Category: Methods

What Is Contract Manufacturing? 6 Types, Advantages, Disadvantages

By Status.net Editorial Team on February 14, 2024 — 7 minutes to read

Contract manufacturing is a form of outsourcing where you, as a company, hire another firm to produce goods on your behalf. Typically, you’ll provide the specifications, and the manufacturer will handle the creation of the product from start to finish. This arrangement allows you to focus on other aspects of the business, like design, marketing,...

3 Types of Decision-Making Skills

By Status.net Editorial Team on February 8, 2024 — 7 minutes to read

Types of Decision-Making Skills In decision-making, your ability to choose the right course of action from several options is key. This section dives into specific skills that enhance your decision-making process. Analytical Skills Analytical skills mean you’re able to systematically and logically break down complex issues or ideas into manageable parts. When you’re equipped with...

80 Example Questions: How to Effectively Interview Potential Candidates

By Status.net Editorial Team on December 21, 2023 — 20 minutes to read

Setting Clear Objectives Part 1 Examples of Open-Ended Questions Part 2 Examples of Behavioral Interview Questions Part 3 Examples of Situational Interview Questions Part 4 Example Questions for Assessing Skills and Experience Part 5 Tips and Best Practices Part 6 Applying Fair Assessment Methods Part 7 Handling the Interview Flow Part 8 Reviewing and Comparing...

How to Write an Action Plan: Step-by-Step (Examples)

By Status.net Editorial Team on November 9, 2023 — 9 minutes to read

An action plan is a detailed roadmap of the necessary steps you need to take to achieve a specific goal or objective. It’s like a GPS that guides you from your starting point to your desired destination. Creating an action plan helps you break down a large goal into smaller, more manageable tasks, which makes...

3 Essential Templates for Crafting a Business Strategy

By Status.net Editorial Team on November 8, 2023 — 7 minutes to read

A business strategy serves as a roadmap, guiding companies towards their goals and helping them navigate the challenges and opportunities that arise along the way. While there is no one-size-fits-all approach to crafting a winning strategy, exploring business strategy examples can provide valuable insights and inspiration for business leaders seeking to develop their own unique...