instruction stringlengths 5 1.05k | output stringlengths 6 22.3k | input stringclasses 1
value |
|---|---|---|
why is business ethics important | there are several reasons business ethics are essential for success in modern business most importantly defined ethics programs establish a code of conduct that drives employee behavior from executives to middle management to the newest and youngest employees | |
when combined all these factors affect a business revenues those who fail to set ethical standards and enforce them are doomed to eventually find themselves alongside enron arthur andersen wells fargo lehman brothers bernie madoff and many others | types of business ethicsthere are various types of business ethics what mainly makes a business stand out are its corporate social responsibility practices transparency and trustworthiness fairness and technological practices corporate social responsibility csr is the concept of meeting the needs of stakeholders while ... | |
how to implement good business ethics | fostering an environment of ethical behavior and decision making takes time and effort and starts at the top most companies need to create a code of conduct ethics guiding principles reporting procedures and training programs to enforce and encourage ethical behavior once conduct is defined and programs are implemented... | |
what is business ethics | business ethics concerns ethical dilemmas or controversial issues faced by a company often business ethics involve a system of practices and procedures that help build trust with the consumer on one level some business ethics are embedded in the law such as minimum wages insider trading restrictions and environmental r... | |
what are business ethics and example | business ethics guide executives managers and employees in their daily actions and decision making for example consider a company that has decided to dump chemical waste that it cannot afford to dispose of properly on a vacant lot it has purchased in the local community this action has legal environmental and social re... | |
what are the 12 ethical principles | business ethics is an evolving topic generally there are about 12 ethical principles honesty fairness leadership accountability integrity compassion respect responsibility loyalty respect for the law transparency and environmental concerns the bottom linebusiness ethics concerns employees customers society the environm... | |
what is a business exit strategy | a business exit strategy is an entrepreneur s strategic plan to sell his or her ownership in a company to investors or another company an exit strategy gives a business owner a way to reduce or liquidate his stake in a business and if the business is successful make a substantial profit if the business is not successfu... | |
what are business expenses | business expenses are costs incurred in the ordinary course of business every business from the smallest corner store to the largest corporation tracks these expenses throughout the year for tax purposes business expenses are subtracted from revenue to arrive at a company s taxable net income business expenses are also... | |
what is an ordinary and necessary business expense | this is irs speak for the type of expense that a business can properly deduct generally ordinary means normal and widespread in the industry necessary means appropriate and useful while falling short of absolutely essential 2 | |
what is not a deductible business expense | any expense that has a personal benefit rather than a business benefit is non deductible granted this can be a gray area if you go to los angeles for business purposes and spend a day at disneyland while there your tickets to the park are not deductible your flight to and from l a should be deductible as long as you re... | |
what is commercial insurance | commercial insurance also known as business insurance protects businesses from losses due to unexpected events during normal business operations such as lawsuits natural disasters or accidents there are many types of commercial insurance for businesses including coverage for property damage legal liability and employee... | |
how commercial insurance works | small business owners must carefully consider and evaluate their risks because they may have personal financial exposure in the event of a loss commercial insurance protects business owners from potential losses due to unexpected events that they couldn t afford to cover on their own this allows businesses to operate w... | |
how much does commercial insurance cost | the price of a commercial insurance policy will depend on a number of factors about your business and the insurance coverage progressive reports the median monthly cost of a business owners policy to be 70 2 the hartford shares that the median monthly cost of its commercial policies is 55 3 | |
what affects how much business insurance costs | several factors can influence the price of a business insurance policy including the number of employees you have the location of your business and the amount of coverage you want generally the more employees you have and the more coverage you need the more expensive your policy will be prices also vary from region to ... | |
how do you get commercial insurance | you can get commercial insurance through an insurance agency that provides the type of policy you need you can work with an insurance agent at an insurance company who can give you a quote and guide you through your options and application process you can often get a policy online or by calling the insurance agency the... | |
what is business intelligence bi | business intelligence bi is a process driven by technology that analyzes business data in order to provide information that can be actioned so that executives and managers can make better informed business decisions business intelligence is a broad term that encompasses data mining process analysis performance benchmar... | |
