What is a corporation? (Definition, explanation, advantages, disadvantage, and more)
Definition: The corporation is a business structure that is separate from its owners. In the eyes of the law, the corporation is a separate legal … Read more
Management
Comparison between EAM and ERP system
EAM and ERP are sophisticated resource management systems. As the business world is highly dynamic and requires active monitoring of the business processes to survive … Read more
5 Effective Inventory management Strategies
Inventory management is crucial for the successful run of a business as it helps to control the cost and enhance profitability. Further, efficient management of … Read more
The balanced scorecard (Best metric to determine performance)
The balanced scorecard is a performance metric in strategic management. It helps companies to set their direction and communicate to employees what’s valued in the … Read more