NVIDIA’s financial performance peaked in fiscal 2022 NVIDIA, the US based technology brand and a global leader in Artificial Intelligence, had its best financial year in 2022. The company experienced solid growth in its net revenues and operating income in 2022 compared to prior year. NVIDIA broke several previous records in the latest fiscal. The …
Both Walmart and Costco are well known brands in the US retail industry. However, compared to Costco, Walmart has a larger footprint, both domestically and internationally. Walmart is pursuing an aggressive expansion strategy to expand its customer base overseas. It has also made some acquisitions to expand its international customer base and ecommerce capabilities. Each …
In this post, we are going to conduct an analysis of Apple Inc, the world’s largest technology business with a strong global presence and offering a nice range of market leading technological products and services. Apple Inc is a leading US based technology firm dealing in a limited range of hardware and technological services. The …
In this post, we will define the freemium business model with examples and discuss its advantages and disadvantages or pros and cons for businesses. We will also discuss methods to make this model work and things to do before trying this model. What is freemium? Freemium is a type of business model in which businesses …
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In this article, we will discuss the basic elements of inventory management and inventory control and the difference between the two processes. While inventory management and inventory control may sound similar and are often mistaken for each other, the strategic focus of the two processes is different. While inventory control deals with the stock on-hand …
Inventory turnover refers to the period that passes from the day an item is purchased to the day it is sold. One complete turnover denotes that the company sold the stock it purchased except the items that were lost to damage or shrinkage. Inventory turnover is important for companies in various areas from manufacturing to …
Many businesses around the globe deal with challenges related to inventory management. Any business that makes or sells goods must manage its inventory. Inventory management refers to the purchase, storage, and movement of goods including raw materials, components, and finished goods. To manage inventory successfully, which is critical to improving business performance, businesses need to …
In this post, we will discuss the importance of inventory management system for businesses as well as its advantages and shortcomings. Inventory management deals with the buying, storing, and sales of goods including raw materials, parts and finished goods. It deals with planning for purchasing, storage and sales of goods. The main aim of inventory …
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What is inventory management system and why businesses need one? Whether it is a small business like a bakery or a large retail brand, inventory management is important for both. In general inventory management means the process of tracking the stock of products. The basic underlying principle of inventory management is to help companies manage …
Small businesses come across several challenges including financial and operational. Unless they have the right inventory management strategy, small businesses can find inventory management challenging. Keeping things organized is just as important for the small businesses as for the large enterprises. Inventory errors or inefficiencies can become a source of trouble for small business owners. …
Why is record keeping important for small businesses? While large enterprises can devote more resources and people to record keeping, the process can be a bit tricky for small businesses. However, record keeping is just as essential for small businesses as the large enterprises. It is important for running operations smoothly and offers several benefits. …
In this post, we will analyze the mission statement of Spotify and how successfully it captures the essence of its business. Spotify is a leading global music streaming network and the world’s largest online music streaming platform based on the number of monthly active users. Despite the presence of leading players like Apple, Amazon and …
Discuss the digital growth strategy of Spotify In this post, we will discuss the digital growth strategy of Spotify which has helped the company achieve superior growth, build a distinct audio streaming brand, achieve a solid competitive advantage and maintain its market leadership. Spotify is the world’s largest music streaming network with a strong global …
In this post, we will take a look at Spotify’s competitive advantage and how the company has managed to rule an industry sector against heavyweight players like Apple, amazon and Google. Spotify is the world’s largest online music streaming network holding the largest market share in the entire industry sector. The company has enjoyed rapid …
In this post, we will discuss the generic and intensive growth strategies adopted by Spotify, which have helped the acquire growth globally. Spotify is a leading online music streaming platform based in Sweden. The music streaming platform has seen a lot of growth in recent years, driven by its focus on innovation, user experience and …
Spotify is an online music streaming platform with a strong global presence. The music streaming platform enjoys strong brand awareness and popularity in various corners of the globe. Its user base has also grown at a sharper rate over the recent years. Among the various other things, the key factor driving the platform’s growth in …
The recycling industry has experienced stronger demand and growth in the recent years driven by higher demand across construction, industrial markets and residential households. In the United States, the recycling industry has experienced solid growth However there is still a lot of scope of improvement. Changing government regulations related to the environment and sustainability across …
