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HomeSubjectsBusiness Studies

Business Studies

Quality

Quality is a measure of excellence or superiority in products, services, or processes. It can be defined as the degree to which an item...

Production Process

The production process is a vital component of manufacturing operations, encompassing a series of steps that convert raw materials into finished products ready for...

Product Development

Product development is a critical process for businesses, involving the creation of new products or enhancement of existing ones to meet consumer needs and...

New Technology

In the modern era, technological advancements are continuously emerging and influencing various aspects of human life, including work, communication, and social interactions. Throughout history,...

New Product Development

Understanding the market is a critical component of product development. This process involves comprehensive research to identify target audience needs and preferences, analyze market...

Merger and Acquisition

Merger and acquisition (M&A) is a strategic business process involving the combination of two companies to form a new entity or the purchase of...

Management of Change

Change is an inherent aspect of organizational growth and development. It can manifest in various forms, including alterations to processes, technology, or organizational structure....

Location of Business

Selecting an appropriate location is a critical factor in a business's success. The chosen site significantly influences visibility, accessibility, and customer demographics. A strategically...

Lean Production

Lean production is a manufacturing methodology and management strategy designed to optimize customer value while minimizing waste. This systematic approach aims to eliminate inefficiencies...

Innovation

Innovation is a critical factor in modern society, propelling advancement and development across all sectors. It serves as the primary means of addressing complex...

Health and Safety

Workplace health and safety is crucial for several reasons. It is essential for employee well-being, as a safe work environment reduces accident risks and...

Efficiency

Efficiency is the ability to accomplish tasks with minimal time and effort. It is essential for successful businesses and organizations, directly impacting productivity, cost-effectiveness,...

Customer Service

Customer service is a fundamental component of business success, regardless of the company's size or industry. It forms the cornerstone of effective customer relationships...

Continuous Improvement

Continuous improvement is a systematic and ongoing effort to enhance products, services, or processes. This approach focuses on implementing small, incremental changes to achieve...

The Marketing Mix

The marketing mix is a fundamental concept in business and marketing, encompassing the strategic actions a company employs to promote its brand or product....

SWOT

SWOT analysis is a strategic planning technique utilized by organizations to identify and evaluate their Strengths, Weaknesses, Opportunities, and Threats. This method provides a...

Segmentation

Market segmentation is the strategic process of dividing a broad consumer base into distinct groups with shared characteristics, needs, and preferences. This approach enables...

Promotion

Promotion is a crucial component of the marketing mix, alongside product, price, and place. It encompasses the various activities and strategies employed to convey...

Product Portfolio

A product portfolio is a comprehensive collection of all products or services offered by a company, including both existing offerings and those in development....

Product Life Cycle

The product life cycle is a conceptual framework that outlines the stages a product experiences from its market introduction to its eventual discontinuation. This...

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