Strategic management deals with the long-term goals of a business rather than the day-to-day operations. These plans often make projections that extend three to five years out. In addition to creating ...

Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. David Kindness is a Certified Public Accountant (CPA) and an expert in the ...

The Occupational Safety and Health Administration via the Occupational Safety and Health Act of 1970 provides work-place safety standards, all of which apply to big and small businesses throughout the ...

If you’ve ever searched for information online about the Toyota Production System, you've probably seen various house-shaped graphics. But even though we all know what a house is, understanding what ...

I was never a big fan of former U.S. Secretary of Defense Robert McNamara (one of the architects of the Vietnam War), but on one matter I thought he was dead right: He always felt a primary ...

The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, has added a supplement to its widely used Enterprise Risk Management Framework, including detailed examples of ...

Financial management involves planning, organizing and controlling an organization’s financial activities. Effective financial management helps businesses achieve their goals, optimize profits and ...