Business services

Business services

The business service industry provides the core business skills and knowledge required for a high performing workplace.It covers an array of expertise, including customer contact, business administration, business management, business information and human resource management.

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Business services > Marketing

comparative advantage

Business services; Marketing

Occurs when one country or company can produce at a lower opportunity cost than another.

competitive strategy

Business services; Marketing

A plan from which a company will devise a method to compete against its competitors.

cooperative

Business services; Marketing

A group of companies or individuals who pool their resources to gain better leverage in buying or selling goods or services.

countertrade

Business services; Marketing

The agreement that one party will exchange their goods or services for another party's goods or services, with or without a partial cash transfer.

diffusion theory

Business services; Marketing

A theory stating consumers will adopt new products in the following different waves: innovators (2 percent of population), early adopters (14 percent), early majority (34 ...