The Long Tail: What It Is and How to Use It in Business Does Amazon use long tail strategy? Yes, Amazon does use a long-tail strategy. This strategy is beneficial for Amazon because it allows them to sell a large number of items that may not be in high demand. By catering to niche markets, … Read more
Product life cycle: what it is, stages and examples What is the product life cycle of Nokia? The product life cycle of Nokia can be divided into four main phases: 1) Introduction: This is the phase where the product is first introduced into the market. The main objectives during this phase are to create awareness … Read more
The term “Inside Sales” refers to the process of selling products or services over the phone or internet, as opposed to face-to-face. This type of selling is often used by small businesses that don’t have the resources to support a large sales force. Inside sales can be a very effective way to reach customers, as … Read more
Third-party transactions are those in which a company contracts with another company to provide goods or services to its customers. The most common type of third-party transaction is when a company contracts with another company to provide goods or services to its customers. In this type of arrangement, the company that provides the goods or … Read more
Qualified small business stock (QSBS) is a type of investment in a small business that offers certain tax advantages. QSBS is any stock that meets all of the following criteria: 1. The stock is issued by a qualified small business. 2. The stock is acquired at original issue (directly from the issuing company) in exchange … Read more
The Fair Market Value Purchase Option is a provision in some small business contracts that allows the buyer to purchase the business at fair market value at the end of the contract period. This option is typically used when the buyer is interested in acquiring the business, but does not want to commit to a … Read more
A personal service corporation (PSC) is a type of corporation that provides services that are personal in nature. The term is typically used in the United States to refer to professional service corporations. Professional service corporations are businesses that provide services that require a high level of skill or training, such as legal or accounting … Read more
1. Public Relations (PR): What It Is and What It Does 2. Types of Public Relations (PR) 3. Public Relations (PR) in Practice: Examples Why PR is important? There are many reasons why public relations (PR) is important for small businesses. For one, PR can help raise awareness for your business and help you reach … Read more
. What are the benefits of self-employment? What are the benefits to self-employment? Self-employment has a number of benefits, including: • You are your own boss – This means that you have the freedom to make your own decisions, set your own hours, and work as little or as much as you want. • You … Read more
Cyberslacking is the act of using work time for personal purposes, such as browsing the internet, shopping, or checking social media. It can also refer to using work resources for personal gain, such as printing personal documents or making personal phone calls. Cyberslacking can lead to decreased productivity and can be costly for businesses if … Read more
