BUSINESS

Advertisements generally do not count as contracts. Instead, they are considered an offer to make a deal. There are several more steps that must be taken in order to convert an advertisement into a legally binding contract. For example, an advertisement or announcement specifying the sale of merchandise at a specified price cannot be considered […]

Today, thousands of websites and apps run using cloud computing tools. The term was introduced around 2000 and since then the use of cloud computing resources and tools has grown a lot. Particularly, in recent years the use of online apps and resources has grown. The use of cloud computing by small and large enterprises

Founded in 1949 by Adi Dassler, Adidas has grown into a global shoe business with a strong presence across all continents. The company celebrated its 70th anniversary. However, while supply chain shortages continued to affect Adidas during 2019, the company still managed to grow its net sales to 23.6 billion Euros. The company experienced impressive

What is organizational structure? Organizational structure in general refers to the way in which individual and teamwork within an organization are coordinated. Work at an individual level needs to be coordinated and managed in order to achieve the organizational goals and objectives. When it comes to achieving coordination in an organization at the individual or

Microsoft’s Decision to Close All Physical Stores Microsoft has announced that it is going to close all its physical stores and instead of offering its customers an omnichannel shopping experience, the company will use its online sales channel only for direct sales to customers. The role of physical stores in the sales strategy of Microsoft

Costco (NASDAQ: COST) is among the leading retail brands based in the United States. While Costco is mainly a chain of warehouse clubs, other retailers have adopted different business models than the one that Costco follows. It is among the leading competitors of Walmart, the largest retail brand in the US. For faster growth, the

Target Corporation: An Introduction Founded in 1902 as Dayton Dry Goods Company, Target started its first store in 1962 in Minnesota. Unlike Costco or Walmart, Target’s market is limited to the United States. However, the company has been ramping up its e-commerce capabilities and is experiencing faster growth in this area. Target is a general

Terrorism is a constant threat to the global airline industry and can harm operations and revenue. Following the 9/11 attacks, governments around the world have tightened the security at the airports. A terrorist attack and the resulting fear affects the revenue of Airline businesses negatively. After AlQaeda, ISIS is a big threat to the security

HP – A Brief Introduction: Hewlett Packard (HP) is a leading U.S. based manufacturer of computing and printing products that sells a large range of personal computers, laptops, printers, and peripherals. Founded by William Hewlett and David Packard (both electrical engineering graduates from Stanford University) in 1939, the company divided itself into HP and HPE

While many times managers believe that it is easy to set organizational goals and objectives, it is easier said than done. Goals and objectives are not as easy to set as they look. Often there is a lot of confusion surrounding the setting of goals and objectives. Many times the managers do not know what