EconGuru Economics Guide RSS Syndication

Get published on EconGuru.com. Start here!

© Copyright 2006 - 2011 EconGuru.com. All rights reserved. Assets marked and linked to the original sources are hereby used for educational purposes only and are copyrighted by their respective owners.

Subscribe to EconGuru.

Top 5 Best Business Marketing Books Reviewed

Business marketing refers to the process by which goods or services get to the customer.  This is an important topic which is why there have been many books written on the subject. Some people will learn about this subject while studying for an academic qualification such as an MBA. It is also valuable information for those who are actually involved in business marketing. Here are just the top 5 best business marketing books reviewed.

Read the rest of this entry »

What is a 501(c)3?

Not all corporations are created to make profit. There are some enterprises where the main goal is to provide some type of service to the public. This type of organization will use a 501(c)3 to set themselves up as a charity.  Once an entity has this 501(c)3 it means that they are then exempt from most federal income taxes. In order to become eligible for such status the organization will have to meet certain criteria set down in law. Once this status has been granted it means that the organization is a legal entity responsible to the public.

Read the rest of this entry »

What is a Just In Time Inventory?

All businesses will work hard to keep their costs to a minimum. There is usually savings to be made in every aspect of an operation and one of areas where there will be interest in making savings will be the inventory process. Just in Time (JIT) inventory is all about managing the inventory process so that costs are kept to a bare minimum and that everything occurs as efficiently as possible. JIT is about looking for any wastage and removing this where possible. The overall goal is to get the highest possible return on the money invested in inventory.

Read the rest of this entry »

What is Strategic Human Resource Management?

Humans are the most important resource that a company can have. In order for a business to be successful it is vital that the right people are doing the right job. Deciding which people are the right ones for the job takes a lot of skill and expertise. This is why there is a growing demand for strategic human resource management. Having the best people in a team will give a company an edge of their competitors.

Read the rest of this entry »

What is a Cost Structure?

When a business manufactures a product or creates a service there will always be certain costs involved. The nature of these costs will depend on the exact product or service being offered. Cost structure refers to the way that all the different costs are distributed throughout the process of creating a good or service. It will include such things as paying for the resources needed to make the product and other costs such as labor and electricity. The money spent marketing and delivering the item will also be included in this too.

Read the rest of this entry »

Top 5 Best Business Strategy Books Reviewed

Business strategy involves the steps a company will take to reach their goals and usually involves three main elements; analysis, integration, and implementation. Getting the right business strategy is vital because success will often depend on this. Luckily there are plenty of knowledgeable experts out there who are willing to share their knowledge. Here are (in our opinion) the top 5 best business strategy books reviewed.

Read the rest of this entry »

Top 5 Best International Business Books Reviewed

International business has become increasingly important as more companies attempt to become global entities. It does feel like the world has become a lot smaller in the last few decades with the rise of multinationals and improved communications technology. There is a lot of interest in international business and there have been some good books written to satisfy this curiosity. Here are what we think are the top 5 best international business books reviewed.

Read the rest of this entry »

What Is Business Research?

In order to make the best decisions it is necessary to have good information. Without the right information the decision making process can be a bit like firing darts in the dark; hitting the target will become just a matter of luck. In business millions or possibly billions of dollars can be lost if the wrong decisions are made. This is why it just would not be acceptable to rely on guess work. One of the best ways to get appropriate information is to rely on business research.

Read the rest of this entry »

EconGuru Economics Guide

Educating the public since 2006.