Information silos, which exist when information isn't shared between departments or divisions, can hamper growth and efficiency in your business. Silos can result in a variety of problems, such as ...

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 ...

Everyone gets sick at some point. Whether it's a miserable head cold or the full-blown flu, there are times when going to work feels almost impossible, not to mention, rude to your co-workers who ...

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, what good are great professional skills without ...

It goes without saying that businesses need people to show up on time to get the job done. Although this seems like common sense, you will probably encounter a few employees who are chronically late.

To gain the maximum benefits from your company's information system, you have to exploit all its capacities. Information systems gain their importance by processing the data from company inputs to ...

Spreadsheets are an essential business and accounting tool. They can vary in complexity and can be used for various reasons, but their primary purpose is to organize and categorize data into a ...

A divisional organizational structure gives a larger business enterprise the ability to segregate large sections of the company's business into semi-autonomous groups. While generally better ...

You hear a lot about both "big business" and "small business" in the United States, but you don't hear so much about mid-size businesses. There's a simple reason for that: The federal government ...

All businesses have regular expenses that are not directly related to producing goods or services. These indirect expenses are termed "overhead" costs. Most businesses calculate overhead costs on ...

With 88 percent of Americans using the internet to make purchasing decisions, it's probably no surprise that businesses rely on web ads to reach customers. When your business places an ad online ...

A functional organizational structure is the most common of the three organizational structures adopted by most companies. Companies organized by function group employees according to their ...