Reagan's first political speech launched his career in politics. October 2014 marks 50 years since this event. Now is the time to review this speech and remember its enduring theme: freedom.
The study of American politics and government is important. Too often, its citizens fail even the most basic civics questions. Read here on some important reasons for studying politics & government.
Ambush marketing allows a company to piggyback on an event's advertising. Click here to see examples and learn some best tips on this marketing practice.
Employee empowerment is an important tool in business. Click here to read about how The Walt Disney Company leverages employee empowerment in its organization.
Tactical business plans are micro-level approaches in larger business strategies. Essentially, these plans represent the "How" of a company's actions. Read here to learn more about tactical planning.
Internal cash control procedures are essential to a successful organization. Read here to learn about proper cash receipt and cash disbursement controls.
Porter's Five Forces model is a classic technique for business industry review. Read here a brief synopsis on this business tool.
Accounting jargon can be difficult to understand. Read here how to define and understand FOB Shipping Point vs. FOB Destination.
Competition is perhaps the single most important part of market economies. Click here to learn more about this economic concept.
Comparative financial statements are an alternate report format. Click here to learn more about this important accounting format style.
Substitute goods are different items that can mostly satisfy the same need. Specific examples exist to show how substitute goods affect consumer demand and the broader economy.
Fictitious assets - also known as intangible assets - are important to a business. Read here how to better understand this asset category.
Balance sheet limitations can reduce the information gleaned from this financial statement. Read here to understand how to deal with such limitations.
Cost models are wide and varied in today's business environment. Click here to learn about the use of two basic examples for this important process.
Intangible assets can be a large part of a company's operation. Click here to learn how to properly account for these assets on the balance sheet.
Working capital is an essential short-term accounting cash flow formula. Click here to learn how to compute and use this important formula.
High inventory turnover ensures a company has sufficient liquidity. Click here to learn simple steps to improve and manage inventory turnover properly manage merchandise inventory.
Focus group design is an integral part of conducting focus groups. Click here to read about some ideas for creating and using the best possible focus group.
The business world is full of specific terms, slang, and jargon. Ever wonder what the terms brown good and white good mean? Click here to read this article and discover each label's meaning!
Cost/benefit analysis is an important concept in business. Accurate financial data is necessary in order for a company to make the best decisions for future revenue paths. The use of managerial accounting and responsibility accounting can be useful in cost/benefit analyses.
Accounting information systems can be a wide, far-reaching process in companies. Different attributes are often inherent in these systems. The use of decentralization, control, and compatibility can help strengthen accounting information systems.
The accounting equation is the building block of accounting. Here, we discover how to record business transactions through the use of the accounting equation. Sample entries are included to further explain this process.
Accounting can cover many different business activities. Responsibility accounting is a process that helps decentralize this business activity. The use of responsibility centers can help strengthen a decentralized company.
Learn how to understand and use the current and quick ratios. Each one plays an integral role in financial analysis.
Audits are a common process companies undergo in order to present a fair and accurate financial picture of their operations. The end result of audits are one of four opinions. This article takes a brief look at each type of audit opinion.
One important skill required for accounting is writing journal entries. Accounting students often have a difficult time learning and using this skill. This article explains the basics of journal entries so all individuals -- whether student or business owner -- can write proper journal entries.
Math often scares many individuals who attempt to learn accounting. In this brief article and example, the accounting equation and basic correlating math concepts can help anyone start to learn an important financial building block: the accounting equation.
Minimum wage is one of those great government ideas to help the poor and low-middle class workers. Unfortunately, this price control does more harm than good for these workers. In fact, all individuals in an economy are negatively affected by minimum wage laws.
While cash is king in business, there are some times where a company may desire lower cash flow. The disadvantages of cash flow generation are discussed here to present an interesting take on this business topic.
In business, making a profit is essential to long-run success. A few basic formulas and financial analyses cab help owners and others assess a company's profits.
Financial ratios are mathematical formulas applied to a company's financial statements. In fact, these ratios are a common analytical tool used by many stakeholders. Learn how to review financial accounting ratios by reading this short yet informative article.
Budgets represent a financial roadmap companies can follow to fiscal success. Many different types of budgets exist in the business world. Two types discussed here include centralized and decentralized business budgets.
Adjusting entries include alterations made to a company's accounting books. Assets are a common source of adjusting entries. This article looks at specific entries made for supplies on hand.
The capital asset pricing model is a popular investment tool to analyze stocks. CAPM has a long history in the finance industry. Its purpose compares a stock's risk versus its potential financial return.