Business model canvas components
Nov
12

Business Model Canvas – Key Components Explained

Category : methods & concepts

Starting a business from scratch is quite a challenge. It requires a lot of work and planning. The amount of preparation put into the...

Balanced scorecard
Nov
05

Balanced Scorecard- Definition and Perspectives

Category : methods & concepts

Balanced scorecards were mainly created to help businesses monitor their activities using a different perspective to achieve progress. This article will discuss the importance...

SMART Goals
Oct
29

SMART Goals – Definition, Advantages & Disadvantages

Category : methods & concepts

SMART belongs to methods & concepts and is an acronym used as a guideline when setting objectives for personal development, project management, and managing...

Oct
20

PESTEL Analysis – External Business Environments

Category : methods & concepts

A PESTEL analysis is a business tool used by organizations looking to introduce a new product or service to the market. It is an...

Benchmarking for students
Oct
15

Benchmarking- Why it’s Important

Category : methods & concepts

Benchmarking in an organization is considered to be one of the most efficient processes to help identify the best information practice and improve activity....

Maslows hierarchy of needs
Oct
08

Maslow’s Hierarchy of Needs – an Overview

Category : methods & concepts

The human motivation theory developed by an American psychologist Abraham Maslow and published in 1943, proposed a five-level model of fundamental human needs. Maslows...