Competitive advantage is a critical concept. It is what allows companies to succeed in competitive markets and generate profits for their shareholders.
Posts published in “INTERNAL ENVIRONMENT”
In business management, Triple Bottom Line is an accounting framework with three parts: social, environmental (or ecological) and economic.
There are many different forms of business corruption that exist in the corporate world these days. Let’s take a look at differences in them in this post.
This article introduces basic considerations about corruption in business and corporate ethics. Corruption is misuse of power for private benefit or advantage.
Anticompetitive practices are illegal attempts by businesses to interfere with market forces – abuse of free market powers.
Overall, it is important to find the right balance between ethics and profit because the business has long-term interests of acting ethically.
When it comes to buying products, I take ethics and business ethics very seriously into consideration.
A business is sustainable when it contributes towards the economic growth of the country making profits while obeying the law, being ethical and environmentally friendly.
Some businesses are more environmentally friendly than other businesses.
An environmental audit evaluates the impact of business’s activities on the natural environment.
It is worth noting that the potential opportunities for technological applications in a business are increasing almost daily.
Technology is introduced to businesses mainly in the form of machinery and processes involving information technology (IT).
The SWOT Analysis is a simple effective business decision-making tool to assess the internal and external business environment.
Inevitable changes in the internal and external business environments bring both threats and opportunities to businesses.