Officers act as agents. They act on behalf of the corporation, and they also owe a fiduciary duty to the shareholders of the corporation. Like directors, corporate officers must discharge their ...

Common Food & Labor Cost Percentages. If you are running a restaurant or food service business, you understand that the most important costs under your control are food (including beverages) and ...

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 ...

What Problems Do Information Silos Cause?. Information silos, which exist when information isn't shared between departments or divisions, can hamper growth and efficiency in your business. Silos ...

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 ...

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 ...

Ethics are the guiding principles – or lack thereof – that determine how people conduct themselves in every aspect of their lives, including the workplace. While ethics and workplace behavior ...

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 ...

Dissonance in marketing causes a conflict or tension within a consumer considering a product purchase. This is usually an uncomfortable feeling for the consumer and usually leads to the buyer ...

5 Conflict Management Strategies. In any situation involving more than one person, conflict can arise. The causes of conflict range from philosophical differences and divergent goals to power ...

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 ...

Communication channels are the means through which people in an organization communicate. Thought must be given to what channels are used to complete various tasks, because using an inappropriate ...