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For product manufacturers, their supply chains are among the most critical link in their value chains. Companies invest in their supply chains to ensure a regular supply of quality raw materials for production. Managing the supply chain efficiently is critical to gain success and competitiveness in the short and the long term. The success of …
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In this post, we will discuss the advantages and disadvantages of surveys as methods of data gathering for market research. This post will discuss the main strengths that makes researchers choose surveys over other data gathering tools and also the weaknesses or shortcomings of surveys. Researchers prefer surveys as methods of data gathering due to …
There is a motive behind every human activity. So, the purchasing behavior of the consumers also has a motive behind it. One would not simply go and buy something. Someone decides to buy something only when he feels an inner impulse that leads him to buying. The buying motives of consumers are the influences or …
Scope creep is one of the most common risks associated with project management. However, we will first need to understand what is project scope in order to know what is scope creep. What is scope of a project? Project scope refers to all the volume of work that is required to be completed in order …
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Toyota is a leading manufacturer of automobiles based in Japan. The company is known globally for its focus on engineering and innovation. It is among the most competitive automobile brands with a strong competitive advantage compared to its rivals. Toyota is a global company and sells a large range of vehicles including cars, SUVs and …
Irrespective of the size and scope of a project, managing it is not an easy task. Chances of error always exist and from planning the minute details to guaranteeing the final product’s quality or shipping and handling, there are always chances that one or another mistake might happen. However, managing the project and the quality …
Business Name Comcast Corporation Headquarters Philadelphia, Pennsylvania, United States Industries served Entertainment, Media and Technology CEO Brian L Roberts. Net Revenues 2021 $90,926 Net Income 2021 $13,833 Employees 189,000 About Comcast Comcast is a leading international media and technology company based in the United States. Incorporated in December 2001, under the laws of Pennsylvania, the …
Industrywide across various sectors businesses have increased their focus on improving customer experience to maintain higher customer loyalty. Most businesses collect customer feedback to know their satisfaction level and learn about areas where they can make improvements. It is an effective method to grow customer satisfaction and maintain higher trust among customers. Businesses rely on …
One of the main concerns for the project managers is that the outcomes of each project meet the expectations. this is why the project managers need to implement processes that ensure quality outcomes. Quality Assurance (QA) helps ensure that the project team produces quality deliverables. QA is among the most important final steps included in …
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What is a project roadmap? A project roadmap is like a map used for completing projects. It presents an overview of the main goals and objectives of a project along a timeline in a graphical format. However, the project roadmap is different from a project plan as it does not include the fine details of …
TD Synnex was formed after the merger of Tech data and Synnex in 2021. The two companies have merged to form the industry’s largest IT distributor and a $59.8 billion entity called TD Synnex. The merger has expanded the scope of solutions the two companies individually provided. Together they boast of more than 150,000 customers …
Organizations want to deliver quality products and services and create maximum user satisfaction. They carry out review of systems and processes to provide quality offerings that meet user needs effectively. A systems analysis also known as information systems analysis is the process that IT professionals use to identify problems and offer suggestions for improvement related …
Microsoft is among the leading technology brands based in the United States. The company has a strong global presence and offers a diverse portfolio of various products and services including cloud services. Apart from its Windows and Microsoft Office products, the company also offers Microsoft Azure; its range of cloud services. With a market cap …
About Yum Brands: An Introduction Yum Brands is a leading fast-food brand with global operations. The company has its headquarters in Louisville, Kentucky. The company sells across 155 countries and had more than 53,000 stores operational worldwide as of 2021. Yum Brands has expanded its global footprint at a significant pace over the past several …
Adidas has been focusing on expanding its market through a renewed approach to marketing and product innovation over the recent years. The sports shoes industry has grown highly competitive and adidas is aggressively focusing on marketing and branding to cement its position in the global market. Adidas is a leading rival of Nike. However, there …
About Dollar General: An Introduction Dollar General is among the leading retail brands in the United States with a store count of above 17,000 in 2021. The company has sharply expanded its footprint in the United States in recent years and operates its stores across 46 states in the US. Dollar General also experienced a …
