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Inventory and inventory management represent a number of potential profits and losses for a company, starting with the direct revenue from inventory sales. Inventory can also create indirect costs ...
Product pricing can spell the difference between success or failure of a retail apparel business. Charge too little, and you won't make enough to cover your costs. Charge too much, and your ...
Stock markets can be volatile, and the reasons particular stocks rise and fall can be complex. More often than not, stock prices are affected by a number of factors and events, some of which ...
Rumors and gossip in the workplace are a serious problem. They can hurt the organization's reputation, decrease morale and damage productivity. There are many reasons employees may spread rumors ...
Governments establish many regulations and policies that guide businesses. Some rules, like minimum wage, are mandatory, while other policies may influence your business indirectly. Businesses ...
President Coolidge once said the chief business of the American people is business. Indeed, the private sector is the country's chief economic force, but it needs government regulation. The U.S ...
National economies are a mix of consumer, business and government financial activity, with consumer spending the largest driver of the U.S. economy. Consumer spending accounted for approximately ...
The invention and popularization of the internet has introduced a massive wave of changes to business, and in the way the world does business. In fact, the internet made the global marketplace ...
Some companies have made an effort to become more environmentally friendly, also known as "going green." Reasons for going green can include achieving better public relations, tapping into the ...
Information technology plays an important role in delivering value for a business and supporting organizational transformation. To achieve that, chief information officers have become key members ...
During my childhood, one of my dad's yearly rituals was organizing his income tax paperwork on New Year's Day. He would sit at his home office desk, receipts spread out in piles around him, stacks ...
A typical bar owner looks for a gross profit margin that falls in the low 80 percent range. Typically, a bar manager will think about his pour cost, which is the inverse of the gross profit margin.