Mutual consumption is the shared use of goods or services by a group. For more than a decade Uber and Ola are sharing their ride services. It is a form of peer-to-peer sharing, renting. It allows consumers to obtain resources that they need, while also allowing them to provide resources that other needs have not … Continue reading What is Mutual Resource Utilization and How Does it Work?
Tag: Business Analytics
Corporate Tactics to be Profitable
The older techniques to increase sales was to create demand, make products cheaper, make advertisements and earn lots of profit. But there is another alternative that is being ignored, creating scarcity. when a company uses scarcity, your customer perceives that there is limited edition which compels them to purchase the product. It develops fear in … Continue reading Corporate Tactics to be Profitable
All About Collaborative Leadership
Rise of collaborative leaders It seems that lone leadership has served corporate culture very well since the start of the Industrial era. But from the past few decades, with the growth of globalization, the internet has increased the complexity of the work. Newer approaches to leadership have started to take form. We are no longer … Continue reading All About Collaborative Leadership
New Jersey chocolate dreams are melting away.
New Jersey's chocolate company Mars flourishes the best cocoa beans of the world. It charges 25% more for its best ingredients bought from Zurich and Switzerland. Now the company is trying to make its own chocolate brand. But so far they are unsuccessful. Pralines from Belgium and Artisanal chocolate are in the same price range … Continue reading New Jersey chocolate dreams are melting away.
CORPORATE GOVERNANCE : NEED OF THE HOUR
INTRODUCTION Creditors and other stakeholders of troubled companies allege that members of the companies, board of directors and senior management have engaged in problematic corporate governance practices. To solve the issue of governance in financial institutions several reforms have been made in the start of the 21st century, yet just after a few years cases … Continue reading CORPORATE GOVERNANCE : NEED OF THE HOUR