how bi can be useful | to be useful bi must seek to increase the accuracy timeliness and amount of data these requirements mean finding more ways to capture information that is not already being recorded checking the information for errors and structuring the information in a way that makes broad analysis possible in practice however compani... | |
what is power bi | power bi is a business analytics product offered by software giant microsoft according to the company it allows both individuals and businesses to connect to model and visualize data using a scalable platform 2 | |
what is self service bi | self service bi is an approach to analytics that allows individuals without a technical background to access and explore data in other words it gives people throughout the organization not just those in the it department to have control over the data | |
what are the disadvantages of self service bi | drawbacks to self service bi include a false sense of security in end users high licensing costs a lack of data granularity and sometimes too much accessibility | |
what is ibm s bi product | one of ibm s main bi products is its cognos analytics tool which the company touts as an all inclusive ai powered bi solution 3the bottom linepart of the responsibilities of executives and managers is to make their companies more efficient profitable and competitive along with improving the workplace environment for em... | |
what is a business model | the term business model refers to a company s plan for making a profit it identifies the products or services the business plans to sell its identified target market and any anticipated expenses business models are important for both new and established businesses they help companies attract investment recruit talent a... | |
when evaluating a company as a possible investment the investor should find out exactly how it makes its money this means looking through the company s business model fortunately it s not hard to find most companies outline their business model on their website and in their annual reports | admittedly the business model may not tell you everything about a company s prospects investors need to fill in the blanks look beyond the sales pitch and recognize that sensitive information or any flouting of rules of ethics to gain an advantage won t be mentioned the investor who understands the business model even ... | |
when evaluating a company as a possible investment find out exactly how it makes its money not just what it sells but how it sells it that s the company s business model | types of business modelsthere isn t one type of business model not all companies are the same and each has different ways of making money business models can vary considerably an aerospace company such as boeing for example may operate similarly to a peer such as airbus but won t share much in common in terms of how it... | |
how to create a business model | there is no one size fits all when making a business model different professionals may suggest taking different steps when creating a business and planning your business model here are some broad steps someone can take to create a plan instead of reinventing the wheel consider what competing companies are doing and how... | |
what is a business model | a business model is a strategic plan of how a company will make money the model describes the way a business will take its product offer it to the market and drive sales a business model determines what products make sense for a company to sell how it wants to promote its products what type of people it should try to c... | |
what is an example of a business model | best buy target and walmart are some of the largest examples of retail companies these companies acquire goods from manufacturers or distributors to sell directly to the public retailers interface with their clients and sell goods though retailers may or may not make the actual goods they sell | |
what are the main types of business models | there are various types of business models examples include subscription models bundling and franchising business models can sometimes also be loosely defined by industry for example manufacturers produce their own goods and may or may not sell them directly to the public whereas retailers buy goods to later resell to ... | |
how do i build a business model | there are many steps to building a business model and there is no single consistent process among business experts in general a business model should identify your customers understand the problem you are trying to solve select a business model type to determine how your clients will buy your product and determine the ... | |
what is a business plan | a business plan is a document that outlines a company s goals and the strategies to achieve them it s valuable for both startups and established companies for startups a well crafted business plan is crucial for attracting potential lenders and investors established businesses use business plans to stay on track and al... | |
how to write a business plan | while there are any number of templates that you can use to write a business plan it s best to try to avoid producing a generic looking one let your plan reflect the unique personality of your business many business plans use some combination of the sections below with varying levels of detail depending on the company ... | |
why do business plans fail | a business plan isn t a surefire recipe for success the plan may have been unrealistic in its assumptions and projections markets and the economy might change in ways that couldn t have been foreseen a competitor might introduce a revolutionary new product or service all this calls for building flexibility into your pl... | |
what does a lean startup business plan include | the lean startup business plan is ideal for quickly explaining a business especially for new companies that don t have much information yet key sections may include a value proposition major activities and advantages resources staff intellectual property and capital partnerships customer segments and revenue sources th... | |
