What is International Banking? International Banking, also called Cross-Border Banking, is the name acquired by financial institutions that promote or encourage the use of their products by foreign clients. In other words, International Banking allows foreign customers, both companies and individuals or individuals, to use its services with exceptional and flexibility in requirements, taxes, fees. … Read more
A powerful tool for situational analysis and strategic approach is the SWOT analysis also known as SWOT Matrix, SWOT analysis. The SWOT analysis has reached nearly half a century of successful application in various fields both academic and business. Widely used under the managerial approach of situational diagnosis and strategic analysis along with other tools … Read more
Adults Starbucks’ primary target market is men and women ages 25 to 40. They account for nearly half (49 percent) of its total business. Starbucks appeals to this age group of consumers through contemporary design that is consistent in its advertising and decor, and works to keep its current products as status symbols. Clients tend … Read more
EMS is the acronym for Express Mail Service or Express Mail Service . The international postal service for both documents and merchandise. EMS is a type of international shipping service in which we work with the postal service of each participating country to deliver international or domestic packages. We must remember that the postal service … Read more
The radio spot, ad or wedge, are powerful words or catchy jingles that take as much attention as possible from consumers. The radio script is one of the essential tools of the advertising announcer, and it should always be extended for a short time, from fifteen to thirty seconds, in which all the basic information … Read more
A competitive salary ensures that a worker is paid at market rates on a job. Several criteria are taken into consideration when mentioning a competitive salary. Criteria include what workers in the same company do, cost of living adjustments, cost of workers in related industries, hours worked, and mandatory training requirements. Company comparison A competitive … Read more
A non-profit organization is formed for the public good. Non-profit organizations are usually formed for religious, charitable, or educational purposes. Instead, Profit organizations can be formed to conduct a variety of legal businesses. The main reason for forming a for-profit organization is to make a profit for the owners of the company. Use of earnings … Read more
A cooperative is a business or housing development that is owned by its members. These members have the responsibility to vote for other members, even if the company is still publicly traded. If you are considering joining or starting a cooperative, it is important to consider the advantages and disadvantages before doing so. Advantage: Cost … Read more
The hierarchical structure is a type of organizational structure that defines the chain of command in a company in hierarchy levels. It is proven, through theories of organizational behavior, that the more levels the hierarchical structures have, that is, the more pyramidal it is, the more bureaucratic, slow, inflexible and heavy the company becomes. In … Read more
The objective is defined as a goal to be achieved for which certain means and resources are available. Generally, the achievement of an objective implies the overcoming of obstacles of greater or lesser magnitude. When we talk about the objectives of a project, we refer to the ends to which the activities that must be … Read more
Little Caesars Pizza is a franchise business founded in the Detroit metropolitan area in 1959. Since its inception, it was known for its original flavors and incomparable offerings. It started its franchise scheme in the United States just three years after its foundation, in 1962. Today it is an internationally positioned brand with a presence … Read more
The advertising strategies and promotion are essential tools for any organization wishing to keep or grow in the market. There are different options when you are planning an advertising campaign, print advertising represents one of the best means of dissemination. The benefits of advertising for any organization, regardless of its size, large or growing are … Read more
The caterers provide food for parties, events and public or private institutions. They can serve meals for up to 500 people in a banquet hall or deliver lunches for a small business meeting. For this reason, you should know what the definition of a banquet service is, so that at the next meeting you will … Read more
Many predicted with a good margin of approximation the impact of the digital and technological age, especially in the corporate sphere. Today it seems that we are living in a science fiction movie. We interact with smart screens in a variety of devices, we chat instantly with professionals from all nations, we give orders to … Read more
Performance measurement is how organizations, public and private, measure the quality of their activities and services. An influential 1982 book, “In Search of Excellence,” sparked interest in performance measurement. Since then, business, government and other organizations have tried to measure the degree to which the organization’s objectives are being achieved. Performance measurement may sound simple, … Read more
The marriage is for many an event unparalleled in their lives; a union between two people who are committed to spending their lives as a couple. In the vast majority of modern countries and cultures the marriage union takes place, both in a legal and religious context. And usually marriage ceremonies are held in a … Read more
The structure of an advertising agency can vary, depending on the type of clients it has. There is a general organizational structure for a traditional advertising agency, however. An established agency contains five different departments: account management, account planning, creative planning, media planning, and human resources. The five departments are divided into focused departments with … Read more
According to the Business Dictionary, capital expenditures are expenses incurred to acquire or upgrade productive assets. These assets can include buildings, equipment, vehicles, and machinery. The purpose of a capital expenditure is to increase the productivity of a company for more than one accounting period. Upgrades and repairs Real estate, computers, and vehicles are items … Read more
A leader is a person who leads others, whether in a team, in a work situation, at school or in any situation where there are certain goals to be achieved. A leader is a person who leads a group and is able to inspire others to achieve a common goal. Leaders broadly can be classified … Read more
Newsletters are publications that usually offer short news and usually specialize in a specific topic. They are popular means of communication for organizations, from social clubs to companies, that use them to keep employees informed about company news. While the topics that are good for each newsletter may be subjective, some topics appear to be … Read more
All organizations have to make daily decisions that vary from their strategy to how to function naturally. However, there is a great difference between centralized and decentralized organizations, which you can learn about in the following informative post. The way these decisions are made is governed by whether the organization is centralized or decentralized. Also, … Read more
With globalization and the competition that exists in international markets, the commitment of companies for quality and efficiency is essential for the conquest of their market share. In addition, any organization with an operating structure that is not focused on quality will be exposed to high costs that affect its benefits.In this sense, complying with … Read more
The process of recording information in books is an essential part of accounting. Credits, which represent income on your balance sheet, and debits, which represent deductions, generate all transactions that are recorded in the books. Regardless of whether accounting is traditionally carried out by the double entry method or if it is carried out through … Read more
Analyzing the factors that affect a company or its economic environment is what they call PESTLE Analysis in strategic business management. The PESTLE or PESTEL analysis is an acronym in English for the terms Political, Economic, Social, Technological, Legal and Environmental (Environmental in English) which are the series of macro or external factors that affect … Read more
The economy as a science that studies the factors of production, wealth creation, distribution and consumption of goods and services to satisfy human needs, is the basis for management, the finance and accounting. The economy is the science that studies the distribution of limited resources, thus “studies scarcity” its relationship with the administration of resources … Read more
If you’ve ever wondered what is a shopping budget ? You should know that it is a tool in charge of providing help to industrial and commercial companies. Its main function is to make a financial or quantitative calculation of each of the products that the business handles or needs. In this way, any production … Read more
In many parts of the Western world, particularly the United States, certain types of information such as a person’s date of birth, address, and residence are public documents. You yourself can know how to find out someone’s date of birth for free in a quick and easy way. This means that anyone who is conducting … Read more
No matter how attractive and profitable an investment or investment project may look, one question that will surely come back in the minds of investors is how long will the capital invested recover? Payback, investment recovery period or PRI is a financial indicator that answers that question. The payback may or may not recognize the … Read more
Whenever a correspondence is sent, be it a letter, email or fax, it will be necessary to correctly specify the recipient. There are some rules for labeling envelopes and filling in the mailing address that must be followed to ensure that the correspondence will be received by the correct person. By using the abbreviation of … Read more
Whether it is a global corporation listed on the stock exchange or it is a more modest one-owner firm, any type of business will have in common that they require the preparation and presentation of such basic financial statements. With due knowledge of the elements of a balance sheet you will be able to know … Read more