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An open textbook is a textbook licensed under an open license, and made available online to be freely used by students, teachers and members of the public.Many open textbooks are distributed in either print, e-book, or audio formats that may be downloaded or purchased at little or no cost.
Business studies, often simply called business, is a field of study that deals with the principles of business, management, and economics. [1] It combines elements of accountancy , finance , marketing , organizational studies , human resource management , and operations.
The company offered textbooks in over 20 subjects. [12] The company provided two types of books. In an "open" textbook, the contents of each chapter and the arrangement of chapters were defined by the company. In its "alternative" textbooks, the material was arranged in a way that was very similar to a specific, commercially available textbook.
In his 2012 book Seeing the Big Picture, Business Acumen to Build Your Credibility, Career, and Company, Kevin R. Cope states an individual who possesses business acumen views the business with an "executive mentality", with the ability to comprehend how the moving parts of a company work together to make to ensure success, and how financial metrics like profit margin, cash flow, and stock ...
Business management – management of a business – includes all aspects of overseeing and supervising business operations. Management is the act of allocating resources to accomplish desired goals and objectives efficiently and effectively; it comprises planning, organizing, staffing, leading or directing, and controlling an organization (a ...
[40] [41] [42] Their business model [43] was to offer the open textbook free online, [44] [45] and then sell ancillary products that students are likely to buy if prices are reasonable – print copies, study guides, ePub, .Mobi , PDF download, etc. Flat World Knowledge compensates its authors with royalties on these sales. [46]
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Distribution business models, various Fee in, free out Business model which works by charging the first client a fee for a service, while offering that service free of charge to subsequent clients. Franchise Franchising is the practice of using another firm's successful business model.
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