An intrapreneur is an inside entrepreneur, or an entrepreneur within a large firm, who uses entrepreneurial skills without incurring the risks associated with those activities. Intrapreneurs are usually employees within a company who are assigned to work on a special idea or project, and they are instructed to develop the project like an entrepreneur would. Intrapreneurs usually have the resources [...]
Five forces model of Michael Porter is a powerful and widely used tool for systematically diagnosing the significant competitive pressures in the market and assessing their strength and importance. The model holds that the state of competition in an industry is a composite of competitive pressures operating in five areas of the overall market. Michael Porter has identified five competitive [...]
Electronic commerce (e-commerce) is the act of doing business electronically. This means that all your transactions are paperless and you use electronic means such as - EDI (electronic data interchange), electronic mail, bulletin boards, fax transmissions, electronic fund transfers, and the Internet. E-commerce, or simply electronic commerce, is the process used to distribute, buy, sell, or market goods, and services, [...]