Business management

  • The Pareto principle works in everything
    Useful information

    The Pareto principle works in everything

    Pareto's Law, known as the 80/20 principle, finds quite successful application not only in life, but also in business.

  • Outsourcing is a trend of modern business
    Useful information

    Outsourcing is a trend of modern business

    Outsourcing is the transfer by the customer company of non-core business processes for servicing by another company specializing in this area.

  • BPM – Business process management
    Business development

    BPM – Business process management

    Business process management is a method by which organizations manage and improve their processes.

  • Management as the art of managing people
    Money and career

    Management as the art of managing people

    Management - management of resources based on the use of planning, motivation, coordination, analysis, organization of available resources to complete the task.

  • Amazon: tech giant’s business strategy
    Advertising and marketing

    Amazon: tech giant’s business strategy

    Amazon is a US-based technology company. It is currently the largest online retailer in the world in terms of revenue and market cap.

  • Alibaba is a successful company with a distinct corporate culture
    Success stories

    Alibaba is a successful company with a distinct corporate culture

    Alibaba was founded in 1999 by teacher Jack Ma, who taught English at school. At the time of his founding, Jack was not rich, but the Chinese believed in the development of the initially fictional site Alibaba.com.

  • Webinar – a method of communication of the present and the future
    Business development

    Webinar – a method of communication of the present and the future

    Webinar - a webinar, derived from the words "Internet" and "seminar", is a video event, presentation, lecture or seminar that is and is held exclusively in the Internet using webinar software and complete with an online audience. They are also sometimes referred to as "webcasts".

  • USP – Unique selling proposition
    Business development

    USP – Unique selling proposition

    Unique Selling Proposition (USP) is what makes your product or service different from the competition and answers the customer's question, "Why should they buy your product?".

  • PESTLE – business planning tool
    Business development

    PESTLE – business planning tool

    PESTLE Analysis (PESTEL) is a strategic business planning or market research tool for small business owners to identify, analyze and monitor the key external factors that affect their business now and in the future.

  • How to create a business account on Instagram
    Advertising and marketing

    How to create a business account on Instagram

    A business account on Instagram is one of the opportunities for an entrepreneur or blogger to increase their profits from working on a social network.

  • ERP – enterprise resource planning
    IT

    ERP – enterprise resource planning

    ERP (Enterprise Resource Planning) is the central element of an enterprise management system that allows you to manage its resources and plan for their optimal use. Today, most organizations need to meet this challenge in a rapidly changing business environment.

  • Offshore – a territory with special business conditions
    Finance

    Offshore – a territory with special business conditions

    Offshore is a country or territory with special business conditions for foreign companies. In such territories, preferential conditions are created to facilitate the management of assets of persons from abroad.

  • KPI – key performance indicators
    Useful information

    KPI – key performance indicators

    Key Performance Indicators is a new business approach in the Russian Federation, although American and European companies have been using it effectively in business for decades.

  • Franchising: business features
    Business development

    Franchising: business features

    The essence of franchising is that a company (franchisor) transfers to an individual or another company (franchisee) the rights to sell its services or product.