what is business process outsourcing bpo | business process outsourcing bpo is a method of subcontracting various business related operations to third party vendors although bpo originally applied solely to manufacturing entities such as soft drink manufacturers that outsourced large segments of their supply chains bpo now applies to the outsourcing of various ... | |
what is the goal of bpo and what are its types | bpo is the abbreviation for business process outsourcing which refers to when companies outsource business processes to a third party external company the primary goal is to cut costs free up time and focus on core aspects of the business two types of bpo are front office and back office back office bpo entails the int... | |
what are the advantages of bpo | there are numerous advantages to bpo one of the primary advantages is that it lowers costs performing a certain job function internally costs a specific amount bpo can reduce these costs by outsourcing this job to an external party often in a less cost intensive country reducing the overall cost of performing that job ... | |
what are the types of bpo companies | there are three primary types of bpo companies these are local outsourcing offshore outsourcing and nearshore outsourcing local outsourcing is a company that is in the same country as your business offshore outsourcing is a company that is in another country and nearshore outsourcing is a company that is in a country t... | |
what is a bpo call center | a bpo call center handles outsourced incoming and outgoing customer calls on behalf of other businesses many bpo call centers will have agents that can individually handle customer complaints or inquiries standing in for a number of different companies often within a particular specialty for instance one call center ag... | |
what is business risk | business risk is the exposure a company or organization has to factor s that will lower its profits or lead it to fail anything that threatens a company s ability to achieve its financial goals is considered a business risk there are many factors that can converge to create business risk sometimes it is a company s top... | |
when a company experiences a high degree of business risk it may impair its ability to provide investors and stakeholders with adequate returns for example the chief executive officer ceo of a company may make certain decisions that affect its profits or the ceo may not accurately anticipate certain events in the futur... | business risk is influenced by a number of different factors including a company with a higher amount of business risk may decide to adopt a capital structure with a lower debt ratio to ensure that it can meet its financial obligations at all times with a low debt ratio when revenues drop the company may not be able to... | |
what are the 4 main types of business risk | the four main types of risk that businesses encounter are strategic compliance regulatory operational and reputational risk these risks can be caused by factors that are both external and internal to the company | |
why is risk management important in business | businesses face a great deal of uncertainty in their operations much of it outside their control this uncertainty creates risk that can jeopardize a company s short term profits and long term existence because risk is unavoidable risk management is an important part of running a business when a business has a thorough ... | |
what are internal risks that can impact a business | internal risks that can impact a business often come from decisions made by the management or executive team in pursuit of growth these decisions can create physical or tangible risks for example on site risks such as fires equipment malfunctions or hazardous materials can jeopardize production endanger employees and l... | |
what is business to business b2b | business to business b2b also called b to b is a form of transaction between businesses such as a manufacturer and wholesaler or a wholesaler and a retailer business to business refers to commerce that s conducted between companies rather than companies and individual consumers business to business stands in contrast t... | |
what is the e commerce market | e commerce includes all transactions that are accomplished from start to finish on the internet products and services are purchased online and payments for products and services are also transmitted electronically but this doesn t mean that a company can t also engage in brick and mortar transactions with customers or ... | |
what are some common b2b purchases | a retailer who purchases merchandise from manufacturers for resale to consumers has engaged in a b2b purchase but the purchases don t necessarily have to be resold they can include software that s used for business purposes or shared business or office spaces 4 | |
what is a business to government b2g transaction | a b2g transaction involves selling information services or products to a government these are generally e commerce exchanges but they re not limited to online activity they re typically entered into under contract a business submits bids and the government selects one of those bids and takes it to contract 5the bottom ... | |
what is business to consumer b2c | the term business to consumer b2c refers to the process of selling products and services directly between a business and consumers who are the end users of its products or services most companies that sell directly to consumers can be referred to as b2c companies b2c became immensely popular during the dotcom boom of t... | |
what is business to consumer and how does it differ from business to business | after surging in popularity in the 1990s business to consumer b2c increasingly became a term that referred to companies with consumers as their end users this stands in contrast to business to business b2b or companies whose primary clients are other businesses b2c companies operate on the internet and sell products to... | |
