Once an idea is converted into something valuable, like a product, design or an artistic creation, it turns into an intellectual property (IP). IP is a legal term that is used to signify all the things conceived by a person that...
Read MoreEntrepreneur and entrepreneurship are two popular and closely related business terms. However, they may have to be explained to individuals who are new to commerce and industry and are not well aware of the use of business...
Read MoreInternational trade has become an important part of many entity’s business activities. Globalization across countries has provided a boost to international trade. International trade comprises of two components – import and...
Read MorePreparation of documentary evidence of transactions is important for a business. Business documentation serves several purposes such as accounting evidence, audit trail, adherence to other jurisdictional laws etc. The revenue...
Read MoreGetting confused with the concepts of sales and business development is not a surprise because the two business activities are closely related to each other. Sales is entirely about selling products and services to the ultimate...
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