Why Do People Buy Brand Names?. Understanding the motives and interests of your target market helps in making product decisions, developing a store layout and promoting your business. Product ...

The Three Most Common Ethernet Speeds. Ethernet was invented in the mid-1970s, and by the mid-1980s had achieved speeds of up to 10 Megabits per second, which remained the standard until the mid ...

What Is the Purpose of Using a Spreadsheet?. Spreadsheets play an integral role in the day-to-day business operations of both large and smaller, private companies. The needs for using spreadsheet ...

Corporate Strategy Vs. Marketing Strategy. Corporate strategies and marketing strategies often coincide or overlap because, contrary to popular belief, a major focus of marketing includes the ...

The first step toward understanding what a direct channel of distribution offers - also known as a direct marketing channel - is to understand what a channel of distribution is. Simply, a ...

What Is Misconduct in the Workplace?. It is important to alert all new employees of the behaviors you consider unacceptable within your organization. You should also have a plan of action in place ...

Why Is Organizational Structure Important?. There are a number of factors that differentiate small-business operations from large-business operations, one of which is the implementation of a ...

Four Different Types of Business Attire. When you first enter or are in the business world, you must know how to dress appropriately for any given situation. What you wear for an interview or ...

Cultural Influences on Marketing Strategies. Companies that are growing are always on the lookout for new opportunities. Some of these opportunities present themselves in new countries. Product ...

Five Attitudes That Are Important in Workplaces. It may seem as if skills and experience are the most important characteristics of an employee, but attitude plays just as big of a role. After all ...

5 Ways to Terminate a Contract. A contract is a legal document that binds at least two parties to one another. A contract requires one or both parties meet obligations detailed in the contract ...

The five stages of the process are goal-setting, analysis, strategy formation, strategy implementation and strategy monitoring.