The Concept of Small Business General Definition : Small business means the size of which is not big- the size again depends on the yardstick one uses to measure. What is small to one may be medium or even big to some others. Small business is an integral part of the total business scene in any country. What characterizes small business? * According to Small Business act 1934- A business which is independently owned and operated and not dominant in its field” is a Small Business. * The
Premium Business Small business
The saying that small businesses are the back bone of the economy is a statement that many people are familiar with and tend to agree with. (Chittenden) Small local Businesses are far different from large big-box retailer businesses. There is so much controversy between the two which causes many misconceptions. One misconception is that small businesses are not only known as small business‚ but entrepreneurs as well. They consider themselves “serious and committed businesspeople whose needs are not
Premium Small business Business
Knowledge Management in EC – e-commerce Abstract In the present E-Commerce (EC) era Knowledge Management (KM) is fundamental to a company’s success. Not only has the topic of KM attracted much research attention but the management of customer knowledge is becoming increasingly important. Nevertheless‚ little research has been carried out to see how KM is gained through EC and what a suitable framework is. Companies with EC operations have the advantage of acquiring more detailed information
Premium Knowledge management
Communication Development What is SMEs? ‘ The category of micro‚ small and medium-sized enterprises (SMEs) is made up of enterprises which employ fewer than 250 persons and which have an annual turnover not exceeding 50 million euro‚ and/or an annual balance sheet total not exceeding 43 million euro.’ (Definition‚ 2011) Above explained is the new definition reconstructed by European Commission based on the developments to business environment. This was published in the year 2005 in their website
Premium Customer Communication Customer service
Top E-Commerce Websites Flipkart.com • Classification : - General • Main focus :- General • Offline :- No • Mode of payments :- Credit Card Debit Card Net Banking e-gift vouchers cash on delivery Products category o Mobiles & Electronics o Camera & Accessories o Home Appliances o Books o Movies & Music o Games & Consoles o Computers & Peripherals o Health & Personal Care History o Founded by Sachin Bansal
Premium Google Larry Page
eBay Case Study E-commerce eBay Strategy Case Study prepared for E-business‚ Internet Marketing and E-commerce lecturers and students. Last update‚ March 2009. Case Study: eBay thrives in the global marketplace I recommend students researching eBay checkout the latest eBay statistics and business strategies from their SEC filings. The annual filings give a great summary of eBay business and revenue models. Alternatively filings are included in the eBay press releases which also have info on
Premium Electronic commerce Marketing Online shopping
April 4th 2012 E-Commerce Assignment topic: Impact of E-commerce on transport and logistics Table of content 1. Introduction 3 2. E-commerce and business 4 A. B2C E-commerce 4 B. B2B E-commerce 5 C. Evolution and forecast of E-commerce 5 3. Impacts on the supply chain 6 A. Problem raised by E-commerce 6 i. Demand 6 ii. Stocks 6 iii. Communication 6 B. Reaction and adaptation of companies 7 i. Information interchange 7 ii. Pure players 7 iii.
Premium Electronic commerce Electronic Data Interchange Marketing
Introduction: Internet‚ E-commerce E-commerce is used to describe the execution of business transactions within and across countries using the internet. In simpler terms e-commerce is the process of buying and selling via the internet (Graham‚ 2008). These transactions may either be B2B or B2C or C2C. Generally internet usage level and infrastructure for e-commerce are very low in poorer countries (Shenkar & Luo 2008. The trend is fast changing and according to the Internet World Stats‚ as at September
Premium Internet History of the Internet World Wide Web
E-Business Plan Prepared 16 April 2010 Submitted by: Danny O’Mara u114690 Contents 1. Executive Summary 3 2. Business Description 3 3. Market Analysis 4 3.1. Customers 4 3.2. Pricing 5 3.3. Payment 5 3.4. Competition 5 4. Operations 6 4.1. Marketing & Promotion 6 4.2. Management and Staffing 7 4.3. Hardware & Software 8 4.4. Risks 9 5. Financials 10 5.1. Developmental Costs 10 5.2. Operational Costs 10 5.3. Sales & Marketing Costs
Premium E-book Revenue Marketing
FIN 630 IP5 December 7‚ 2012 Abstract This paper will focus on Acme looking how to increase funding for Greenfield investment abroad‚ and how multinational enterprise funding can be very demanding and complicated process. Acme will be looking at the various internal sources of funding like accounts receivable‚ inventory reduction‚ line of credit‚ mortgages loans‚ well as short term loans and equity offering. With the variety methods of funding that can be done to attained conservative
Premium Finance