How important is not to “play safe in life” ?

Company room :

Melinda and Gates planned to launch its own specialised ‘Chinese Silk’ to enter the apparel industry. It has once again heated the environment of the company as people are divided over the opinion. Some want to invest in a patented technology so that fresh and new business opportunities open up. While other wants to invest in an existing market. CEO Taylor and VP of R&D Stelena are already divided over the issue of launching. If the company invests in existing technology patents will get expensive to defend and soon our company too would be in a price war with copycats. Stelena mentioned it would be tough to manage in a market where we don’t have a partner. But it is a battle one should fight. And this fight would not get restricted to the company’s walls but in new markets too, where our competitors are present and are well aware of our weaknesses. They might defeat us but what will be the cost of it? If we work efficiently and timely we can make more out of our investment. Taylor paused and stood, to leave the meeting room while confronting the fact that we can’t throw our stakeholder’s money in a flowing river just to try something new. Taylor wants Stelena to give him a more detailed report of why she thinks other ways are more opportunistic? Stelena’s character is unbiased and more deep seated.

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Value chain development key for job option

Symbiotic relationship between value chain and job option

There exists a complementary relationship between creating value and providing jobs. Company generates value when it uses its resources to offer something valuable to its customers. When business expands, work load increases which provides opportunity to skilled and semiskilled workers.

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SECRETS OF SUCCESSFUL SALESPERSON

CEO of various companies are assiduously trying to figure out where the gap lies in performance of their company. To analyse the gap, 500 sales people were analysed during a real sales meeting. They discovered 8 types of sales performed by these salespeople, and out of these 8 types only 3 of them are effective which accounts for 37% of total salesperson and only 37%  are consistently effective, rest 63% downgraded the performance. But research also finds that these 8 types of sales are formed on the basis of salespeople behavior which can be changed through training. Companies can design quality teams by recruiting better sales people if they understand these 8 sales types effectiety.

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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 of insolvency grabbed the attention. So the question arises, what might have gone wrong. Why were reforms made so effective? It might be possible that through reforms they just had added a few more laws and policies without improving the working process of boards and members of the company.

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How to Make a Business Ecosystem Successful?

On getting a track of the connectivity between deduction deliberately and business enterprise makes way for investigating how directors misuse pioneering exercises for advertise initiative and worth creation. A company’s biological system both moves business enterprise and advances key reasoning. While there are things about the environment that ought to be taken as ‘givens,’ there is extensive space for enterprise in confining, reconsidering, and changing Entrepreneurship and key speculation in business biological systems or chose portions of it – for upper hand. Strikingly, the basic significance of interfacing business enterprise and vital reasoning becomes apparent when we think about various kinds of biological systems.

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Newer Business Models and Emergence of Fintech

Money related markets overall were significantly influenced by the web insurgency during the 1990s, with one of the significant impacts being that it brought down expenses for budgetary exchanges. Innovative advances driven by the web upset changed the essence of the budgetary administrations industry and prompted the improvement of electronic money (e-account). E-money alludes to all types of budgetary administrations, for example, banking, protection, and stock exchanging performed through electronic methods, including the web and World Wide Web. E-money permits people or organizations to get to accounts, execute business, and get data on budgetary items and administrations without being in physical contact with monetary firms.

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Store Design: Ideas that Can Quickly Boost Popularity and Sales

Managing any kind of establishment in the hope of attracting customers can often be a challenging endeavour. Whether this is retail or anything else, it’s important to understand that most people tend to make the decision of whether or not to get anything when they’re physically at the store itself. This is often what makes or breaks a store’s ability to rise in popularity and make sales – because taking advantage of this simple fact will no doubt lead to success. Continue reading “Store Design: Ideas that Can Quickly Boost Popularity and Sales”