Business Resources

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It is not necessary to send a thank-you note to guests who attended an event. However, there is nothing that says it is bad manners to send one.

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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 adult care home requirements?

    Q: What are adult care home requirements?

    A: Adult care home requirements vary from state to state, but the stipulations listed by the North Carolina Assisted Living Association are fairly typical. In terms of building requirements, the North Caroline Division of Health Service Regulation states that in addition to meeting the applicable building codes, adult care homes must also fulfill licensure rules regarding fire safety equipment, entrances, exits, water temperature, lighting, room size, service equipment and room capacity.
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  • Where can you purchase security dye packs?

    Q: Where can you purchase security dye packs?

    A: Security dye packs can be purchased at designated companies such as NELMAR. The company distributes security packaging items to prevent theft and fraud.
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  • What are the advantages and disadvantages of privatization?

    Q: What are the advantages and disadvantages of privatization?

    A: Privatization is advantageous because it improves efficiency and profitability, prevents political interference and increases competition. According to The Guardian, privatization is disadvantageous because it can create private monopolies and a focus on profits rather than public interest in the delivery of essential services, such as healthcare.
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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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  • 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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  • 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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  • 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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  • What is risk management?

    Q: What is risk management?

    A: Risk management is a process used by organizations to identify, assess, manage and prioritize different risks associated with operation. After a risk is identified, the risk manager must develop a plan to minimize or reduce the impact of it. Managers must access and prioritize risks in order to prevent potentially damaging events. Depending on the business or organization, there are specific strategies to manage individual risks.
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  • What is the role of the personnel department?

    Q: What is the role of the personnel department?

    A: An organization's personnel department handles a variety of critical functions that help meet the needs of business owners, managers and staff. Personnel departments hire and train employees, implement company policies and procedures, handle specific performance issues, determine employee salaries, ensure that fair labor laws are followed, terminate employees and much more.
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  • How should you name a pizza shop?

    Q: How should you name a pizza shop?

    A: Naming a pizza parlor is a personal decision, but the names that work the best are memorable or catchy ones. A pizza parlor's name can include the owner's name like "Sam's Pizza," it can describe a feature of the business like "Family Style Pizzeria" or "Hot and Ready Pizza," or it can describe the pizza parlor's location like "Main Street Pizza."
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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 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 is the function of a professional body?

    Q: What is the function of a professional body?

    A: The Chartered Quality Institute asserts that the main role of a professional body is to promote and support the particular profession by protecting the interests of the professionals themselves and also protecting the public interest. Some professional bodies such as those that set standards for professional competencies may heavily focus on protecting the public interest. Other professional bodies, such as trade unions, may choose to focus mainly on members' rights.
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  • How do you organize an annual general meeting?

    Q: How do you organize an annual general meeting?

    A: Every incorporated firm is required to hold an annual general meeting each calendar year. In order to organize a successful annual general meeting you should plan the meeting ahead of time.
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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 does the finance department do?

    Q: What does the finance department do?

    A: The finance department plays a huge role in business because that's where the money is. The finance department knows how much money is needed to pay vendors, secure clients, cover bills and pay employees. This department is also in charge of filing taxes, keeping up with the current value of assets, and knowing how much cash flow the company has at any given time.
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  • What is a POS transaction?

    Q: What is a POS transaction?

    A: A POS or point of sale is the point at which a retail transaction is finalized, usually coinciding with the moment a customer makes a payment in exchange for goods. POS transactions are usually completed using debit or credit cards.
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  • What is business tourism?

    Q: What is business tourism?

    A: Business tourism is the use of travel services, hotel facilities and other amenities by people who are traveling on business. Business tourism is on the increase, and the tourism industry separates business tourism from leisure tourism in an effort to promote the former by offering particular services for business people.
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  • What are the mandatory requirements by the Department of Transportation on a driver's daily log book?

    Q: What are the mandatory requirements by the Department of Transportation on a driver's daily log book?

    A: While there are several mandatory requirements in the driver's daily log book, the one most likely to cause trouble with the Department of Transportation is the driver's hours of service. According to About.com, minor math mistakes can sometimes cause a driver to receive a ticket. Tickets for hours of service violations range from $1,000 to $10,000 per occurrence.
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  • What is the difference between warranty and guarantee?

    Q: What is the difference between warranty and guarantee?

    A: A warranty is a specific type of guarantee. It's defined as a promise to a consumer that a manufacturer will make any repairs or replace defective parts without additional charge during a stated period of time.
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