what is an example of a business to consumer company | one example of a major b2c company today is shopify which has developed a platform for small retailers to sell their products and reach a broader audience online before the advent of the internet however business to consumer was a term that was used to describe take out restaurants or companies in a mall for instance i... | |
what are the 5 types of business to consumer models | typically b2c models fall into the following five categories direct sellers online intermediaries advertising based b2c community based and fee based the most frequently occurring is the direct seller model where goods are purchased directly from online retailers by contrast an online intermediary model would include c... | |
what is business to government b2g | business to government b2g is the sale and marketing of goods and services to federal state or local agencies in modern lingo there are three basic business models business to consumer b2c business to business b2b and business to government b2g b2g is not an insignificant chunk of business by the end of may 2024 the fe... | |
what are b2g examples | because of the scale of government spending at local state and federal levels there are a broad range of b2g examples some of the most evident involve infrastructure spending at a national scale think about construction firms contracted to build interstate freeways or to repair railroads b2g can also look like a food s... | |
why is b2g important | b2g contracts benefit both parties involved in a contract the government agency obtains a good or service from a firm with experience in a given sector and the contracted firm receives revenue for its products | |
what is b2a | b2a is virtually synonymous with b2g while b2g stands for business to government b2a stands for business to administration this refers to commerce conducted between businesses and administrative branches of government the two concepts are often used interchangeably the bottom linebusiness to government b2g refers to th... | |
what is a business valuation | a business valuation also known as a company valuation is the process of determining the economic value of a business during the valuation process all areas of a business are analyzed to determine its worth and the worth of its departments or units a company valuation can be used to determine the fair value of a busine... | |
what is a butterfly spread | the term butterfly spread refers to an options strategy that combines bull and bear spreads with a fixed risk and capped profit these spreads are intended as a market neutral strategy and pay off the most if the underlying asset does not move prior to option expiration they involve either four calls four puts or a comb... | |
what are the characteristics of a butterfly spread | butterfly spreads use four option contracts with the same expiration but three different strike prices a higher strike price an at the money strike price and a lower strike price the options with the higher and lower strike prices are the same distance from the at the money options each type of butterfly has a maximum ... | |
how is a long call butterfly spread constructed | the long call butterfly spread is created by buying a one in the money call option with a low strike price writing selling two at the money call options and buying one out of the money call option with a higher strike price net debt is created when you enter the trade the maximum profit is achieved if the price of the ... | |
how is a long put butterfly spread constructed | the long put butterfly spread is created by buying one out of the money put option with a low strike price selling writing two at the money put options and buying one in the money put option with a higher strike price net debt is created when entering the position like the long call butterfly this position has a maximu... | |
what is buy and hold | buy and hold is a passive investment strategy in which an investor buys stocks or other types of securities such as etfs and holds them for a long period regardless of fluctuations in the market an investor who uses a buy and hold strategy actively selects investments but has no concern for short term price movements a... | |
how buy and hold works | conventional investing wisdom shows that with a long time horizon equities render a higher return than other asset classes such as bonds there is however some debate over whether a buy and hold strategy is superior to an active investing strategy both sides have valid arguments but a buy and hold strategy has tax benef... | |
what is a buy and sell agreement | a buy and sell agreement or buy sell agreement is a legally binding contract that stipulates how a partner s share of a business may be reassigned if that partner dies or otherwise leaves the business most often the buy and sell agreement stipulates that the available share be sold to the remaining partners or to the p... | |
how a buy and sell agreement works | buy and sell agreements are commonly used by sole proprietorships partnerships and closed corporations in an attempt to smooth transitions in ownership when a partner dies retires or decides to exit the business the buy and sell agreement requires that the business share be sold to the company or the remaining members ... | |
when a sole proprietor dies a key employee may be designated as the buyer or successor | partners should work with both an attorney and a certified public accountant when crafting a buy and sell agreement along with a life insurance professional key considerations in buy sell agreementsbuy and sell agreements are designed to help partners manage potentially difficult situations in ways that protect the bus... | |
how do you establish a buy and sell agreement | a buy sell agreement also known as a shotgun clause is a contract that sets out how a partner s shares will be obtained by the remaining partners or owners of a firm in case of their death or departure this is usually done with the aid of a knowledgeable attorney in order to ensure that funds are available partners in ... | |
