What is Product and Service Management?

What is Product and service

In this article we learn about what is product and service management. Product and service management form the backbone of modern business operations, playing a pivotal role in shaping a company’s success. At its core, product and service management involves the strategic oversight of offerings, whether tangible goods or intangible services, to meet customer needs … Read more

Navigating the Product Life Cycle: A Comprehensive Explanation in 2024

Product Life Cycle

Product Life Cycle The Product Life Cycle is a fundamental concept in marketing that describes the stages a product goes through from when it first enters the market until it is removed from the market. The stages typically include introduction, growth, maturity, and decline. A product has a life of its own and goes through … Read more

Corporate Efforts to Promote Diversity

Corporate Efforts to Promote Diversity

Corporate Efforts to Promote Diversity: The New Millennium Paradigm According to the new millennium paradigm of diversity management, it is the conscious process of welcoming, embracing and managing different types of people in business in order to achieve competitive advantage through creativity, better use of talents, better understanding of the marketplace, better teamwork, and reducing … Read more

What Types of government intervention in the business

What Types of government intervention in the business

Government Intervention Government intervention is one of the major factors that influences how a business behaves in a society. Government intervention is necessary to overcome the shortcomings of corporate self-regulation. After all, government intervention through appropriate policies, regulations and other practices is a response to poor social and environmental business practices. Petersen and Jeppesen (2015) … Read more

What are the Forces Shaping Business and Society Relationships important for your Business?

What are the Forces Shaping Business and Society Relationship

Welcome to our blog post on “Forces Shaping Business and Society Relationship.” In this discussion, we will explore the dynamic interplay between businesses and society, and examine the various factors that influence their relationship. Whether you are a business professional, a social advocate, or simply curious about the evolving dynamics of corporate responsibility, this article … Read more

Understand the Different Types of Inflation and How to Avoid Them

Understand the Different Types of Inflation and How to Avoid Them

Understand the Different Types of Inflation and How to Avoid Them ‍ When it comes to money, we all want more of it. However, the problem is that many things can take away from our money. There are so many things that can reduce our money that most people have heard of at least one … Read more

What Formula Calculating Internal Rate Return IRR Excel

What Formula Calculating Internal Rate Return IRR Excel

What Formula Calculating Internal Rate Return IRR Excel If you invest in the stock market, you want to choose the companies that will give you the biggest return on your investment. Some investors avoid stocks with high risk, but if you’re ready to take a gamble and go for potential big payoffs, then investing in … Read more

Top New Difference Between Finance and Accounting

Difference Between Finance and Accounting

Difference Between Finance and Accounting ‍ Accounting and finance are two of the most important fields in business. Both involve analyzing data, making spreadsheets, and crunching numbers. However, they are also very different. Accounting is a general term that refers to recording financial transactions and reporting those transactions to relevant parties (e.g., auditors or shareholders). … Read more