by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is Vertical Integration? Vertical integration is basically when a company is able to control several vertical levels of the supply chain. In the supply chain, we have a number of stages such as; raw material, manufacturing, distribution, and retail. A company may...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is Value Added?Value added can be defined generally as the increased utility that a company creates for its consumers or clients. More specifically, it refers to the extra features a company may add to a product or service to give it a sense of increased value to...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is Collaborative Commerce (C Commerce)?Collaborative commerce (C-commerce) refers to an effective use of digital technology in harnessing supply chains and distribution channels in order to take advantage of the global economy. When personnel interaction and...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is Corporate Defense Management (CDM)?Corporate defense refers to a collection of programs, measures, and strategies that a company uses for its self-defense. This includes how a company is governed and how its operations are aligned to serve as its justification...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is Boil The Ocean?Boiling the ocean refers to an attempt to perform a seemingly impossible task. Also, it is used to refer to when the scope of a task or project is unnecessarily increased so as to become difficult to achieve. In strategy, it refers to situations...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is Vertical Analysis?Common-size analysis, also known as vertical analysis, converts each line of financial statement data to an easily comparable, or common-size, amount measured as a percent. The result is the creating of a Common-Size Financial StatementThis...
