A chain is a group of one or more stores that have the same name, sell the same products and follow the same corporate policies. Chains can be local, regional, national or international.

The challenges in operating a global company include languages and cultures, different legal landscapes, communication and technology and differing environmental concerns.

Effective supply chain management involves finding the proper balance between being able to sustain production levels and keep inventory levels in check. There are many other steps and factors to ...

Businesses run on the Three M's – money, memos and meetings. Business meetings are essential for effective planning, project management, interdepartmental coordination and staff oversight. Those ...

Corporate bylaws dictate the decisions that need to be made at your annual meeting. Corporations typically adopt Robert's Rules of Order to give them structure.

Holidays and sales events in the retail industry create a need for extended work hours to accommodate shoppers. Stores that usually are not open late evenings remain open so that customers can do ...

The field of corporate communications, with documented strategies to foster effective business communications, emerged in response to the recognition that the better a business communicates, the ...

Another purpose of the assembly line is to ensure product uniformity. Processes are set up to guarantee that every unit looks, feels, and functions the same way, from appliances to corn chips.

First, inventory changes will have an impact on the profit & loss report for a period entered on the account line for Sales of Product Income under the Income section, as QuickBooks notes.

Apparel markups are somewhat above the standard retail markup of two times cost, which is known as keystone in the retail industry. Typical markup on designer fashions ranges from 55 to 62 percent.

Developments that can occur within companies will affect the price of its stock, including mergers and acquisitions, earnings reports, the suspension of dividends, the development or approval of a ...

Rumors and gossip in the workplace are a serious problem. They can hurt the organization's reputation, decrease morale and damage productivity. There are many reasons employees may spread rumors ...