Business Resources

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According to the Citeman Article Repository, group shift is a phenomenon where individual decisions give way to exaggerated group decisions, often in a corporate or working environment. When individuals voice their opinions in a group setting, they move to an extreme rather than maintaining their original level of conviction.

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  • What is an investigative consumer report?

    Q: What is an investigative consumer report?

    A: An investigative consumer report is a complete report on a person's background that shows his lifestyle, character, reputation and personal characteristics. The gathering of this information includes interviewing his friends, neighbors and colleagues. This report is used to make employment decisions during promotion, reassignment, hiring and retention.
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  • How can one set up a call center?

    Q: How can one set up a call center?

    A: 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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  • What is a concept store?

    Q: What is a concept store?

    A: A concept store offers shoppers multiple types of items with one centralized theme. Examples of themes for a concept store are eco-friendly, street and high-end luxury.
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  • What is meant by a sustainable resource?

    Q: What is meant by a sustainable resource?

    A: According to Merriam-Webster, a sustainable resource is one which is used or harvested in such a way that it is not depleted or permanently damaged. Agriculture is an example of a sustainable resource. Proper management of agriculture allows it to provide food and other resources to the population indefinitely.
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  • What is the definition of traditional business?

    Q: What is the definition of traditional business?

    A: A traditional business is typically an organization that is a store, restaurant or agency. These types of businesses offer consumers some kind of service or product.
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  • What are examples of turnkey projects?

    Q: What are examples of turnkey projects?

    A: Examples of turnkey projects include houses, factories, storefronts, churches, aviation hangars and chemical production and other facilities. Turnkey projects denote contracted construction endeavors that, when completed, are ready for occupation, use or sale. New housing construction is a prevalent example of a turnkey project because builders normally finish the project before it is sold.
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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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  • How often are you entitled to take a break at work?

    Q: How often are you entitled to take a break at work?

    A: Employees may or may not be entitled to a break at work depending on where they live. Break periods and mealtimes are not mandated by federal law in the United States, as of 2014. Some states have implemented laws requiring that workers be given certain break periods.
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  • What is needed to start a sandwich shop?

    Q: What is needed to start a sandwich shop?

    A: As with any other kind of business, starting a sandwich shop requires money, resources and the approval of state and/or city officials. The first thing any entrepreneur needs to do before starting a business is to request the appropriate business license and permits.
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  • What is an informal meeting?

    Q: What is an informal meeting?

    A: An informal meeting is any meeting that isn't highly structured and doesn't have a specific length, scope or other rigid component such as minutes. Informal meetings are often impromptu and focus on small problems.
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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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  • 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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  • Why do employers resist unions?

    Q: Why do employers resist unions?

    A: Employers resist unions for a number of reasons, but the biggest reason is that unions force employers to have less control. With a union, workers can organize, gain power, and limit the flexibility of the employer and the rules the employer imposes. Individually, workers can't do much to change the policies of the employer or fight employer abuse, but as unions they can. Employers resist this challenge to their authority.
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  • What is a tender document?

    Q: What is a tender document?

    A: A tender is usually publicly announced to suppliers for the needs of services or products. The tender document contains the necessary application papers and informs of additional information that the suppliers must deliver in order to apply for the tender and enter the selection process.
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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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  • How do you respond to a good performance review?

    Q: How do you respond to a good performance review?

    A: When an employer offers a positive review of past performance, it is a good idea to respond with gratitude. It can be difficult to navigate office protocol surrounding this situation, as many companies maintain strict gift-giving policies. The way in which a person responds to a good performance review often depends upon the relationship with the reviewer.
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  • What is a business solution?

    Q: What is a business solution?

    A: A business solution is a combination of ideas used to help a company achieve its objectives. A business solution comes in terms of marketing, payroll, auditing, accounting market research and analysis, among other essential business activities. Businessmen set up companies to solve specific business problems. They specialize in a given niche depending on the problems in the market. A business problem is a need that a company strives to provide.
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  • What is sale or return basis?

    Q: What is sale or return basis?

    A: Sale or return basis, also known as consignment sale, is an arrangement in which a seller provides goods to a reseller or dealer who pays for the goods only when they are resold. The goods remain property of the original seller until they are paid in full. If the goods are not sold after a certain time period, the dealer reserves the right to return the goods to the seller.
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  • What are environmental constraints?

    Q: What are environmental constraints?

    A: Environmental constraints are any limitations on strategy options due to political, external, competition, social requirements and expectations, cultural or economic factors, technological or legal requirements. A business activity may be constrained (limited) by the environment in which it operates. Businesses need to be constantly conscious of these environmental constraints and how they change with time.
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  • How much should you pay for a business?

    Q: How much should you pay for a business?

    A: As there as many different factors to consider when purchasing a business, there's no fixed or ideal price to pay. Making an offer for a business is an exhaustive process because there's much research needed to be completed before pitching a takeover proposal. Paying for existing businesses can be a safe option because there are fewer risks involved than starting from scratch.
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  • What are reasons why people engage in business?

    Q: What are reasons why people engage in business?

    A: People engage in business for several reasons, but the most compelling reason for many is to earn a substantial income. Entrepreneurs have income limited only by the practical opportunities in the marketplace, as opposed to the salary maximum established by an employer.
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