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Does every business firm have business strategies?

Not every business firm but lots of them have at least one business strategies.


What is inter firm comparison?

Inter-firm comparison is where you compare your particular firm or business to that of another business who are in a similar situation


What does business -to-business firms mean?

its a firm solely devoted to work on business to business relations and loans. like a bank firm


What are the factors influencing business policy of a firm?

The factors influencing the business policy of a firm are the items written into the mission statement for the firm. A mission statement is a guide for the firm listing their goals and the way they want to conduct business.


What is the conclusion on cash management?

Cash is the lifeblood of each and every business. If a firm maintain its cash level at optimum way then it should succeed in long-term. Unless a firm fail to maintain optimum cash level then it has lose its business.


What is the difference between firm and industry?

An industry is a type of business in the economy while a firm is a unit or entity carrying a portion of the business in an economy.


What is foreign business firm?

You would describe a business firm as foreign, if it is based in a different country than the one in which you live.


What is the example of dominant-business firm?

example of a dominant business


What is the idea that a business should strive to satisfy customers needs and wants while generating a profit for the firm?

It is the Marketing Concept.


Meaning of corporate firm?

A firm refers to a business establishment, such as a corporation. Firms are generally associated with business organizations that practice law.


What is the the abstract noun of firm?

"Firm" is the abstract noun. A firm is another name for a business company.


When a firm goes out of business it is called?

A firm may go out of business due to many reasons such as retiring, forced to sell by illness, or bankruptcy. But, usually when we hear that a "a firm goes out of business.." our thoughts would immediately think bankruptcy or failing.