Business Knowledge

Change management

What is Change Management?

Change management is defined as the methods and manners in which a company describes and implements change both internally and externally. Change internally and externally includes preparing and supporting employees, taking important and necessary steps for change, and monitoring the growth of the company before and after making changes. Significant organizational change can be challenging.

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Residential mortgage backed securities

What is a Residential Mortgage-Backed Security (RMBS)?

Residential mortgage-backed securities (RMBS) are debt-based security, which is similar to a specific type of bond, secured against a large pool of home loans. The interest on loans such as mortgages, home-equity loans, and subprime mortgages is considered to be something with a comparatively low rate of default and a comparatively high rate of interest

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joint venture

What is Joint Venture?

A Joint Venture is a legal arrangement between two organizations. In this agreement, they combine assets, expenses, investments, etc. things to achieve a specific goal and for a specified period of time. It this, not a permanent venture. This venture is for some particular time period. If you are an entrepreneur and you are planning

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Retailer

What is a Retailer?

A retailer is a company or any individual who operates the business that buys the products from a manufacturer or wholesaler and sells them to end-users or customers. Retailers typically don’t manufacture their own items. They purchase goods from a manufacturer or a wholesaler and sell these goods to consumers in small quantities.  In a

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