Microsoft Money is an online financial management software program developed by Microsoft. It has many features for tracking expenses, creating budgets, viewing bank account balances and managing money in the bank. Microsoft Money has been available to all users since 1993, although the earlier versions were only available on PCs. This was a major development … Read more
So, what is entrepreneurship? The answer depends on who you ask. As a professor in the business administration department at Harvard Business School, I often hear professors who believe that entrepreneurship is something separate from business itself. It is not as if these people are not interested in the subject. Indeed, they are typically those … Read more
What is corporate governance? The term itself is relatively vague, and the definition can be very difficult to define. However, it is generally accepted that corporate governance encompasses a variety of elements, including policies, procedures, rules, and systems that make up the internal culture of an organisation. Corporate governance refers to the overall system of … Read more
What is comparative advantage? It is the difference between what the nation exports and what it imports. It is also referred to as an economic advantage. Economic comparative advantage refers to the relative advantage that comes from having various resources available to a nation, versus those resources available only to a specific group of people … Read more
What is business analytics? Business analytics is a broad field which drives concrete, data-based changes in an organization. The analytical side requires a high degree of technical expertise and the actual business component requires a solid foundation in computer science and statistics. Analytics is a broader field than its obvious cousin, management analytics, which focuses … Read more
Business administration covers the entire operations of a company, not just the day-to-day activities. It comprises the human resource, day-to-day operations, financial aspects of the company, management, strategic planning, and the company’s overall purpose or mission. What is Business Administration? The business is run through the business manager and has an overall goal which is … Read more
A startup is a company formed to explore a scalable and repeatable business model for starting a business. It’s quite as simple as that, as to what exactly a startup is compared to a traditional small business. As such, the definition of a startup also refers to the business model. Just think about it, the … Read more
What is a business day? This question has been asked many times and the answer to this question is quite simple, a business day is the day of the week when most of the business transactions take place in the United States and when it is the day of the month, a company should open … Read more
The role of a business analyst in organisations has evolved through time to be more than just a financial manager. Business analysts have taken on a much broader role as the roles of the finance officer, business consultant, corporate communications expert, and organisational governance consultant. In this article, I will discuss what a business analyst … Read more
When you want to learn how to start a startup business, there are several steps involved. You need to identify your market, select the company’s products or services, obtain funding, make contacts, set up a working office, and many other things. The following article provides insight into everything you need to know about how to … Read more