Business and Business Plan The term ‘Business’ refers to an independent organization or an enterprise which actively participates in commercial, industrial or professional activities. Businesses can be categorized as both profit and non-profit entities. The function of the non-profit business organizations is to work towards the fulfillment of a charitable mission or to work for […]
Concept of Goal Setting Since we have chosen to use the term goal in preference to other related concepts such as intention, task, or purpose, it will be useful to give our reason and to show the relationship between the term goal and these other concept. The term intention refers specially to a psychological state. […]
E-commerce business: Brief background The origins of E-commerce can be traced back to as early as the 1960s when firms began exchanging business records with other businesses employing Electronic Data Interchange ( EDI). In the year 1979, ASC X12 was established by the American National Standards Institute as a universal standard for businesses to exchange […]
The Following is an Excerpt from this Book E-commerce, in its simplified sense, is the purchase and sale of products and services over the internet by businesses and consumers. The concept of E-commerce is used to identify encrypted payments online. Such exchanges most frequently involve the real-time transfer of money from a buyer to the […]
The Following is an Excerpt from this Book DeFi (Decentralized Finance) is the phenomenon that optimizes decentralized networks to convert old financial products into unstable, open protocols that operate without the interference of intermediaries. A website viz., defi.network, set up by a group of DeFi-driven entrepreneurs, built what is termed as Open Community of Decentralized […]
The Following is an Excerpt from this Book People have experienced a rising phenomenon in cashless transactions in recent decades, as well as explicitly sold commodities and services in this fashion. Also, it has emerged after the advent of the global economic crisis that proprietary cryptocurrencies have posed some dubiousness. All these developments present the […]
Blockchain-built dApps, protocols, smart contracts, and digital assets are the key elements of decentralized finance. The Ethereum framework is the primary choice for the DeFi application considering the adaptability and the level of development, but that doesn’t imply it’s the only blockchain forum. DeFi is a development in the cryptocurrency industry, aimed at recreating conventional […]
People have experienced a rising phenomenon in cashless transactions in recent decades, as well as explicitly sold commodities and services in this fashion. Also, it has emerged after the advent of the global economic crisis that proprietary cryptocurrencies have posed some dubiousness. All these developments present the dilemma of whether or not the modern world […]
Changes are happening across the world at an alleviating speed. Globalization and digitalization are having a significant impact on the lives of people across the world. These changes are also influencing the societies and cultures. Education, distribution of wealth and the jobs are also highly sensitive to such changes. Disruption is no more considered a […]
Financial Markets are the one underlying factor every country has strived hard to have from the late 17th century. The resultant has been the development of a steady and stable financial market in all the developed economies. It was a booming period for the financial markets when after the First World War, great depression struck […]
Everyone knows that without a good leader, it is very difficult to achieve anything as a team. A leader is a person who brings everyone together to achieve one shared goal in the best possible manner. Everyone wants to be a leader without learning what leadership is all about and what makes of a good […]
Interpreting Artificial Intelligence Definition Before analyzing how artificial intelligence mechanism affects the business environment, it is pertinent to define the term for the sake of material clarity. Artificial Intelligence or AI, as commonly abbreviated, is a comprehensive and generic term that finds its acceptance to any form of computer software that performs functions as a […]
About this Book Artificial intelligence has a widespread application in the business domain. In reality, a major chunk of the human population is engrossed in communication in some form or the other with the help of AI. As the concept of AI is taking root in the global socio-economic territory, so is it becoming more […]
The Simple Start Organizing an office is an art. And art is to be appreciated and worked with for a very long time to make it the best. There is no plan B or a back-door for art, it is to be worshipped, and there is no other choice one can make. But the ways […]
About this Book Organizing an office, a hefty task yet has a beautiful outcome. An outcome that can be cherished, by both employees and the employer. The question being how the task can be done. It is usually the job of an interior designer to make the office look all happy and cheery than gloomy. […]
Artificial Intelligence – How it started in Banking Banking industry is one of the several industries that are spending heavily on Artificial Intelligence today. Banking and finance companies have already started spending a huge amount of money in activities like ‘voice-based commerce, customer behavior analysis, chatbots for customer services, identity identification, fraud investigation, credit risk […]
About this Book There are different uses that artificial intelligence-enabled technologies are offering to the banking industry. They include but are not limited to, improvisation in customer – service, optimizing processes, providing personalized services to customers and clients, etc. There are a number of banks that are incorporating AI into their business. Large commercial and […]
Public affairs are related to the building of relationships between various organizations. It is the development of connections between corporates, politicians, governments, etc. There are various functions under public affairs such as research, strategy planning and lobbying. Public affairs are used to influence the decision in favor of an organization, issue, agenda or prevention of […]
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 […]
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 […]