Managerial accounting is used by a company's managers to help in planning and implementing day-to-day operations. According to Accounting in Focus, managerial accounting is used in businesses such ...

Product pricing can spell the difference between success or failure of a retail apparel business. Charge too little, and you won't make enough to cover your costs. Charge too much, and your ...

Most profitable corporations point out their successes to proper management of their human resources (HR). This is also true for small businesses, and because small companies lack the financial ...

Governments establish many regulations and policies that guide businesses. Some rules, like minimum wage, are mandatory, while other policies may influence your business indirectly. Businesses ...

National economies are a mix of consumer, business and government financial activity, with consumer spending the largest driver of the U.S. economy. Consumer spending accounted for approximately ...

President Coolidge once said the chief business of the American people is business. Indeed, the private sector is the country's chief economic force, but it needs government regulation. The U.S ...

When markets in foreign countries offer a higher profit potential than your home market, it makes sense to expand internationally. As you prepare your expansion and research target markets in ...

The invention and popularization of the internet has introduced a massive wave of changes to business, and in the way the world does business. In fact, the internet made the global marketplace ...

For many business owners, it would be impossible to imagine running a company without the internet. Yet for others, the possibilities it presents are anything but obvious. Just a few years ago ...

Some companies have made an effort to become more environmentally friendly, also known as "going green." Reasons for going green can include achieving better public relations, tapping into the ...

To understand the benefits of a business going green we must first understand what that term means. When a company makes a concerted effort to reduce its negative environmental impact that is ...

Strategic adaptability is a planned ability to react effectively when business and environmental factors change unexpectedly. Many companies do a good job planning how to operate when things work ...