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operational terms Tagged Articles



Financial Goals of Organization
The two important financial goals of organization can be profit maximization and wealth maximization.

Other operational terms Related Articles

Search Engine Optimization Vs. Search Engine Marketing: What's The Difference?
SEO and SEM are two terms that are commonly bandied about by webmasters. Sometimes it seems as if the two terms are used almost interchangeably. But is there a difference, and if so, what is it?

Measuring Buyer and Seller Performace A PI Q and A
Member Question: What methods are available to measure purchasing performance for both buyers and sellers? My Response: The challenges associated with quantifying (re measuring) performance extend beyond the mechanisms for capturing the data to include its timely application relative to ongoing real-world decision making. Specifically, is the current methodology capable of incorporating centrally established acquisition guidelines or parameters (i.e. price, quality, delivery performance, terms offered etc.) into front line buying decisions without negatively impacting operational capacity and performance.

How to create marketing that is better than Fortune 1000 companies
In the world of business it can be disheartening to think that you'll never be able to compete with the “big boys” because of their huge advertising budgets. Well maybe you can't in terms of production value, but you can certainly put together effective marketing campaigns that can rival what they do in terms of return on investment. The key is doing the basics of marketing...

Operational Innovation
There is an opportunity for almost every company to gain advantage through operational innovation. Operational innovation simply means identify key business processes and innovating in them to achieve faster throughput, or to provide some new convenience or wow factor customers, or to bring cost of offerings down in a dramatic fashion.This article explains operational innovation with help of an example.
Franchise Dictionary / Glossary
Whether you are an experienced franchise professional or you are just a fresher in franchising? This glossary is aimed at demystifying any jargon that you may come across while visiting an exhibition, taking an industry convention or reading a magazine, Here you will find explanations for the most important franchising terms. What’s the difference between a franchisor and a franchisee? Many terms are commonly used in association with the concept of buying and owning a franchise. If you are interested in purchasing a franchise, you need to be familiar with these terms. Are you considering franchising your business, this glossary is the most comprehensive franchising dictionary available.

The Golden Thread: Linking Strategy to Execution
Detailed operational planning has to relate corporate strategy with the operations of the enterprise at the initiative level and below that at the project level. This Method Frameworks article describes ways to inject operational planning into the strategic planning process and string the “golden thread” through all of the execution loop-holes.
Cash Shortfall? - Managing Creditors
When you are in a situation where you cannot pay all your current creditors you must start to prioritise who you pay, and when you pay them. If you are a retail business for example; then your suppliers are the most important since without them you have no products to sell. If you have credit terms try to extend them, if not, at least attempt to maintain your existing terms otherwise your cash position will get worse.

Importance of Terms When Buying or Selling A Business
Though the price is an imperative part of buying or selling a business, the terms of the deal are also crucial. This article shows some of the reasons why understanding the terms can help you when it comes to any business transaction.

There Is No Right Or Wrong
Learning to "let it be" is one of life's toughest challenges. We see things in terms of right or wrong because that is how we are brought up and how society keeps itself in check, but there is a cost for seeing things in these terms. There is also a way we can let it go and enjoy the calm that comes with letting go of judgement.
Popular SEO Terms – Recap of Some of the Abbreviation
The definition and brief explanation of common SEO terms used by professionals help website owners to understand them better. There are several such terms which if not explained can cause troubles in communication with SEO professionals.
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