Penny Alba

Introduction company has a cost advantage when it can produce a product or provide a service at a lower cost than its competitors. Companies with...

Introduction Asana is one of the best business management apps. It's basically a task management app that allows you to add the different tasks that...

Introduction What is a “statement of retained earnings”? The statement reconciles opening and closing retained earnings for the period, using information such as net income...

Introduction Long-term liabilities are listed on the balance sheet after more current liabilities, in a section that may include bonds, borrowings, deferred tax liabilities and...

Introduction Inventories are the goods available for sale and the raw materials used to produce the goods available for sale. 2 The three types of...

Introduction 2. Marketing function; 3. Financial function; 4. Human Resources function; 5. Management information function; 6. Innovation (Research and Development). 1. Production Function: Production is...

Introduction As a procurement professional, your goal is to help your organization make the most of its purchasing power while reducing overall risk to the...

Introduction Common functional areas in business include sales, marketing, finance and accounting, customer service, human resources, research and development, production and distribution. What are the...

Introduction Let's dive into some of the pros and cons of business marketing. Create your ideal customer profile. In the beginning, you want to know...

Introduction Key points to remember. Pari-passu is a Latin phrase meaning “equal conditions”. In finance, a level playing field means that two or more parties...