STEPS IN DETERMINING BUSINESS HOURSDon't MissHuman Resources by TCB & ASSOCIATES - December 30, 20220 STEPS IN DETERMINING BUSINES HOURS The term “business hours” refers to the “open” and “closed” schedule that every business decides upon for its operations. Small and large businesses adhere to a wide range of business hours, depending on many factors, including target customer expectations and demands, technology, and seasonal fluctuations in
APPRENTICESHIP PROGRAMS AS A GOOD SOURCE OF LABOREditors PickHuman Resources by TCB & ASSOCIATES - December 30, 20220 APPRENTICESHIP PROGRAMS AS A GOOD SOURCE OF LABOR Apprenticeship programs are occupational training programs that combine on-the-job work experience with technical or classroom study. Such programs are designed to develop useful job skills in individuals entering the work force. These programs, which are designed to address the need for better trained
POSITIVE IMPLICATIONS OF CANNIBALIZATIONBusinessDon't Miss by TCB & ASSOCIATES - December 22, 20220 POSITIVE IMPLICATIONS OF CANNIBALIZATION Cannibalization is a phenomenon that results when a firm develops a new product or service that steals business or market share from one of its existing products and services. Thus one product may take sales from another offering in a product line. Although the idea of cannibalization
BUSINESS EXPANSION AND RELATED ISSUESBusinessDon't Miss by TCB & ASSOCIATES - December 20, 20220 BUSINESS EXPANSION AND RELATED ISSUES All successful small business startups eventually face the issue of handling business expansion or growth. Business expansion is a stage of a company’s life that is fraught with both opportunities and perils. On the other hand, business growth often carries with it a corresponding increase in
THE CHANGING ROLES OF EMPLOYEES IN A BOUNDARYLESS ORGANIZATIONBusinessEditors Pick by TCB & ASSOCIATES - December 15, 20220 THE CHANGING ROLES OF EMPLOYEES IN A BOUNDARYLESS ORGANIZATION The term “boundaryless” has come to describe a business organization of today and the future as well as its employees. A boundaryless organization is the opposite of bureaucracy with numerous barriers and divisions. In contrast, the organization without boundaries offers interaction and
WHY “ANGEL” INVESTORS ARE GOOD FOR BUSINESSBusinessEditors Pick by Bernard Taiwo - December 13, 2022December 15, 20220 WHY “ANGEL” INVESTORS ARE GOOD FOR BUSINESS Angel investors are wealthy individuals who provide capital to help entrepreneurs and small businesses succeed. They are known a “angels’ because they often invest in risky, unproven business ventures for which other sources of funds - such as bank loans and formal venture capital
HOW A COMPANY’S RESOURCES CAN BE ALLOCATED IN A WAY CONSISTENT WITH ITS MARKETING OBJECTIVES (PART 2)Editors PickMarketing by TCB & ASSOCIATES - December 8, 2022December 15, 20220 HOW A COMPANY’S RESOURCES CAN BE ALLOCATED IN A WAY CONSISTENT WITH ITS MARKETING OBJECTIVES (PART 2) Companies that achieve total market domination have all of the resources, including the personnel, the products, and the vision that are necessary to develop a world-class business. And they have a detailed step-by-step plan
HOW A COMPANY’S RESOURCES CAN BE ALLOCATED IN A WAY CONSISTENT WITH ITS MARKETING OBJECTIVES (PART 1)Editors PickMarketing by Bernard Taiwo - December 6, 2022December 15, 20220 HOW A COMPANY’S RESOURCES CAN BE ALLOCATED IN A WAY CONSISTENT WITH ITS MARKETING OBJECTIVES (PART 1) Companies that achieve total market domination have all of the resources, including the personnel, the products, and the vision that are necessary to develop a world-class business. And they have a detailed step-by-step plan
WHAT FACTORS DRIVE CUSTOMERS’ PURCHASING POWER? (PART 2)Editors PickMarketing by TCB & ASSOCIATES - December 1, 20220 WHAT FACTORS DRIVE CUSTOMERS’ PURCHASING POWER? (PART 2) Many companies make the mistake of thinking their customers make purchase decisions based on one or two purchase factors that they think are key purchase criteria, such as price or product availability. But this is rarely the case. Customers usually base their purchase
WHAT FACTORS DRIVE CUSTOMERS’ PURCHASING POWER? (PART 1)Don't MissManagement by Bernard Taiwo - November 29, 2022December 15, 20220 WHAT FACTORS DRIVE CUSTOMERS’ PURCHASING POWER? (PART 1) Many companies make the mistake of thinking their customers make purchase decisions based on one or two purchase factors that they think are key purchase criteria, such as price or product availability. But this is rarely the case. Customers usually base their purchase