In the intricate world of supply chain management, companies face a host of challenges. These hurdles can impact efficiency, cost-effectiveness, and customer satisfaction. Let’s explore the key challenges and strategies to overcome them. 1. Meeting Customer Expectations Challenge: Striking the …
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In today’s bustling world of commerce, understanding the fundamental elements of supply chain management is essential for businesses striving for efficiency and success. Let’s embark on a journey through the intricate web of supply chain management, unraveling its core components …
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In today’s fast-paced global market, efficiency and precision are paramount for businesses striving to stay ahead. Supply chain management isn’t just about moving goods from point A to point B—it’s a multifaceted discipline that encompasses everything from sourcing raw materials …
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Credit rating is a numerical assessment of a company’s creditworthiness, measuring the likelihood of it defaulting on its debt. It represents an attempt to estimate the level of risk involved in investing in or lending money to a particular business …
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Walmart’s sales strategy which is based on being competitive in terms of assortment, differentiating with the way people access, leading in terms of price, and delivering an incredible experience with the motto of EDLP (Every Day Low Prices). Walmart’s sales …
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If you are a cricket fan, chances are you have used CrickBuzz at some point to check the latest scores, stats, news and videos of your favourite teams and players. CrickBuzz is the ultimate destination for cricket lovers who want …
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GST, India’s biggest tax reform based on the concept of “one country, one market, one tax”, has finally come into effect. The moment the Indian government has been waiting for 10 years has finally arrived. The single largest indirect tax …
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The entertainment industry has an important role to play in the Indian economy. The industry contributes a major portion to the Indian GDP. Entertainment tax which is sometimes addressed as “amusement tax” is a tax applicable on any form of …
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The full form of CSR is Corporate Social Responsibility. In simple words, it is a law in India for corporates to participate in activities that help upliftment of society or the needy in society. Corporate Social Responsibility has become mandatory …
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The PE ratio (price-to-earnings ratio) of a company is a metric that compares the market price of a stock to its earnings per share. It is helpful to understand how the index is positioned, whether it is overvalued or undervalued. …
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Starting a business requires analytical thinking, determined organization, and detailed record-keeping. And to succeed in business, you need to be flexible and have full proof, well thought and long-term goals. They’ll help your business to focus on both small and …
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In today’s digital world when everything is just a click away, social media platforms have become the most essential method to connect with your customers and to market or advertise your business. Approximately three billion people worldwide are using social …
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Succession planning ensures that a business can run smoothly from one generation to another. Now, the important question; how to create a succession planning strategy, and who should be involved for the succession planning, what are the key points to …
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Running a family business, small business or corporate; at some point in time, it needs succession planning! The succession planning ensures that a company or business always has the right leaders in place and running smoothly from one generation to …
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Having a succession plan is essential to ensure the future operation and success of your small or family business. Every company needs to consider succession planning, it is critical for small and family-owned businesses and should be included in business …
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The cash flow; it is basically the movement of cash and cash equivalents that come in and go out of a company. The cash flow statement measures how well a company manages its cash position, means; how well a company …
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As an owner of a small business, you might have many challenges and among all, money management is one of the biggest sources of struggle. Managing your money effectively is essential because it is the key to business survival. Improper …
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A startup might require funding, especially when they grow larger and scale their operations. Financial investment is needed in a company for product development, manufacturing, expansion, sales and marketing, office spaces, or inventory. As an entrepreneur, you must be clear …
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Entrepreneurs discover opportunities throughout their personal and professional lives. Successful entrepreneurs have a sense of curiosity, they are optimistic and self motivated face new challenges and open to new ideas that allows them to continuously seek new opportunities. There’s no …
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Our society has been male-dominated so far, when it comes to financial matters! With more women joining the workforce today, the world is shifting towards gender equality even in the domain of investments. A woman may take a slightly delayed …
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Planning financial resolutions or financial to-dos will be helpful to maximize your money and save your startup from sinking. It’s not a very easy task for everyone; it requires an honest look at your financial habits, biases, expectations, and cash …
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When you are running your own business; time is the most valued asset. You are in a constant struggle to manage multiple things or increase your productivity. But, the truth is that it develops over time & practice. If you …
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Customer Relationships Management or CRM is a technology for managing all your company’s relationships and interactions with your existing and potential customers. It gives you the ability to streamline workflow within a single app makes everyday work lighter, freeing up …
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