Customer relationship management (CRM) helps businesses build customer loyalty, but it can be a costly resource. Marketing Weekly says that when used properly, CRM is invaluable to businesses, but without proper training... More »

For free workplace safety signs, the Occupational Safety and Health Administration is a good resource for businesses. OSHA, a division managed by the United States Department of Labor, has a sign for all companies called... More »

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Primary data is information collected personally, for a specific purpose. It includes things like surveys, questionnaires and first-hand accounts of an event. It's known for its accuracy and for costing more than seconda... More »

International trade lowers the cost of products through competitive advantages, but it can lead to harm for communities and nations. Workers in developed nations are sometimes replaced by counterpart in developing nation... More »

Some advantages of the division of labor include increased worker efficiency and lower production costs, while some disadvantages include decreases in employee motivation and individual workers slowing the production pro... More »

Unethical and ethical business practices can both make money legally, but while ethical business can be more difficult to conduct it also builds longer-lasting customer relationships and constructs recognized and respect... More »

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... More »