Corporate communications departments play a key role in how investors, employees and the general public perceive a company. They often report directly to a company's chief executive officer and serve ...

Basic and non-basic are the two broad industry categories. Basic industries consist of small and large businesses that sell primarily to external customers. Non-basic industries consist of primarily ...

The term organizational parallel structure has two distinct meanings within the broader topic of business management. The most common meaning relates to a parallel system of learning throughout a ...

Who doesn't love the smell of fresh bread? Is there a better diet-busting indulgence? Probably not. The bakery industry is a huge business that caters to people's weaknesses for tasty breads, cakes, ...

The success of a small business depends on its ability to continually earn profits. Profit equals a company's revenues minus expenses. Earning a profit is important to a small business because ...

Small-business owners are constantly faced with deciding how to finance the operations and growth of their businesses. Do they borrow more money or seek other outside investors? The decisions involve ...

Penetration pricing and price skimming are marketing strategies commonly implemented when companies launch new products or services. Both approaches have worked for businesses, but you have to ...

Employee motivation theories attempt to create models to understand what motivates people to push their performance at work. Savvy managers familiarize themselves with a range of motivational theories ...

A new company's small size may not require a strict organization of work and workers, growth demands order. Organizing tasks and employees produces a company structure. "Mechanistic" describes the ...

In economics, macroeconomics encompasses societal perspective on resource allocation. Microeconomics involves factors of resources availability and usage that impact individuals and businesses. As a ...

Public companies have both shareholders and employees, and must find ways to maximize their value separately. Shareholders are considered partial owners of an organization, although business owners ...

In an organizational structure, "chain of command" refers to a company's hierarchy of reporting relationships – from the bottom to the top of an organization, who must answer to whom. The chain of ...