what should be included in a buy and sell agreement | the following pieces of information should be spelled out in a buy and sell agreement | |
what is the benefit of a buy and sell agreement | a buy and sell agreement assures a smooth transition of ownership and business continuity in the event of a departure of a partner or large equity owner the agreement is a legally binding contract that establishes how the departing owners shares will be obtained by the remaining partners without such an agreement there... | |
what is a buy in | a buy in in the financial markets is an occurrence in which an investor is forced to repurchase shares of security because the seller of the original shares did not deliver the securities in a timely fashion or did not deliver them at all a buy in can also be a reference to a person or entity buying shares or a stake i... | |
what is buy in management buyout bimbo | a buy in management buyout bimbo is a form of a leveraged buyout lbo that incorporates characteristics of both a management buyout mbo along with a management buy in mbi a bimbo occurs when existing management along with outside managers decide to buy out a company the existing management represents the buyout portion ... | |
what is a buy limit order | a buy limit order is an order to purchase an asset at or below a specified price allowing traders to control how much they pay by using a limit order to make a purchase the investor is guaranteed to pay that price or less while the price is guaranteed the order being filled is not after all a buy limit order won t be e... | |
how do you place a buy limit order | to place a buy limit order you will first need to determine your limit price for the security you want to buy the limit price is the maximum amount you are willing to pay to buy the security if your order is triggered it will be filled at your limit price or lower | |
what is the buy side | the financial institutions of a free market economy include a segment called the buy side firms that purchase investment securities these include insurance firms mutual funds hedge funds and pension funds that buy securities for their own accounts or for investors with the goal of generating a return opposite of the bu... | |
what is a buy stop order | a buy stop order instructs a broker to purchase a security when it reaches a pre specified price once the price hits that level the buy stop becomes either a limit or a market order fillable at the next available price this type of stop order can apply to stocks derivatives forex or a variety of other tradable instrume... | |
what is a buy stop order | a buy stop order instructs a broker to purchase a security when it reaches a pre specified price once the price hits that level the buy stop becomes either a limit or a market order fillable at the next available price this type of stop order can apply to stocks derivatives forex or a variety of other tradable instrume... | |
what is buy to cover | buy to cover refers to a buy order made on a stock or other listed security to close out an existing short position a short sale involves selling shares of a company that an investor does not own as the shares are borrowed from a broker but need to be repaid at some point understanding buy to covera buy to cover order ... | |
when an investor is selling short and the market value of the underlying security has risen above the short selling price the proceeds from the earlier short sale would be less than what is needed to buy it back this would result in a losing position for the investor if the market value of the security continues to ris... | example of buy to coversuppose a trader opens a short position in stock abc after their research they believe abc s stock price which is trading at 100 currently will fall in the coming months because the company s financials are signaling that the company is in distress to profit from their thesis the trader borrows 1... | |
what is buy to open | buy to open is a term used by brokerages to represent the establishment of a new opening long call or put position in options if a new options investor wants to buy a call or put that investor should buy to open a buy to open order indicates to market participants that the trader is establishing a new position rather ... | |
what is a buyback | a buyback is a company s purchase of its outstanding stock shares buybacks reduce the number of shares available on the open market companies usually buy back shares of their stock to increase the value of the remaining shares by reducing the supply of them they may also buy back shares to prevent a major shareholder f... | |
why would a company do a buyback | a buyback allows a company to invest in itself more of its shares will wind up in the company s hands if a company feels that its shares are undervalued it may do a buyback to reward investors by repurchasing shares it reduces available open market shares making each worth a greater percentage of the corporation compan... | |
how is a buyback done | a company can make a tender offer to shareholders at a premium over the current market price the shareholders would have the option to submit all or some of their shares within a set time frame 5alternatively a company may create a share repurchase program and purchase shares on the open market at certain times or at r... | |
what are criticisms of buybacks | a buyback can create a perception that a business does not have other pathways for revenue growth it also can deplete the company s cash reserves leaving it less able to withstand a downturn buybacks also are criticized for artificially inflating the share price 9the bottom linecompanies buy back their shares to reduce... | |
what is a buyer s market | a buyer s market is an environment that favors buyers over sellers it typically develops when changes to the underlying economic conditions that shape supply and demand mean that purchasers have an advantage over sellers in price negotiations understanding a buyer s marketa buyer s market is created by market condition... | |
