Category: Startups
Business Ethics Definition, Importance and Conceptual Framework
Ethics Definition Morality means temperament, habitual behaviour, and attitude. Sometimes it is described as a state or behaviour, and sometimes it refers to systematic knowledge. In the latter application, ethics is a science that discusses good and bad. Ethics has always been of great importance in human relationships. Also, in management, this internal mechanism can […]
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Asset Depreciation Expenses and How to Calculate It
The Concept of Depreciation Depreciation measures the durability of a fixed asset and refers to the ongoing decline in its quality, quantity, or value. In fact, over time, the efficiency of fixed assets that are constantly used in business will decrease. Therefore, depreciation can be considered a kind of price reduction even if the product […]
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What Are Investment Fund Types and Definition?
Financial freedom is one of the goals that investors pursue. Achieving this freedom requires information about a variety of investment methods so that you can both maintain the value of our assets and take steps to grow them. According to Jeff Rohde, it’s all about how much money you keep, not how much you make. […]
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22 Steps to Starting a Personal Business
If you always work as an employee, you are just a means to improve other businesses. “If you do not have goals of your own, you are doomed forever to work to achieve the goal of someone else.” Brian Tracy So, you need to think about starting your own business instead of wasting your time […]
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Five Main Business Model Patterns in Simple Language
In previous articles, we discussed business models and how they differ from business plans. This article examines the primary business model patterns. Every business needs a specific model to run. Making a new model from scratch not only takes a lot of effort but is a waste of time because of the commonalities that exist […]
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Strategy Definition, History, Types of Business Strategies Based on Miles and Oslo Typology
If we want to provide a complete description of the strategy, we must first introduce its concept. Strategy, in its broadest sense, is the means by which people or organizations achieve their goals. Many books and articles in this field offer different definitions of the word strategy. The common denominator of all strategy descriptions is […]
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A New Approach To Categorizing business Types
If you are looking for a job or are thinking of starting a business, you should be familiar with different types of business in the first place. Today, the world of economics has provided a wide variety of job opportunities that sometimes make it “somewhat difficult to choose the best and most suitable option for […]
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Strategic Marketing Planning and How to Formulate It
This article will introduce strategic marketing management and strategic marketing planning. A basic concept in business that gives long-term insight to the business marketing to establish their competitive advantage in the market. Strategic marketing management and planning is a powerful tool for marketing managers and helps them achieve their goals. In the following, we will […]
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Mental Model and Its Role in Strategic Management and Decision Making
This article will define the different types of mental models. It also examine their role in the decision-making of managers and organizations. Finally, we will discuss some practical and objective examples of mental models of famous companies around the world. An Introduction to The Mental Models Although mental models are intrinsically invisible, individuals can share […]
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7 Tips in Startup Management That Will Save You!
7 Tips in Startup Management That Will Save You! When it comes to the word “startup,” you may remember the famous apps, programs, and websites that rely on technology and have earned a lot of money. But in fact, the primary meaning of startup is much broader than technology-based businesses. In management science, any new […]
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