MBA Fundamentals

Disruptive innovation is a popular and powerful concept in the business world - and one that all businesspeople should become familiar with if they intend to stay at the forefront of their industries. This book offers a detailed discussion of disruptive innovation - what it is, how the term evolved, who created it, and why some people disagree with the theory.

Today, business innovation is a buzzword you hear everywhere. There are conferences, books, TED talks, and college classes all dedicated to innovation. What is innovation? How do you make sure that your company is innovating? How do you make sure that innovation doesn't hurt your company at all? This book answers all those questions and more.

A strategic plan is a document created specifically for an organization, which clearly states the organization's core values, mission statement, and objectives. It covers the available resources - such as staff, supplies, and technology - and it states how these are to be used for the advancement of the overall business. It is a valuable tool that can be used to measure progress at any stage and to determine when all the objectives have been met.

Today, businesses change, grow, and fail at an ever-increasing pace. The marvel of modern technology and instant communication has made change occur at an ever quickening speed. To keep up, all companies must innovate and change. Innovation is a major buzzword, and one that everyone understands is central to the sustained success of a company.

Financial statement analysis seems like an obscure and complicated endeavor - and, indeed, it is. However, even if you're not an economics major, there are certain times when having a rudimentary working understanding of financial statement analysis can be really important. Most commonly, people find that they need to do some financial statement analysis if they're looking to invest in a company or evaluate its financial condition. So, if you want to be a savvy investor, how do you go about it? That's what we'll discuss in this book.

You may hear the term "business development" bandied about in the business world. But if someone says, "I work in business development," what exactly does that mean? Business development is a somewhat fluid term, and if you ask 10 different people, you may get 10 different definitions. Nonetheless, as we move through this book we will try to develop a basic understanding of business development.

In this book we'll begin with examining exactly what a business model is, and we will also take a look at the various definitions of the term. Next we will move on to talk about defining your business model. In some cases defining your business model is incredibly easy, but in other situations things might not be so clear. In chapter three we'll learn about the four most basic types of business models.