You may have noticed several firms holding contests for their fans on social media or for their prospective customers at their outlets. Do you wonder why companies spend on having such contests or sweepstakes? If you do, then we are going to tell you the major reasons behind this time and resource investment made by firms.
While a few firms may not recognize the need for Internet and social media marketing, most of the companies now need to market their new and existing brands on these platforms. While it is not mandatory, it has become a requirement, considering the cut throat competition in every business sphere. Check out what else lures or forces these businesses to market their brands online.
Many companies hire logistics consultants to manage their supply-chain issues and to offer support to company management in taking better decisions in the area of logistics. However, there are several different reasons behind the hiring of these consulting firms.
Staying connected to the internet is a necessity for most companies today. However, a large number of them are beginning to implement a strict policy on internet use and emails in the office. For the employees, this tends to feel rather dictatorial and fascistic though business owners and company manager have very good reasons for putting these policies in place. We examine the top reasons why companies implement email and internet use policies.
Going public is a surefire sign that a company has done well for itself in the market. However, issuing stock also means that a company’s transactions may become public information and that it is subject to additional laws. Issuing stock also essentially puts the ownership of the company in the hands of the stockholders. So why do companies issue stock? We investigate.
