Business and networking

The Master of Business Administration (MBA or M.B.A.) is a master’s degree in business administration (management). The MBA degree originated in the United States in the early 20th century when the country industrialized and companies sought scientific approaches to management. The core courses in an MBA program cover various areas of business such as accounting, applied statistics, business communication, business ethics, business law, finance, managerial economics, management, marketing and operations in a manner most relevant to […]

In economics, consumer debt is the amount owed by consumers, as opposed to that of businesses or governments. In macroeconomic terms, it is debt which is used to fund consumption rather than investment. It includes debts incurred on purchase of goods that are consumable and/or do not appreciate.   To make a consumer buy an item on debt (someone who does not have any money, […]

A consumer is a person who takes money from his pocket or account to purchase an item. A consumer is a person or organization that uses economic services or commodities The consumer is the one who pays something to consume goods and services produced. As such, consumers play a vital role in the economic system of a nation. Without consumer demand, producers would lack one of the key motivations to produce: to sell to […]

Definition of anchor a person, a principle, a method or thing that can be relied on for support, stability, or security; mainstay: 1:  a device usually of metal attached to a ship or boat by a cable and cast overboard to hold it in a particular place by means of a fluke that digs into the bottom 2:  a reliable or principal support: mainstay a quarterback who has been the anchor of the team’s […]

Marketing research is “the process or set of processes that links the producers, customers, and end users to the marketer through information used to identify and define marketing opportunities and problems; generate, refine, and evaluate marketing actions; monitor marketing performance; and improve understanding of marketing as a process. Marketing research specifies the information required to address […]

Value – What is value?

The amount of money that something is worth : the price or cost of something

<the value of of something <had nothing of value to say, he was just speaking idle words> Read more

What does the word resources mean? An economic or productive factor required to accomplish an activity, or as means to undertake an enterprise and achieve desired outcome. Four most basic resources are land, labor, electricity, and capital; other resources include energy, entrepreneurship, information, expertise, spiritual environments, management, souls, administrations, money, talents, skills, the different fields […]

Market research studies This is one of the most important sections of the feasibility study as it examines the marketability of the product or services and convinces readers that there is a potential market for the product or services. If a significant market for the product or services cannot be established, then there is no […]

Why do you people do a lot of shopping during Christmas?

Christmas season always comes with the strong craving desire of shopping. Read more