In a globalized economy, cultural sensitivity is essential. Understanding and knowing about cultural differences is a crucial skill for succeeding in business. Understanding language nuances ...

Performance appraisals, whether team or individual, provide feedback to workers or organizational teams. Traditionally, performance evaluations provide information to help improve performance ...

A daily accounting task list helps accountants to keep a company's financial records accurate and up-to-date.

The Advantages of Accrual Accounting. The type of accounting method a company chooses will determine how it will record and keep track of finances. According to Entrepreneur.com, the two most ...

The Role of FASB to Business. In 1973, the Financial Accounting Standards Board was established to develop a set of financial accounting standards known as generally accepted accounting principals ...

Contracts are legally binding agreements that are an important part of doing business. Although the kinds of business contracts are numerous, they are typically divided into four categories ...

Examples of Key Performance Objectives. Just as a business plan provides goals for the organization to reach over the course of a given period of time, written key performance objectives will ...

Common Food & Labor Cost Percentages. If you are running a restaurant or food service business, you understand that the most important costs under your control are food (including beverages) and ...

Workplace Culture Definition. The concept of a workplace culture encompasses many different characteristics of a business. Culture has visible components in the way that a business looks and how ...

What Is the Meaning of Organizational Structure?. Organizational structure is a system used to define a hierarchy within an organization. It identifies each job, its function and where it reports ...

Problems With Minimum Wage. The minimum wage provides ample fodder to politicians and economists who debate the pros and cons of this controversial law. In the United States, employers must follow ...

Grants for Disabled Small Business Owners. Owning a business can be a challenge for anyone, but there are many more difficulties with owning a business when you are disabled. In addition to normal ...