Category: Business Development
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The 5 Determinants of Demand: What Drives Consumer Behavior?
Demand is the quantity of a good or service people want to buy at a given price. If you are in business development, sales, marketing, and other related areas, understanding the shifters of demand is one of your most important success factors. In this article, we will discuss the five determinants of demand and how […]
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The Poison Pill: What Is It and How Does It Work?
A poison pill is a defense strategy companies use to discourage potential buyers from making a hostile takeover bid. There are different types of poison pill strategies, like the flip over, flip in, etc. This article will discuss what a poison pill is, the different types, how it works, and also answer some of the […]
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What is a Hostile Takeover and How Does It Work
A hostile acquisition is an attempt by one company to take over another company against the will of the target company’s board of directors. This article will cover everything you need to know about hostile takeovers: what they are, how they work, and what it means for individual investors. What is a Hostile Takeover? The […]
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Family-Style Restaurant – Business Concept
What is family-style dining in a family-style restaurant? What do the family-style service and family-style menu look like? These are all questions that we will answer in this article. Family-style restaurants have been on the rise lately, and for a good reason! They offer a unique dining experience that you can’t find at other types […]
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What Is a Venture Capitalist (VC)? Definitions, Examples, and Functions
When starting or growing a business, one of the critical decisions you will need is what type of financing to pursue. Many options are available, but two of the most common are venture capital and angel investing. So what is the difference between these two? This article will explore the definition of a Venture Capitalist […]
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Leadership Definition, Examples, Traits, Types, and More
What does leadership mean? There is no single right answer to this question. Leadership can be defined in many ways, and what it means to you may be different from what it means to someone else. However, some key characteristics are common to all leaders. This article will discuss what leadership is, how it works, […]
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Entrepreneur Definition, Characteristics, Types, and More
What is an entrepreneur? This is a question that many people have asked, and there is no one answer to it. The definition can vary depending on who you ask. However, some general characteristics are common among most of them. This article will discuss what an entrepreneur is, how they work, common traits, different types […]
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Point-of-Purchase (PoP) Displays – All You Need to Know
Point-of-purchase displays, or PoP displays, are essential for any retail business. They are designed to attract customers and increase sales. This article will cover everything you need to know about PoP displays. We will define what they are, how they work, and the available different types. By the end of this article, you will better […]
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How to Prepare a Master Budget with All Components?
A master budget is an essential tool for financial planning. It is a detailed plan that shows all anticipated income and expenses for a specific period. The master budget can be used for organizations of any size, from small businesses to large corporations. There are many benefits to using a master budget. In this article, […]
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How to Determine Payment Period & Payroll Cycle?
One of the most important decisions you’ll make is how often employees are paid when it comes to payroll. This decision will be based on several factors, including employment laws and your business’ payment schedule. In this article, we’ll discuss the payment period, payroll cycle, and other related topics. We’ll also provide some tips for […]
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Resistance to Change: Types, Causes, & How to Minimize
Resistance to change is a natural human reaction to anything new. It can be seen at an individual level (resistance to personal change) or at an organizational level (resistance to change in work). As a manager, you need to understand resistance to change and know how to minimize it to achieve the organization’s objectives. In […]
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Everything You Need to Know for Working in Partnership
Do you have what it takes to be a working partner? A partnership is a standard business relationship that can offer many benefits to both parties. But before you decide to join an existing partnership or form your own, there are some things you need to know. This article will cover everything you need to […]