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One-Stop Shop
What does it mean?
A term used to describe a company that can do everything for a person or client. The idea is to provide convenient and efficient service for people.
In Other Words...
For example, a bank may be able to offer you personal banking services, investment advice and products, insurance policies as well as offer you loans. Compare this to visiting a separate institution for each area of need, and you have the possibility of saving a lot of time!
Related Links
Getting to Know Business Models - Do you know how your companies really make their money? Learn to assess the systems by which businesses generate their revenue.
Related Terms
Business | Business Model | Corporation | Horizontal Integration
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