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Most Attention-Grabbing Colors. The most attention-grabbing colors are warm colors, such as red, yellow or orange. Businesspeople need to use attention-grabbing colors, not only for their products ...
What Are the Benefits of Making a Profit?. 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 ...
Four Different Types of Business Attire. When you first enter or are in the business world, you must know how to dress appropriately for any given situation. What you wear for an interview or ...
How Consumer Behavior Influences an Organization. To effectively sell a product or service, organizations have to know how consumers behave with regard to what they buy. The study of consumer ...
Shareholders vs. Employees. Public companies have both shareholders and employees, and must find ways to maximize their value separately. Shareholders are considered partial owners of an ...
Importance of Incentive Plans. Incentive plans are formalized approaches to offering recognition and reward to employees for meeting pre-established goals or objectives. Incentives may include ...
Honesty is a key characteristic of a business because it sets the tone for the kind of work culture that you want to create, provides consistency in workplace behavior, and builds loyalty and ...
Communication Problems When Outsourcing. Companies across the U.S. grapple with the need to consider offshore outsourcing as a cost containment measure. New trends can bring some processes back to ...
What Is Workplace Intimidation?. Workplace intimidation, also known as workplace bullying, occurs when a superior, peer or subordinate uses violence or blackmail to manipulate you or intentionally ...
Five Attitudes That Are Important in Workplaces. It may seem as if skills and experience are the most important characteristics of an employee, but attitude plays just as big of a role. After all ...
The seven internal control procedures are separation of duties, access controls, physical audits, standardized documentation, trial balances, periodic reconciliations, and approval authority.
The Importance of a Good Organizational Structure. Businesses require structure to grow and be profitable. Designing an organization structure helps top management identify talent that needs to be ...