Strong Work Ethic

Factors That Demonstrate a Strong Work Ethic A strong work ethic is vital to a company achieving its goals. Every employee, from the CEO to entry-level workers, must have a good work ethic to keep the company functioning at its peak. Certain factors come together to create a strong work ethic. Integrity Integrity stretches to […]

Organizational Structure

  Problems Implementing an Organizational Structure When you are trying to implement an organizational structure, you will face problems because initially there is no structure in place. You appreciate the importance of a strong organizational structure when you are working without one and trying to get one functional. Communication Part of the purpose of a […]

Foreign Market

Social or Ethical Issues Companies Face in a Foreign Market When companies operate in their home markets, most of their employees come from areas with the same common culture. Their home market customers share the social and ethical standards of company staff and management to a large degree. This is especially true of small businesses […]

Negative Taxable Income

What Is Negative Taxable Income?   Negative taxable income on a taxpayer’s Internal Revenue Service (IRS) Form 1040 tax return is known as a net operating loss (NOL). Causes A net operating loss for an individual taxpayer usually results from losses incurred in a business entity and then allocated to the taxpayer. Rules in the […]

Operation Managers

Challenges That Face Operation Managers Operation managers play a central role in stabilizing an organization’s policies and procedures across major business areas including finance, planning and technology. Competing Practices Managing the competing business practices within an organization is a major challenge for an operation manager. The finance function of the business may prefer to communicate […]

Organizational Problems

Organizational Problems in the Workplace As organizations continue to diversify, the opportunities for workplace problems intensify. Small business owners and managers typically face one or more of three potential levels of conflict employee, team or organization wide issues. Many businesses compound problems by avoiding communicating a clear chain of command path. Employee Issues Individual employee […]

Selling Strategies

 Effective Selling Strategies Understanding and implementing effective selling strategies is essential for businesses of all sizes. Know Your Product A top selling strategy that’s relevant to any industry, or salesperson, is that you have to know what you’re selling. If you don’t know the features and benefits of the product or service you’re selling, you […]

Marketing Strategy Report

How to Write a Marketing Strategy Report Your report has to address company performance under the subject strategy and whether the strategy has been effective in achieving company objectives. Your analysis of the strategy itself, and of how the company implemented it, presents guidance for future strategic planning. Objectives Your report on your company’s marketing […]