Business Essentials
Without strong fundamental elements like structure and plan, a business will never move from concept to successful real-world organization.
Business essentials include all of the elements that contribute to the success or failure of a business. Learn about business plans, models, and the fundamentals that are key to success.
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How Much Did Marginalized Inventors Add to the Industrial Revolution?
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Retention of Title (ROT) Clause
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The Economic Impact of a Hybrid Office
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The Impact of Working a 4-Day Week
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Hybrid Office
Explore Business Essentials
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History and Meaning of International Workers' Day (Labor Day)
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Why Silicon Valley Companies Are Moving to Texas
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The 10 Biggest Strikes In U.S. History
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Absolute vs. Comparative Advantage: What’s the Difference?
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Agency Theory: Definition, Examples of Relationships, and Disputes
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What Is a Commission in Financial Services?
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Economies of Scale: What Are They and How Are They Used?
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What Is an Expense?
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Why a Green-Field Investment Appeals to Companies
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Interest Rates: Different Types and What They Mean to Borrowers
Understanding Intermediate Goods
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Liability Definition
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Limited Liability Definition: How It Works in Corporations and Businesses
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Perfect Competition: Examples and How It Works
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Transaction
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What Is the Difference Between CIF and FOB?
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Affiliates: Everything You Need to Know
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Brick and Mortar Stores
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Code of Ethics: Understanding Its Types, Uses Through Examples
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Core Competencies
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Corporate Culture Definition: Characteristics and Importance Explained
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Good Customer Service Matters
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Ex Works (EXW) Defined, Pros and Cons, Plus More Incoterms
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Feasibility Study
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The 4 Ps of Marketing and How to Use Them in Your Strategy
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Internal Controls Definition, Types, and Importance
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How to Use Interpersonal Skills to Get and Keep a Job
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Lead Time: Definition, How it Works, and Example
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Management by Objectives (MBO): Learn Its 5 Steps, Pros and Cons
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Reading Into the Manufacturer's Suggested Retail Price (MSRP)
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Market Share: What It Is and the Formula for Calculating It
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Non-Disclosure Agreement (NDA) Explained, With Pros & Cons
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Opportunity Cost Formula, Calculation, and What It Can Tell You
Outsourcing: How It Works in Business, With Examples
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Payment-in-Kind (PIK): What It Is, How It Works, Pros and Cons
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What Is Price Discrimination?
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Quasi Contract: Definition, Example, and Requirements
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Research and Development (R&D) Definition, Types, and Importance
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RFP: What a Request for Proposal Is, Requirements, and a Sample
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Social Responsibility in Business: Meaning, Types, Examples, and Criticism
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Understanding Standardization
What Is Total Quality Management?
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Value-Added Product: What It Means in Industry and Marketing
Value Chain: Definition, Model, Analysis, and Example
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Value Proposition: How to Write It with Examples
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Should a Company Issue Debt or Equity?
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Present Value vs. Net Present Value: What's the Difference?
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How Do Modern Corporations Deal With Agency Problems?
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Brownfield Investment
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What You Should Know About Credit Enhancement
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Incoterms Definition
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What Is an Operating Lease?
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Understanding Proxy Fights
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Enterprise Risk Management (ERM): What Is It and How It Works
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Identifying and Managing Business Risks
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Defining the FIG at an Investment Bank
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Articles of Association Definition and Example in Small Business
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What Is Attrition in Business?
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What Is a Balanced Scorecard (BSC), How Is it Used in Business?
How Brown Bag Meetings Work