BUSINESS
Franchisee
A franchisee is an individual or company that licenses the rights to operate a franchised business from a franchisor. In other words, a franchisee is the owner of a franchise, which is a business that is licensed from another business. Here are the key points about franchisee: License: Franchisee obtains a license from franchisor to […]
Cpm – Cost Per Thousand
CPM (Cost Per Thousand Impressions) CPM is a digital advertising metric that measures the cost of an advertisement for every thousand impressions. It is a key performance indicator (KPI) used to track the cost-effectiveness of advertising campaigns. Formula: CPM = Cost per thousand impressions = Total cost / Number of thousand impressions Explanation: Cost: The […]
Supply Chain Management
Supply Chain Management (SCM) Supply chain management (SCM) is the comprehensive process of managing and optimizing the flow of goods and services from suppliers to customers. It encompasses a wide range of activities, including planning, execution, and control. Key Components of SCM: 1. Supply Chain Planning:– Forecasting demand and inventory levels.- Selecting suppliers and route […]
Earn Money Online
There are many ways to earn money online, depending on your skills, interests, and available time. Here are a few popular options: High-Income Jobs: Freelance/Consulting: Offer your expertise in various fields such as writing, editing, design, programming, marketing, virtual assistance, or business development. Online Teaching: Teach English online to students from around the world. Software […]
Employees’ State Insurance (Esi)
State Insurance Employee ESI Contributions State insurance employees are required to contribute to the employer-sponsored state insurance employee retirement plan (ESI) in most states. ESI is a retirement savings plan that provides a tax-deferred way for state employees to save for their retirement. Contribution Requirements: Employee contributions: Employees are typically required to contribute a percentage […]
Notice Period Buyout – Definition & Advantages
Notice Period Buyout A notice period buyout is a payment made to an employee who is leaving their company in exchange for a shorter notice period. This is typically offered to employees who have been with the company for a long time or who have high seniority. Common Features of Notice Period Buyout: Payment: The […]
Interpersonal Skills
Interpersonal skills are the abilities to communicate and interact effectively with others, including: Core interpersonal skills: Communication: Listening, speaking, writing, empathy, and feedback. Conflict resolution: Ability to manage and resolve conflicts amicably. Collaboration: Working effectively with others as part of a team or group. Empathy: Understanding and responding to others’ emotions and perspectives. Leadership: Motivation, […]
Walmart
Walmart is a retail giant that is headquartered in Bentonville, Arkansas, USA. It is the largest retailer in the world by revenue and has a presence in various countries worldwide. Here are some key points about Walmart: Products: Supercenter stores offer a wide variety of products, including groceries, electronics, clothing, furniture, and appliances. Sam’s Club […]
Crowdsourcing
Crowdsourcing Crowdsourcing is a phenomenon where a large group of people, often the general public, contribute to a shared task or project. It involves tapping into the collective intelligence and resources of individuals, usually through online platforms. Types of Crowdsourcing: Idea Crowdsourcing: Collecting ideas from a wide group for product development, problem-solving, or innovation. Task […]
Market Share
Market share refers to the percentage of the total market revenue or market size that a particular company or product has. It is a measure of a company’s relative market position. Formula for market share: Market share = (Company’s sales/Total market sales) x 100% Key factors influencing market share: Product quality: High-quality products will attract […]
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