Your company's inventory policy affects its ability to turn sales opportunities to sales revenue quickly, allows it to take advantage of quantity discounts, and safeguards against price changes or ...

Governments establish many regulations and policies that guide businesses. Some rules, like minimum wage, are mandatory, while other policies may influence your business indirectly. Businesses ...

National economies are a mix of consumer, business and government financial activity, with consumer spending the largest driver of the U.S. economy. Consumer spending accounted for approximately ...

The International Financial Reporting Standards developed by the International Accounting Standards Board present guidelines for reporting the financial activities of a business. Similar to ...

Dissolving a company means to officially and formally close the business. While ceasing operations is part of this process, there's more to dissolving a business than just locking the front door.

Business ethics are often discussed today, especially in light of corporate scandals. Often, that discussion focuses on professional conduct or illegal practices. Ethics touch many elements of ...

When markets in foreign countries offer a higher profit potential than your home market, it makes sense to expand internationally. As you prepare your expansion and research target markets in ...

The invention and popularization of the internet has introduced a massive wave of changes to business, and in the way the world does business. In fact, the internet made the global marketplace ...

For many business owners, it would be impossible to imagine running a company without the internet. Yet for others, the possibilities it presents are anything but obvious. Just a few years ago ...

To understand the benefits of a business going green we must first understand what that term means. When a company makes a concerted effort to reduce its negative environmental impact that is ...

Some companies have made an effort to become more environmentally friendly, also known as "going green." Reasons for going green can include achieving better public relations, tapping into the ...

An analytical review in accounting is used by auditors to assess the reasonableness of account balances. Examples of analytical reviews of financial statements broadly include vertical and ...