When reviewing an organization, analysts analyze factors that make the business a global brand. SWOT analysis provides insights into the company’s strengths, prevailing opportunities, weaknesses, and threats. It is a strategic planning tool that defines business strategy. Other tools are PESTLE Analysis and Porter’s Five Forces, both of which focus on external factors affecting the …
As per OSHA, “Workplace violence is any act or threat of physical violence, harassment, intimidation, or other threatening behavior at work. It ranges from threats and verbal abuse to physical assaults—and even homicide.” Workplace violence can involve employees, customers, or visitors. To reduce violence and its impact, it is necessary to understand the violence type …
Advertising is a paid marketing tool that businesses produce to convey the features and benefits of their products to an audience. Advertising aims to convince a buyer to purchase the company’s product—instead of a product offered by competitors. Advertising is a promotional tool for businesses. Publicity is also a promotion, but businesses do not control …
Every venture begins with an idea. A feasibility study determines whether the idea is worth pursuing. After completing the feasibility study, business analysts conduct a Business Case Analysis (BCA) and develop the business-case document. The business case document helps management get stakeholders’ buy-in to support the idea. This document includes a cost-benefit analysis and explains …