Pricing Strategies can be defined as a way or a method of finding a competitive price of a product or a service. The decision of the firm regarding the pricing of the product and the pricing strategy used by the firm highly impacts the consumer’s decision of whether or not to buy the product. While […]
Capitalism is based on the fact that the wealth of the people increased with time. Capitalism took so many forms according to the changes in the world. There is still no consensus of the chronological trend of capitalism, but a major outline of general states of capitalism has been defined. Some of these forms of […]
When it comes to luxury, people like to think of brands that bags made of genuine leather, silk, sports car, and big houses. People can easily recall all these brands, but they are unable to explain or give a definition that befits the word. Luxury for some people can be different from that of others […]
Immanuel Kant was an influential German philosopher of the 18th century. He has authored several famous books related to philosophy. In his book, Groundwork of the Metaphysics of the Morals, he introduced the principles of Categorical Imperatives (CI). They are moral laws that must be obeyed unconditionally under all circumstances. They are not like commandments. […]
Strategy is a formidable component of both military as well as business domains. The term strategy had its origin in the warfare zone and was considered the art of the general to combat the enemies. From the domain of war and bloodshed, strategy took on its flight to the area of marketing and business management. […]
Stories have a deep impact on the hearts and minds of the people. It motivates one to work harder towards the process of achieving their goal. The success of their favorite ones inspires them to reach great heights. The life stories of some of the most intelligent people in their field of work have been […]
Like weather, economy changes either for better or for worse. Universities and colleges around the world are teaching the students about how the economy works. Among these students, some will be future politicians and they will contribute towards their respective country’s economic growth. Economy works in many ways. Economists tried to explain the economic growth […]
Personality is defined as ‘characteristic ways of responding to individuals and situations.’ Each and every individual holds a specific notion about their personality that is characteristic of them. The term ‘Personality’ is comprised of the different ways in which one can define his/her own existence. It also gives an account of one’s experiences in the […]
In the management context, strategic management includes formulating and executing the main objectives and actions taken on behalf of stakeholders by the top administrators of an organization based on resource analysis and appraisal of the internal and external surroundings in which the organization functions. Strategic management renders an organization’s overall vision and includes setting up […]
The term ‘strategy’ took its origin from the Greek word “strategia” meaning ‘art of the general’ having strictly military connotation only. Over time the term ‘’strategy” came to be applied in various other areas, especially in the business management area. Strategy is the high-level planning aimed at achieving organizational objectives and goals while making use […]
Financial Independence means merely to have money to pay for all the expenses throughout the future. This comes not just by saving, but another important thing is to make investments and generate financial independence and generate wealth generating ideas and follow them. The essential step to do so is by saving some real money rather […]
The concept of mental toughness emerged in the realm of sports training. It is the measure of resilience adopted by an individual to predict success in whatever he does. It may be in the realm of sports, studies, or workplace. Mental toughness is one such attribute that makes a person a better athlete, student or […]
The brain has a very important place in the hierarchy of organs in the human body. Keeping the brain in good order is very crucial as it is the organ that controls all the other actions in the body. It is not a one-day task but a continuous thing to be done each and every […]
Crisis Management or leadership in times of crisis is a complicated process altogether. The leaders to manage any crisis must be prepared to face any tough situation whatsoever and correctly respond to situations. The position of the leaders is very critical to any organization as there is a constant fear that some of their decisions […]
Perfectionism in psychology is a personality trait which always strives to attain perfection and nothing short of it. Perfection is, in fact, a utopian concept with no clear definition. It varies for different people. And people experience varying degrees of perfectionism. It has adaptive and maladaptive forms. Adaptive perfectionists have perfectionistic strivings and they want […]
Why do people like to emphasize on the importance of planning? Whatever we are going to do, it’s important to have a strategic plan before you dive in. Anyone who jumps into a battle without a plan is planning to fail, especially when you are a company competing in a world where big companies of […]
History tells stories of business owners who lost it all due to lack of planning. They became billionaires after a lot of hard work and planning; they went to the top. But then they forget to plan their expenses, they spend more than they earned. It is hard to understand, but there are no shortages […]
What is on the do-to-list of a person speaks a lot about him. The to-do-list actually determines the things that need to be done and also makes it easy to remember them. The task which is most important should come first. Work in order and handle the priority tasks first. It is actually a checklist […]
Successful people are different than common people. These people are different in activities, not in shape or size. Successful people are unique, so it is easy to know them. These people have some common characteristics. With these characteristics, these people make them different from others. Highly effective people don’t wait for the chances. These people […]
Programming is the way by which humans interact with computers. High-level languages are easier to code and understand. A code typically consists of data and logic to process the data. Data are of different data types like integer, floating-point, alphabetic, alphanumeric, Boolean, etc. Some programs support user-defined data types. Programs also handle constant data. Before […]
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