An exploration of theories of firm behaviour that consider the objectives of individuals and groups within firms, diverging from traditional profit maximization models.
Exploration of the Bricks-and-Clicks Model, its history, types, key events, mathematical models, importance, applicability, related terms, comparisons, and more.
An in-depth exploration of clicks-and-mortar businesses, combining e-commerce with physical premises like retail outlets or warehouses. Learn about its historical context, key events, types, models, importance, and much more.
An approach to establishing the selling price of a product or service by estimating the total cost and adding a percentage mark-up to ensure profitability. Variations include accounting for different stages of costs, such as production, and adding mark-ups to cover overheads and profit margins.
Digitalization refers to the broader process of using digital technologies to change business models and provide new revenue and value-producing opportunities.
A comprehensive guide to understanding the Direct-to-Consumer (D2C) business model, where producers sell goods directly to consumers, bypassing traditional retail channels.
A comprehensive guide to understanding franchisors, including their roles, responsibilities, and the significance of franchising in the business world.
An intrapreneur is a manager whose role transitions from a company employee to the proprietor of an independent firm, often encouraged and potentially financed by the former employer. This aims to boost autonomy and incentivize innovation, ultimately enhancing the parent firm's profitability.
Comprehensive exploration of a multi-plant firm—its historical context, types, key events, detailed explanations, importance, applicability, examples, related terms, comparisons, interesting facts, FAQs, references, and more.
An in-depth look at subscription services, exploring their historical context, types, key events, significance, and various aspects, including examples, considerations, and FAQs.
An affiliated retailer is a member of an affiliated chain or an independent retailer who teams up with other independent retailers under a common trade name for merchandising purposes. Learn more about affiliated retailers, their role, types, special considerations, historical context, examples, applicability, and related terms.
A Direct Seller is a person engaged in the trade or business of selling consumer products directly, on a buy-sell basis, deposit commission basis, or any similar basis for resale by the buyer in the home.
Nonstore retailing encompasses various forms of retail sales without conventional store-based locations, including internet sales, vending machines, direct-to-home selling, telemarketing, catalog sales, mail order, and television marketing programs.
Explore the Freemium model, a popular business strategy offering both complimentary and paid services. Learn about its definition, real-world examples, pros & cons, and implications for business.
Explore the comprehensive definition of a hypermarket, including its advantages and notable examples. Learn how these large retail establishments combine the features of both department stores and grocery supermarkets.
Detailed explanation of mutual companies, their operational mechanisms, and advantages. Explore the unique aspects of mutual companies compared to other business forms.
Explore the definition, history, and key examples of the Old Economy, including how it shaped industrial and manufacturing sectors and its relevance in modern times.
A detailed exploration of Value-Added Resellers (VARs), their role in enhancing third-party products with added services or features, and their significance in various industries.
Learn about versioning in product development, how it functions, and see practical examples. Understand the mechanics and advantages of different product models at varied prices.
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