Market research is like a guiding light for businesses navigating the complex and ever-changing landscape of commerce. It's not just about collecting data; it's about gaining profound insights...
Thursday, 21 September 2023
Sustainable business practices refer to strategies and actions implemented by companies to minimize negative impacts on the environment, society, and economy, while also promoting long-term success an...
Wednesday, 10 May 2023
Digital marketing refers to the use of digital channels, platforms, and strategies to promote products, services, or brands to reach and engage with target audiences. It encompasses a wide range of ac...
Tuesday, 04 April 2023
Duopoly refers to a market structure where there are only two dominant companies or firms that hold a significant share of the market. In a duopoly, these two firms have substantial influence and cont...
Wednesday, 29 March 2023
The anchoring effect reminds us of the powerful sway initial information can hold over our decisions, guiding our judgments and influencing our perceptions. By recognizing this bias, we can strive to ...
Thursday, 16 March 2023
Digital transformation refers to the process of using digital technologies to fundamentally change how businesses operate and deliver value to customers. It involves integrating digital technologies a...
Tuesday, 28 February 2023
KPI stands for Key Performance Indicator. It is a measurable value that helps businesses and organizations track and evaluate progress toward specific goals and objectives. KPIs can be used to monitor...
Friday, 24 February 2023
The industrial sector, also known as the manufacturing sector, is a category of the economy that includes businesses that produce, process, or assemble goods. This sector is primarily concerned with t...
Tuesday, 07 February 2023
In economics, market structures refer to the organizational and competitive characteristics of a particular market. The main market structures are perfect competition, Oligopsony, Monopsony, Monopsony...
Sunday, 29 January 2023
Goodwill on investment refers to the amount paid for an acquisition that exceeds the fair market value of the acquired assets and liabilities. In other words, it is the premium paid by the acquirer ov...
Monday, 23 January 2023
"Value as a Service" (VaaS) is a business model that delivers value to customers on-demand, as a service. VaaS is a concept that originated from the Software as a Service (SaaS) model, where...
Thursday, 19 January 2023