What Is an IPO?
An IPO, or initial public offering, refers to privately-owned companies selling the business’s shares to the general public for the first time. “Going public” has benefits: it can boost a…
4 Types of Organizational Structure: Definitions and Examples
A business may implement an organizational structure in its workplace to run more efficiently. Depending on the size of the company and the way it operates, some structures might be…
Business Process Model and Notation
Business Process Model and Notation (BPMN) is a graphical representation for specifying business processes in a business process model. Initially developed by the Business Process Management Initiative (BPMI), BPMN has…
What is data visualization?
Data visualization is represented through standard graphics, charts, plots, infographics, and animations. These visual displays of information communicate complex data relationships and data-driven insights in a way that is easy…
Liability: Definition, Types, Example, and Assets vs. Liabilities.
What Is a Liability? A liability is something a person or company owes, usually money. Liabilities are settled over time by transferring economic benefits, including cash, goods, or services. On…
Receipt: Definition, Types, and IRS Rules
What Is a Receipt? A receipt is a written acknowledgment that something of value has been transferred from one party to another. In addition to the receipts consumers typically receive…
Capital Structure Definition, Types, Importance, and Examples
What Is Capital Structure? Capital structure is a company’s combination of debt and equity to finance its operations and growth. Equity capital arises from ownership shares in a company and…
Business Development Skills (With Definition and Examples)
Business development professionals work to develop a company by evaluating their performance and looking for areas to improve. Improvement may come from building and maintaining relationships with allies and partners…
Top 10 Communication Skills for Career Success
Indeed employers consistently included communication skills as one of the most commonly requested skills in 2020 job postings. Improving and showcasing your communication skills can help advance your career and…
Hierarchical Structure: Advantages and Disadvantages
While businesses can organize their authority levels in various ways, hierarchy is one of the most common structures. A hierarchical structure refers to the delegation of authority using a pyramid…