Google has become the go-to search engine for business professionals. In addition to its comprehensive index of webpages, Google offers tools and features specifically designed for business users. Business analysts can use Google Sheets to keep track of data, create charts and graphs, and track changes in data over time. Google Apps for Work provides…
The originate-to-distribute business model is subject to the principal-agent problem because the agent (the distributor) is incentivized to act in their own interest, rather than in the interest of the customer. This problem can lead to inefficiencies and corruption, and can ultimately hurt the customer. Agency costs The principal-agent problem is a problem faced by…
Junior business analysts are in high demand, and with good reason. They are the bridge between junior level managers and the business analysts who design, develop, and implement solutions. They work with executives to identify problems and develop solutions. In order to qualify for a junior business analyst position, you must have at least a…
Annabeth is a young businesswoman who has a unique business model. She creates and sells bracelets made from recycled materials. Annabeth’s bracelets are made from materials such as plastic bottles and aluminum cans. Annabeth’s business model is a challenge for many reasons. First, there is the challenge of finding enough recycled materials to create her…
Technical business analysts are in high demand in today’s economy. According to Indeed.com, the median salary for a technical business analyst is $96,540. With so many companies in need of technical business analysts, there is a wealth of opportunity for those who are skilled at this type of analysis. What is the average technical business…
Thumbtack is a business model that encourages users to post jobs and services for free, in order to attract job seekers and businesses. The company takes a commission on transactions made through its platform. What is a business model? A business model is a set of principles or practices that businesses use to organize their…