Setting goals is a very important first step if you want to set your company up for long-term success and decide what its priorities will be. Spending some time writing down your business goals and the steps you plan to take to reach each one will greatly increase your chances of success. The goals of […]
Things like updating machines, buildings, and offices and taking legal precautions are examples of indirect actions. In a company as big, complicated, and varied as IBM, indirect actions are usually split between departments and supervised by more than one manager. I call all of these hidden costs “overhead,” and while a large company can certainly
Enterprise-level software developers usually build and develop their software using the J2EE platform, which is a multi-tiered application model. The business tier of the J2EE platform is where you can find a business component. “Developers often break up the logic of a large program into several modules with different purposes. Each time the different parts
One definition of business is any activity that an individual or group of individuals does with the goal of making money and in accordance with all laws and rules. Many authors have written about what “business” means from their own unique points of view. The scope of business refers to the activities and operations that
The “nature” of a company includes both what kind of business it is and what its main goals are. It describes the organization of the company, the market it serves, the goods and services it offers, and the methods it uses to reach its goals. It shows how hard things were for the business and
