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Definition of Business Strategy Business Strategy is the craft, art and science of evaluating, formulating and implementing decisions related to cross-functions to help an organization in achievement of its long-term objectives. Business strategy is the process through which an organization’s vision, mission and objectives are specified, plans and policies are developed in terms of programs […]
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Definition of Business Process Reengineering Business Process Reengineering is the redesign and analysis of workflows between and within enterprises in order to automate non-value-added tasks and optimize end-to-end processes. It involves modifications in processes and in structures inside the business environment. In Business Process Reengineering (BPR), the entire organizational, human and technological dimensions may be changed. […]
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A business idea is a unique concept that revolves around creating a product or service , offered to a particular market segment for money ,for the purpose of achieving profitability or financial returns. Description: Generally, developing a business idea is the first step towards creation & propagation of a profitable venture provided that the idea […]
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Business development covers a number of activities & inter-related processes under its umbrella, grouped together for strategic growth of an organization & exploring growth opportunities. The field involves successful implementation & evaluation of these activities. It sets from the field of e-commerce, business studies & organizational behavior. Description: Business development concisely incorporates the idea, successive […]
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Business administration is a field of study that deals with management of a business. & includes wide disciplines with knowledge of how to oversee business operations. Description: Business administration is a broad field that includes & wins successive managerial positions. Business administration has now become a demand from every startup to an MNC, with the […]
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A bull market is a term used for financial market comprising of a collection of securities of expectedly rising prices or that are already being traded on higher prices. Description: The term “bull market” is another name for the stock market but broadly covers all financial instruments that are being traded, like: T-bills, bonds, currencies […]
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A broker is a person or collective firm that performs buy & sell service against a fee or commission for it for an investor. Description of Broker A broker can be an individual or a firm, acting as an agent third party for the customer & offer service for commission fee or simply a licensed […]
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It is a type of forecast in finance that involves preparing an in-depth budget with expenditure calculations & forecasts by the departmental heads. The bottom-up forecast is calculated by the formula: Bottom-up= Operating expense plan- depreciation expense Description A Bottom-up forecast, also termed as “operational expense plan”, as indicated above is a realistic forecasting tool […]
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Definition of Bond A bond is an instrument of debt investment in which investor loans money to governmental or corporate entity, which borrows the funds for the specific time period at fixed or variable interest rate. They are used by sovereign governments, states, companies, and municipalities in order to raise money and finance different […]
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Definition of Beta Beta is the measure of the systematic risk or volatility of the security. It is used in the capital asset pricing model, which calculates the expected return of an asset depends on its beta and expected market returns. Explanation of Beta It is calculated by Regression Analysis, and it can be […]
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