What’s the actual deal with picking the pill? Red pill – 1 million dollars cash up front, right now! Blue pill – No cash but free food, clothes, and a house with bills paid, for life! Ok go! But before that, do watch the video if you need to make the decision.
Tag: featured
Effective Pricing Strategy
Product and service prices all around the world will dramatically increase or decrease depending on the economic status of each country and region in the next few years (The Global Business Alliance, 2021). The implementation of a right pricing strategy would have an impact on the consumer’s decision in purchasing any product or service. Therefore,…
Mesmerizing Creation
The glow of the rising morning light, gives the early dawn of tranquillity. Mountains that rise over the countryside, with forests of trees reaching the sky. Birds chirping happily and flying aloft, sound of bees buzzing on the flower. The breeze is cool and refreshing, what a new life the sea has to offer. The…
Economic Development in the Automotive Industry
Taking into account either capital, land or labour in the automotive industry, it is important to understand the role of each component towards economic development. In my opinion, labour is more important than land and capital as the automotive industry cannot prosper without a skilled work force. Actually, increase in production capacity is possible when…
Risk Analysis
The process of identifying and analyzing potential issues that could negatively impact key business initiatives or projects is known as risk analysis (Uwe Stegemann, 2016). This process would help companies to avoid or mitigate risks. Assessed risks could be divided into internal risks and external risks as shown in the table below. Risk analysis is…
Business Management Milestones
Working within groups is the best way to overcome problems as groups are part of the organizations and thus cannot be excluded. The efficiency of production, process improvement as well as proficiency of problem solving is greater in groups instead of separate individuals (Akile & Norrain, 1998). Therefore, group effectiveness can assist in enhancing the…