Organizational structure
The organization structure refers to how the different parts of an organization are related to one another and how decisions are made
Month: January 2023
160 posts
Operating profit
Operating profit is a company’s income from its main operations, before deducting interest and taxes. It can be calculated as the amount left after all expenses are deducted, but this…
Out-of-pocket expenses
Expenses that a person or company must pay directly, such as travel, meal expenses, and accommodations.
Organizational culture
Your organizational culture sets the standards for your employees and is something that makes them feel at home in their job.
Opportunity cost
It’s the option that was not taken because there weren’t better options for you. Putting all your eggs in one basket can be risky, but takes more time and effort…
Outsourcing : Need to Know about it
Outsourcing is one of the most popular options many companies have in order to save time, effort, and money. Third party contractors offer more diverse skills & different levels of…
Operations management
Operations management is the process and resources needed to produce goods and services. It includes planning, organizing, and controlling the activities involved in producing a company’s specific products or services.
Operating margin
Operating margin provides insight into the financial health of a company’s core operations. It compares its operating income to its revenue, an important metric you should keep track of.
Order backlog
Order backlog is a term used to describe the number of orders that are waiting to be fulfilled. This number can increase or decrease depending on the amount
Performance bond : Know about it
A performance bond is a type of surety. It guarantees the completion of the project according to the terms of the contract; ensuring that your business doesn’t lose money if…