are home prices lower in a buyer s market or a seller s market | in a buyer s market prices are generally lower and there is less competition a buyer s market is usually created when there is more supply and lower demand which means there are more houses than buyers for those houses because of this home sellers must compete to attract homebuyers which means prices stay lower | |
what is the benefit of a buyer s market | a buyer s market benefits buyers buyers have more options from which to choose because supply exceeds demand prices stay lower because sellers must compete to attract buyers buyers also have more room to negotiate on price and other elements of a sale such as closing costs in a real estate transaction | |
is a home s market value the same as its selling price | a home s fair market value is not the same thing as its selling price fair market value is the property s worth as estimated by a real estate professional this estimate is usually based on factors such as the age of the house its condition location and the value of similar homes in that location selling price is what s... | |
what is buying on margin | buying on margin occurs when an investor buys an asset by borrowing the balance from a bank or broker buying on margin refers to the initial payment made to the broker for the asset for example 10 down and 90 financed the investor uses the marginable securities in their broker account as collateral the buying power an ... | |
how to buy on margin | the broker sets the minimum or initial margin and the maintenance margin that must exist in the account before the investor can begin buying on margin the amount is based largely on the investor s creditworthiness a maintenance margin is required of the broker which is a minimum balance that must be retained in the inv... | |
what is buying power | buying power also referred to as excess equity is the money an investor has available to buy securities in a trading context buying power equals the total cash held in the brokerage account plus all available margin | |
how buying power works | while buying power can take on a different meaning depending on the context or industry in finance buying power refers to the amount of money available for investors to purchase securities in a leveraged account this is referred to as a margin account as traders take out a loan based on the amount of cash held in their... | |
what is buyout | a buyout is the acquisition of a controlling interest in a company and is used synonymously with the term acquisition if the stake is bought by the firm s management it is known as a management buyout and if high levels of debt are used to fund the buyout it is called a leveraged buyout buyouts often occur when a compa... | |
what is a c corporation | a c corporation or c corp is a legal structure for a corporation in which the owners or shareholders are taxed separately from the entity c corporations the most prevalent of corporations are also subject to corporate income taxation the taxing of profits from the business is at both corporate and personal levels creat... | |
how c corporations work | c corporations can pay corporate taxes on earnings before distributing their profits to their shareholders in the form of dividends if they choose to do so individual shareholders are then subject to personal income taxes on the dividends they receive 2another clear advantage is the separation between management and th... | |
how to create a c corporation | creating a c corporation is similar to the process of formalizing other types of business entities these are the procedures for establishing one c corporations are the most common type of corporation versus s corporations or llcs advantages and disadvantages of a c corporationc corporations limit the personal liability... | |
what is the difference between a c corporation and an s corporation | an s corporation is similar to a c corporation in that both allow the owners and officers of a business to be legally distinct from the business itself however there are important differences with regard to taxation an s corp is a pass through entity meaning that it can be used to pass profits and tax credits on to its... | |
what is the difference between an llc and a c corporation | a limited liability company or llc is another business structure that shields its owners from the liabilities of the business entity however an llc is more suited to a small business or sole proprietorship unlike a c corporation the profits of an llc are not taxed directly but are passed on directly to the company s me... | |
how do you report income from a c corporation | a c corporation should use irs form 1120 to report its corporate income taxes the company may also have employment social security or medicare tax liabilities and these can increase the cost of filing taxes as well compared to the other forms of companies 2the bottom linea c corporation is a business structure that all... | |
what is the c suite | c suite or c level is a widely used vernacular that describes the upper echelons of a corporation s senior executives and managers c suite gets its name from the titles of top senior executives which tend to start with the letter c for chief they include the chief executive officer ceo chief financial officer cfo chief... | |
which positions are part of the c suite | the c suite refers to a company s top management positions where the c stands for chief various chief officers such as the ceo cio and cfo are the occupants of the c suite they re highly paid and influential managers but they re still employees of the firm the number of c level positions varies by firm depending on var... | |
how can i start a career that ends in the c suite | there isn t a standard road map for reaching the c suite being proactive and thoughtful about formulating your career path will be essential for some others might get by with simply being aggressive and rubbing elbows with the right people most will begin as junior staff members in the bullpen of a company hard work an... |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.