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By a business successfully identifying a gap in the market this allows for the market to be segmented and for an organisation to correctly position themselves against rival competitors. Therefore, this re...

For a long time, the richest men and women in the world have mainly been entrepreneurs and if business is that rewarding, why doesn't everyone just do it? This thought has come to many of us who are study...

Cashflow is the movement of money in and out of the business. Cash inflows mostly comes from the money that the business earns from selling goods or services. Cash outflows are all its payments, whi...

Netnography, a term coined by Kozinets, refers to the monitoring of online communities as opposed to physical communities (ethnography). Netnography offers insight into the workings of online chatrooms, f...

Delayering is the process of removing hierarchical layers from an organisation. This process tends to lead to a wider span of control for managers which may provide some motivational stimulus as they perc...