what it was twenty years ago. At that time computers…

How to organize successful international business meeting for negotiations

Over the past few years there was a big growth in the number of international meetings. Unfortunately, many of the…

What is an MBA?

The Master of Business Administration (MBA) is a master’s degree in business administration, which attracts people from a wide range…

How to enter a foreign market

Foreign markets can be very attractive to a business looking for new customers, especially when its home market is becoming…

Reasons why outsourcing and global production exists

Global companies place production facilities when costs are lowest. But for some companies costs are only a small part of…

Ford, Honda and global economy of scale

Rising costs and different tastes in car styling made the industry giants to use the global economy of scale. But…

Importance of organizational structure for business

There is absolutely fundamental need in company for a solid structure. Organizational structure concerns who reports to whom in the…