Netflix, the leading online streaming platform in the world has also maintained a strong focus on sustainability. Apart from focusing on entertaining the world, it has also focused on making the world a more habitable place. Just like many other large technology brands, that are investing heavily in minimizing their carbon footprint, Netflix is also …
What is accounting? Accounting is an integral part of business operations since the communication of financial information to all the important stakeholders depends on accounting. Accounting serves all the stakeholders from owners to managers and investors; whoever is affected by the financial performance of the company and is interested in the financial information. This is …
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One of the most critical steps in production planning is to decide the layout of the production facility. Layout of the production facility means how the company is going to arrange the equipment, machinery and people for a highly efficient production process. The goal of deciding the layout is to determine the most efficient and …
Channel intermediaries, also known as distribution or marketing intermediaries, or middlemen play a crucial role in a company’s distribution channel. They make it possible for the company to distribute its products to the customers without having the need to own the entire supply chain and distribution network. A company distributes its products through various distribution …
Who are the world’s biggest 50 retailers? The retail industry is marked by intense competition and has undergone a significant transformation in less than a decade. Almost all the leading retail brands worldwide including those with a dominantly physical presence have adopted digital format as demand and consumption patterns have shifted. Globally, customers prefer digital …
Finance is an important concern for almost all organizations whether big or small. However, as a company grows, its financial concerns also grow and so do the responsibilities of finance department. Large businesses have Chief Financial officers to take care of the financial concerns of the organization. The role of the CFO inside an organization …
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Business Profile of Netflix Inc About Netflix Inc Netflix is the world’s largest online streaming services provider. The company had 213.5 paid subscribers at the end of the third quarter of 2021. It has experienced sharp growth in its number of subscribers during recent years . The popularity of the company has increased sharply, driven …
All you need to know about Meta Inc. in Brief About Meta Inc: Facebook, now renamed Meta, is the leading social media company in the world serving a global user base. Founded in 20004, Facebook was renamed Meta in 2021 as a part of the company’s rebranding strategy. While Facebook has renamed itself, what the …
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All you need to know about Google: About Alphabet Inc: Alphabet Inc is the parent company of Google, the United States based search engine giant and advertising giant. Alphabet was founded as Google in 1998 by Larry Page and Sergey Brin. As the company expanded, the founders restructured it and the parent company was named …
Distribution channels play an important role in helping businesses operate efficiently. Setting up distribution channels is especially critical for businesses operating internationally. Many times businesses need to adopt a combination of various sales and distribution channels since a single channel might not prove sufficient to reach all its desired customer segments. Companies employ various kinds …
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All you need to know about Microsoft in Brief. About Microsoft Inc: Microsoft Chairman & CE0: Mr. Satya Nadella. Microsoft is among the leading tech brands based in the United States. The company was founded by Bill Gates and Paul Allen in 1975. Microsoft is a global tech brand that sells its products and services …
All you need to know about Amazon Inc: In Brief Amazon Inc is the largest e-commerce and cloud brand in the world. About Amazon Inc: Founded by Jeffrey P Bezos (Jeff Bezos), Amazon is the world’s largest e-commerce and cloud technology company. It has experienced explosive growth over the past several years. Jeff Bezos founded …
All You Need to Know About Apple In Brief Home Pod by Apple. ABOUT APPLE INC Apple Inc was founded by Steve Jobs and Steve Wojniak in 1976 in Los Altos, California, United States. The company has since then grown to become the largest technology company in the world. Its market cap as of December …
Snapchat Competitors Snapchat offers several attractive features for image and video sharing and instant messaging. Snapchatters can also shop from premium brands like Dior and Ralph Lauren and Marc Jacobs from Snapchat. Snapchat is an instant messaging app and a popular social media platform. It has established itself as a distinct social media brand that …
Starbucks is the world’s largest coffee brand, based in the United States. The company is known as a highly customer focused brand with a strong global presence. Over the past several years, Starbucks has continued to strengthen its position in the Chinese market. The company was founded in 1985 and operates across 85 countries. Apart …
Audi AG: An Introduction Audi comeptitors Audi is a part of the Volkswagen Group’s product portfolio. The brand is renowned worldwide as a leading luxury automobile brand. Audi AG is well known globally as the automobile brand with the four rings. Apart from a luxurious riding experience, Audi cars are known for being technologically innovative …
Nike: An Introduction Nike is an industry leading maker of sports shoes, apparel and equipment. The company is operating in a highly competitive market environment. It is famous worldwide for its unique branding, excellent marketing strategy and for its focus on product quality and innovation. The brand has experienced faster growth through its strategic investment …