You can either start a business enterprise from scratch with the help of your own ideas or you can buy an established or a start-up business. Developing a company from the ground-up
What is Macromarketing? Definition, Meaning and Examples
Definition of Macromarketing The concept of Macromarketing can be defined as the marketing policies, strategies, and objectives that have an influence on the society and the economy of the nation as a
What is Opportunity Cost? Meaning, Examples and Calculations
A person can lose many opportunities over a period of time. Every opportunity lost is a cost. What is your next best option? Should I spend my time, money or effort elsewhere
What are Staple Goods? Definition, Meaning and Examples
Definition of Staple Goods The term staple goods refers to those specific consumer goods that are consumed by the people on a regular basis and thus are bought regularly. These goods that
Who are Non exempt Employees? Definition, Meaning and Examples
Definition of Non-Exempt Employees Employees who work as per the FLSA (Fair Labor Standards Act) regulations are defined as Non-Exempt Employees. FLSA decides the minimum wage and overtime laws for the non-exempt
18 Most Expensive Bikes in the world
Have you come across a genuine bike lover? You will realize that they are crazy about their vehicles. This is a hard fact that guys simply love their bikes more than anything
What is Competitive Equilibrium? Meaning and Examples
Definition The concept of Competitive Equilibrium can be defined as an equilibrium condition where the objective of profit maximization of the firm and the aim of utility maximization of the consumers in
Top 17 Most Expensive Beer in the World
Summer or winter a refrigerated beer is one of the most popular alcoholic beverages that you can find on this earth. Everyone loves to chill with a beer bottle because of its
17 Most Expensive Bottle of Water in the World
Water is the elixir of life because one cannot survive without this precious commodity. Fresh drinking water is a necessity and delight as it quenches our thirst like no other. There is
What is Service Strategy? Meaning, Importance and Process
The marketing strategy of service industry focuses on delivering experiences processes and other intangible is to the customers and not physical goods like product industry. It also involves a focus on all
Importance of Risk Management
Gone are those days quite literally when it was quite easy to do business and attain the zenith of success and growth in a short period of time. But now the markets
What is Volume Discount?
Definition Volume Discount can be defined as when the business or the brand gives the financial incentives or advantages in order to motivate the customers or the group of individuals to purchase
What is Fashion Marketing?
Definition of Fashion Marketing Fashion marketing is that branch of marketing in which the industry deals with advertising campaigns and promotional events of the items of clothing and accessories to the targeted
Organized Retail – Meaning, Advantages and Examples
Organized retail is a sector which consists of the companies which are associated with production or sales of goods and services that operates as private limited organizations which are governed by companies
12 Types of Retail Formats – Formats of Retailing
The word retail is derived from French words “re” and “tailer” whose meaning is to “cut again”. retail store works exactly as their name describes. Goods are sold in small pieces to
Top 15 Most Expensive Bicycles in the World
The human race has come a long way from the horses to cycles, automobiles, aeroplanes, helicopters but one thing that has remained constant is people’s love for a good bicycle. Yes, you
