Business Resources

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A project proposal is a type of business proposal that delineates the objection of a proposed endeavor together with the steps necessary to accomplish the objective. In addition to identifying an objective and tactics to accomplish the goal, a project proposal sets forth the benefits of pursuing the endeavor.

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  • What are characteristics of mass communication?

    Q: What are characteristics of mass communication?

    A:

    Mass communication sends one message to a mass audience and typically does not allow for interaction between the two. Another key characteristic is that it provides the opportunity to influence society by reaching a large audience.

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  • What are some examples of pure competition?

    Q: What are some examples of pure competition?

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    Examples of pure competition include agricultural markets and the Common Stock Market. In pure competition, product prices are set by market demand, not by sellers.

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  • What are the required breaks for an eight-hour work day?

    Q: What are the required breaks for an eight-hour work day?

    A:

    According to the Houston Chronicle, the U.S. Department of Labor does not enforce an eight-hour workday or mandate specific breaks; it does, however, require payment for breaks shorter than 20 minutes. Nineteen states have laws governing workday breaks, though only seven states enforce eight-hour workday rules, as of 2013.

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  • What is the function of a professional body?

    Q: What is the function of a professional body?

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    The Chartered Quality Institute asserts that the main role of a professional body is to promote and support the particular profession by protecting the interests of the professionals themselves and also protecting the public interest. Some professional bodies such as those that set standards for professional competencies may heavily focus on protecting the public interest. Other professional bodies, such as trade unions, may choose to focus mainly on members' rights.

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  • What are examples of homogeneous products?

    Q: What are examples of homogeneous products?

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    Fruits and vegetables are prime examples of homogeneous substances: many suppliers offer fruits and vegetables for sale, but regardless of company, all brands offer the same end product. Most homogeneous products are very similar in physical composition, as well as quality, and the only real difference between the various manufacturer's products is price. In addition to produce, other types of homogeneous products are cosmetic items such as cotton balls and cotton swabs.

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  • Where can you find sample letters for canceling a business contract?

    Q: Where can you find sample letters for canceling a business contract?

    A:

    A good source of sample letters for canceling a business contract is Docstoc. Docstoc hosts millions of professional documents and a wide selection of quality samples of cancellation letters. At Your Business is another recommended resource for business owners. It offers a large variety of business forms including contract termination sample letters.

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  • What is a good name for a hair salon?

    Q: What is a good name for a hair salon?

    A:

    There is not one specific name that is perfect for a hair salon, however, there are things that can be done to instill confidence in potential clients. The United States Small Business Administration has several guidelines to consider when choosing the name for a business.

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  • What is a presentation package?

    Q: What is a presentation package?

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    A presentation package is a software program that provides the resources necessary to give a professional presentation for meetings, lectures, speeches or other similar situations. Displays often include slideshows, and other customization options that can be tailored to the presenter's specific needs.

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  • How can one set up a call center?

    Q: How can one set up a call center?

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    A call center can be set up by outsourcing the business to another call center or by purchasing call center equipment and hiring and training employees to sell or market the company's product. Many small and corporate businesses prefer to outsource because it is expensive to buy call center equipment, it is expensive and time consuming to hire and train employees, managing a call center requires skills that many business owners do not have and many business owners prefer to focus on running their business rather than managing a call center.

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  • Why is a contract important?

    Q: Why is a contract important?

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    A contract is important because it can be used in the legal system to ensure that both parties of an agreement are equally compensated for their work, goods or money. Contracts are legal agreements that may or may not be written.

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  • What is the importance of planning in management?

    Q: What is the importance of planning in management?

    A:

    In the area of business management, planning allows managers to monitor employee activities to make sure they are focused and productive, helps to manage cash flow and performance and can mitigate potential harm from external factors, such as an economic downturn. As with other aspects of life, having a plan in place sets a framework for proper procedures and provides some amount of predictability. Managers adopt planning tools to set and reach short-term and long-term goals that ultimately help their organizations survive and thrive in the marketplace.

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  • Where can I find free and fun team building games and activities?

    Q: Where can I find free and fun team building games and activities?

    A:

    The Team Building Directory lists many ideas for free and fun team building games and activities. There are several team building exercises listed by the Team Building Directory which are provided by Fresh Tracks, a company that specializes in creating and offering corporate team building and team building development days for some of the biggest companies in Europe.

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  • Where can you purchase security dye packs?

    Q: Where can you purchase security dye packs?

    A:

    Security dye packs can be purchased at designated companies such as NELMAR. The company distributes security packaging items to prevent theft and fraud.

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  • What is the definition of a business opportunity?

    Q: What is the definition of a business opportunity?

    A:

    A business opportunity is a set of tools and information people buy to start a business. Franchises are forms of business opportunities that typically offer extra support. Different states regulate businesses opportunities in different ways.

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  • What are some daily safety tips?

    Q: What are some daily safety tips?

    A:

    The Houston Chronicle's Small Business page offers various workplace safety tips such as keeping a break room area clean and turning off coffee makers and other appliances when not in use. Washing hands and taking home leftover food minimizes the spread of bacteria. Keeping foil away from microwaves is another safety tip. Employees also should try to keep liquids away from computers and other electronic devices as a precaution.

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  • What is a company ethos?

    Q: What is a company ethos?

    A:

    The ethos of a company is its core set of values or operating principles that are used to set the tone for the company's overall operations. In general, the ethos expresses the way that a company wants to behave. Some companies include concepts like environmental awareness or a democratic structure of communication in their overall ethos.

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  • What is the role of the personnel department?

    Q: What is the role of the personnel department?

    A:

    An organization's personnel department handles a variety of critical functions that help meet the needs of business owners, managers and staff. Personnel departments hire and train employees, implement company policies and procedures, handle specific performance issues, determine employee salaries, ensure that fair labor laws are followed, terminate employees and much more.

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  • What is sensitivity training in the workplace?

    Q: What is sensitivity training in the workplace?

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    Sensitivity training in the workplace is a program that helps employees and/or even employers understand how to respectfully interact with their co-workers. Respectful interactions are free of any derogatory name calling, gossiping, racism, sexism, harassment or any other type of bullying or hurtful actions.

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  • Why is international business important?

    Q: Why is international business important?

    A:

    International business is important because it gives domestic companies access to new markets, potentially increasing sales and profitability. Operating internationally can also help a company lower expenses through direct access to cheaper materials and labor.

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  • How do you calculate ending inventory?

    Q: How do you calculate ending inventory?

    A:

    The two methods for calculating ending inventory include the gross profit method and the retail inventory method. The ending inventory is the number of units of inventory that the company on hand at the end of an accounting period. This figure is need for various accounting calculations, including cost of goods sold.

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